Rising in tandem with global markets, the Sensex at the Bombay Stock Exchange surged 264 points, or 1.6 percent, to close at 16,922, on Monday. The Nifty at the National Stock Exchange jumped 78 points, or 1.6 percent, to 5,079.Stock markets in Japan, Hong Kong, Singapore and South Korea gained between 0.1 percent and 1.2 percent, after economic reports from China, Japan and Australia showed accelerating economic growth.