The Sensex jumped nearly 800 points, or 1 per cent to the level of 79,992 during the session, while the Nifty 50 rose over 200 points, or nearly 1 per cent, to reclaim the level of 24,264.

Indian benchmark indices Nifty 50 and Sensex ended the previous session lower. Nifty 50 closed at 24,039.35, while Sensex ended at 79,212.53. Asian shares edged higher in early trade today.The ongoing earnings season for March quarter and the FOMC policy decision on May 7 are the key triggers to watch out for in the May series.

Asian markets also started the week on a firm footing. Japan’s Nikkei 225 rose by 0.82%, and the Topix index advanced by 1.11% in early trade. South Korea’s Kospi was up 0.32%, while the Kosdaq gained 0.29%. Australia’s S&P/ASX 200 climbed 0.44%.