SBI surges to record high as markets rally on US trade deal optimism

Markets closed sharply higher on Monday, with the benchmark Sensex gaining 485.35 points or 0.58 per cent to settle at 84,065.75, while the Nifty advanced 173.60 points or 0.68 per cent to end at 25,867.30, driven by optimism around an interim India-US trade framework and standout earnings from State Bank of India. State Bank of India emerged as the top gainer on the Nifty50, surging 7.63 per cent to ₹1,147.80 after reporting better-than-expected third-quarter earnings and upgrading its full-year loan growt ...