The Indian equity markets surged on Wednesday following global peers. the Sensex ended the day 622 points higher and the Nifty rose 2.11% to close at 9,066. DRL, HDFC, M&M, BPCL and GAIL were the top five Nifty gainers. 42 of the 50 Nifty stocks ended in the green. The rupee depreciated by 14 paise to 75.80 against the US dollar.