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Markets surge in early trade on buying in blue-chip bank stocks

Benchmark indices Sensex and Nifty surged in early trade on Thursday amid a rally in Asian markets and buying in blue-chip bank stocks. The 30-share BSE benchmark Sensex jumped 425.5 points to 78,898.37 in early trade. The NSE Nifty surged 123.85 points to 23,851.50.