Sensex surges 515 points ahead of GDP data; Nifty hits fresh closing high of 15,583

Equity indices jumped on Monday with benchmark BSE sensex rising over 500 points led by gains in metal and banking stocks, ahead of the gross domestic product (GDP) data for the fourth quarter. The 30-share BSE index rose 515 points or 1 per cent to close at 51,937; while the broader NSE Nifty settled 147 points or 0.95 per cent at fresh closing high of 15,583.