Indian benchmark indices Sensex and Nifty surged in early trade, tracking global markets after lower-than-expected US inflation fueled rate cut hopes. Adani Ports, Zomato, UltraTech Cement led gains.

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...