Nifty, Sensex spike over 2% as investors cheer stimulus measures

Indian shares jumped over 2% on Monday to their highest close in more than two weeks, as a slew of government measures to revive economic growth and hopes of progress in China-US trade talks helped boost sentiment.

The broader NSE Nifty closed 2.11% higher at 11,057.85, while the benchmark BSE Sensex settled up 2.16% at 37,494.12.

Thirty-nine stocks of the NSE index's 50 constituents finished the day in positive territory.

Tags: Nifty, Sensex , stimulus , China-US trade talks,