Indian equity benchmarks surged in their best session in eight weeks on Monday, driven by gains in energy heavyweights Reliance Industries and ONGC as oil prices climbed, and by a rebound in beaten-down financials.

Dear Trader… Markets started the week on an upbeat note and gained ~2%, tracking favorable cues. After the initial uptick, Nifty continued to move gradually higher as the day progressed and finally settled closer to the day’s high at 21,875.20 levels. The majority of key sectors contributed to the move