The Sensex and Nifty rebounded sharply on Monday, snapping a five-day losing run.
The Sensex closed at 76,835.78, up 776.29 points or 1.02 per cent, while the Nifty settled at 23,995.95, up 229.40 points, or 0.96 per cent.
The rebound followed a sharp decline in crude oil prices after the United States and Iran paused military strikes, easing fears of a longer conflict.
IT and bank stocks led the advance, with Eternal and IndiGo among the top gainers.
The gains extended a positive opening earlier in the day’s session.
The move reverses five consecutive sessions of losses driven by an earlier spike in crude oil prices.
(Image: Niyantha Shekhar (CC BY 2.0))
