Sensex, Nifty gain as investors bet on demand recovery during festive season

Indian shares surged early on Thursday, driven by a near 10% gain in Titan Company after it indicated a strong recovery in demand in the second quarter, while Reliance Industries rose after its retail arm said it would launch 7-Eleven stores in India. The NSE Nifty 50 index rose 0.97% to 17,818.40, while the S&P…