Market Live: Sensex rebounds 200 pts, Nifty above 10,500; SBI falls 4%, BOB up 4%
Benchmark indices as well as broader markets opened the truncated week sharply higher on Monday, driven by bargain hunting after sell-off last week.
The 30-share BSE Sensex was up 212.02 points at 34,217.78 and the 50-share NSE Nifty gained 69.10 points at 10,524.10.
About five shares advanced for every share falling on the BSE.
Nifty Midcap index was up over a percent.
NALCO, Oil India, Bata India, Sun TV Network, Marico and Amara Raja Batteries rallied 3-7 percent.
Manappuram Finance, Ashok Leyland, Cadila Healthcare and Capacite Infraprojects gained 2-5 percent. Suzlong Energy fell 3 percent.