The penultimate day of the February series F&O expiry saw the benchmark indices painting a picture of optimism, with hues of green dominating the early trades. However, amidst this canvas of positivity, there were pockets of caution, as a majority of sectors dipped into the red.

It was a happy Monday on the bourses as markets all over the world were trading in positive territory despite volatility and rising inflation. Sensex surged 1.41 per cent to end at 54,521.15 whereas Nifty 50 clocked in 229.30 points or 1.43 per cent to close at the 16,278.50 level.