Bulls dominated the Indian stock market as key indices rose substantially. The Sensex gained over 4.95% closing at 8,756.61 points, while the Nifty rose 3.89% to close at 2,719.25 points. Gains in real estate, metal, and banking stocks contributed the most to the increases. While most stocks rose, NTPC and Sun Pharma declined slightly. Foreign funds remained skeptical and sold shares.