The S&P BSE Healthcare index, the S&P BSE Realty index and the S&P BSE Capital Goods index were the major gainers among the sectoral indices.
Key benchmark indices were trading on a strong note. The barometer index, the S&P BSE Sensex, was up 790.51 points or 2.37% at 34,139.82.
Among the sectoral indices on BSE, the S&P BSE Healthcare index (up 4.21%), the S&P BSE Realty index (up 3.71%), the S&P BSE Captal Goods (up 3.55%), the S&P BSE Bankex index (up 3.47%), the S&P BSE IT index (up 2.88%), the S&P BSE Metal index (up 2.74%), the S&P BSE Consumer Durables index (up 2.71%), the S&P BSE TECK index (up 2.58%), the S&P BSE Oil & Gas index (up 2.47%), the S&P BSE Power index (up 2.23%), the S&P BSE Auto index (up 1.72%) and the S&P BSE FMCG index (up 0.98%) edged higher.
Overseas, most stocks in Europe were trading higher on Monday as investors tracked a number of political events and waited for further earnings reports.
Asia markets declined on Monday. Investors will likely follow the latest geopolitical developments around the world.
US stocks closed lower Friday with the S&P 500 and the Dow Jones Industrial Average turning red for the year in the wake of disappointing results from a handful of mega-cap companies.
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