India stocks rise by 3.74pct

New Delhi: Indian stock markets the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) rose phenomenally by 3.74 percent and 3.82...

New Delhi: Indian stock markets -- the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) -- rose phenomenally by 3.74 percent and 3.82 percent, respectively, showed their live official websites at the end of the day's trading on Monday.

While the BSE rose by 2975.43 points to 82,429.90, an increase of 3.74 percent, the NSE increased by 916.70 points to 24,924.70, an increase of 3.82 percent.

According to rough estimates, the investors earned over 16 trillion Indian Rupees (around 188.70 billion U.S. dollars) in a single day of trading.

One of the factors attributed by Indian media reports to the rise in Indian stock markets was the easing of the tensions between India and Pakistan.

"The sharp rise in the market came after a series of positive global and domestic developments, including signs of easing tensions between India and Pakistan," said an online report by "India Today."