"nifty"

Tata Steel topped the Sensex gainers chart with a jump of 5.38 per cent, followed by HDFC Bank, PowerGrid, Ultratech Cement, Kotak Bank, Axis Bank and ONGC

On the Sensex chart, IndusInd Bank, Tata Steel, Infosys, ONGC, Kotak Bank, NTPC and Bharti Airtel were among prominent gainers.

Tech Mahindra was the top loser in the Sensex pack, shedding around 2 per cent, followed by HCL Tech, TCS, ICICI Bank, Bajaj Finance and ITC.

Exchange data showed that foreign institutional investors bought equities worth Rs 615.17 crore on a net basis on Monday.

"Going ahead, market is expected to remain positive but with sector/stock specific action. Investors would now track earnings season and watch out for management commentaries."