The Sensex at the Bombay Stock Exchange surged 243 points, or 1.2 percent, to close at a two-year high of 19,906, on Monday after the Government postponed the implementation of General Anti Avoidance Rules (GAAR), and after inflation declined to a three-year low. The Nifty at the National Stock Exchange jumped 73 points, or 1.2 percent, to 6,024. Stock markets in China, Hong Kong, and South Korea rose between 0.5 percent and 3 percent.