India’s benchmark equity indices BSE Sensex and Nifty 50 rebounded more than 1 percent on Monday, recovering after a sharp sell-off over the previous three trading sessions.

The recovery was largely driven by value buying in blue-chip banking stocks, which helped lift overall market sentiment.

The 30-share benchmark index ended at 75502.85 up by 938.93 points or by 1.26 % and then NSE Nifty was at 23408.8 up by 257.7 points or by 1.11 %.

Sensex touched intraday high of 75805.27 and intraday low of 73949.76 The NSE Nifty touched intraday high of 23502 and intraday low of 22955.25

The top gainers of the BSE Sensex pack were UltraTech Cement Ltd. (Rs. 11054.75,+4.22%), Trent Ltd. (Rs. 3595.45,+3.01%), HDFC Bank Ltd. (Rs. 840.50,+2.88%), Mahindra & Mahindra Ltd. (Rs. 3035.70,+2.86%), Eternal Ltd. (Rs. 222.05,+2.80%), among others.

The top losers of the BSE Sensex pack were Bharat Electronics Ltd. (Rs. 429.40,-2.32%), Sun Pharmaceutical Industries Ltd. (Rs. 1778.00,-1.25%), Power Grid Corporation of India Ltd. (Rs. 297.75,-0.98%), Bharti Airtel Ltd. (Rs. 1788.90,-0.82%), NTPC Ltd. (Rs. 382.20,-0.59%), among others.

Auto index was at 54538.67 up by 661.88 points or by 1.23%. Apollo Tyres Ltd. (Rs. 413.95,+3.38%), Mahindra & Mahindra Ltd. (Rs. 3035.70,+2.86%), Bajaj Auto Ltd. (Rs. 9078.65,+2.24%), Hero MotoCorp Ltd. (Rs. 5277.05,+1.40%), Maruti Suzuki India Ltd. (Rs. 12753.30,+1.31%),.

Oil&Gas index was at 26247.6 down by -616.5 points or by -2.29%. Adani Total Gas Ltd. (Rs. 526.00,-6.72%), Indian Oil Corporation Ltd. (Rs. 149.20,-4.66%), Bharat Petroleum Corporation Ltd. (Rs. 304.95,-4.43%), Hindustan Petroleum Corporation Ltd. (Rs. 355.50,-3.65%), Oil India Ltd. (Rs. 460.40,-2.09%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4783 , shares advanced were 1581 while 3007 shares declined and 195 were unchanged.