India, May 12 -- Indian shares were sharply higher in early trade on Monday as investors reacted to easing Indo-Pak tensions and positive indications coming from China-U.S. trade talks.
The benchmark S&P/BSE Sensex jumped 2,150 points, or 2.7 percent, to 81,612 while the broader NSE Nifty index surged 660 points, or 2.8 percent, to 24,671.
Among the top gainers, Power GridCorp, Bajaj FinServ, Bajaj Finance, Axis Bank, Infosys and Adani Ports all climbed around 4 percent.
Adani Power soared 6 percent on winning a contract to supply 1,500 MW thermal power to Uttar Pradesh at Rs 5.383/unit.
Yes Bank jumped 3 percent after Japan's Sumitomo Mitsui Banking Corporation bought a 20 percent stake in the bank from SBI-led consortium.
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