India's main stock indices saw a positive trend on Monday, with the NSE Nifty 50 climbing 0.86% to settle at 22,336.40, and the S&P BSE Sensex gaining 0.77% to close at 73,648.62. The surge was primarily driven by the performance of key companies like ICICI Bank, Larsen & Toubro, and Infosys.
However, overseas investors became net sellers after a previous day of buying, with foreign portfolio investors selling stocks. This shift in investor behavior adds an interesting dynamic to the market's movement.