Sensex, Nifty surge on reform measures

SENSEX-NIFTY-SPICEJET-FDI-REFORMS:Sensex, Nifty surge on reform measures

The BSE Sensex and Nifty rose on Monday after the government announced additional reform measures, including the opening up of the aviation sector to foreign direct investment.

Both the indexes gained over 1 percent. Airline stocks surged, with Spicejet Ltd up over 13 percent.