Mumbai: The Indian stock market saw strong gains on Monday, with the Nifty index rising over 100 points to surpass the 25,550 mark. The Sensex followed suit, climbing nearly 400 points to reach 80,200. The market optimism was largely driven by gains in technology and electric vehicle stocks.

Major IT companies, including TCS, Infosys, Wipro, and Tech Mahindra, recorded notable increases, reflecting renewed investor confidence in the sector. Ola Electric emerged as one of the top performers, rising 40 percent in the past month. Other stocks that saw positive movement included Premier Energies, Aditya Infotech, Torrent Power, and PG Electroplast.

Banking stocks also contributed to the upward momentum, with IndusInd Bank and RBL Bank showing steady gains. Market analysts attributed the rally to a combination of strong quarterly earnings from IT and midcap companies, positive global market cues, and optimism over economic growth indicators.

Investors are advised to monitor upcoming corporate earnings and global developments, which could influence the market’s trend in the coming sessions.