| Benchmark indices ended up over 1 per cent each. Sentiment was upbeat on reports on Friday that showed robust industrial output figures and abating inflation pressures, lifting the outlook for the economy. |
| Investors also took comfort from Uttar Pradesh election outcome, which is the first unambiguous verdict since 1991. Brokerage Citigroup expects the outcome to be positive for the ruling United Progressive Alliance. |
| The Bombay Stock Exchange's 30-share Sensex ended at 13965.86, up 169.70 points or 1.2 per cent from Friday. Intraday it moved between 13924.02 and 14026.02. |
| The National Stock Exchange's 50-share Nifty ended at 4134.30, up 57.65 points or 1.4 per cent. Intraday it moved between 4072.45 and 4151.30. |
| Turnover on both the exchanges was roughly Rs 12,600 crore compared with Rs 13,800 crore on Friday. |
| The CNX Midcap Index was up 1.6 per cent and the S&P CNX 500 Index ended up 1.4 per cent. |
| Key Asian markets ended up on Monday led by gains in Hong Kong market after the Chinese government allowed banks to invest outside the country for the first time ever. |
| Bank shares rose on higher-than-expected Jan-Mar earnings from State Bank of India on Saturday. |
| SBI rose 5 per cent to Rs 1,206 after it reported 75 per cent on year rise in Jan-Mar net profit at Rs 1,490 crore, beating expectations of Rs 1,040 crore. |
| Punjab National Bank was up 5 per cent at Rs 537 and ICICI Bank was up 2 per cent at Rs 869. |
| Shares of most sugar companies extended gains from the previous session. |
| Sugar mill owners in Uttar Pradesh, a key sugar producing area, are hoping the new government will ease their burden by holding off another increase in sugarcane support prices. |
| Renuka Sugars was up 8 per cent at Rs 569 and Bajaj Hindusthan ended up 4 per cent at Rs 176. |
| Airline companies' shares were up on reports the government was considering rationalising aviation turbine fuel prices. |
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