Indian markets bounced back on Monday snapping earlier losses. Both Sensex and Nifty were trading above 1-month high. At 9.38 a.m, the Sensex was trading up 166.40 points or 0.47% at 35,324.95 with 22 components gaining. Meanwhile, the Nifty was trading higher by 50.45 points or 0.48% at 10,635.65 with 32 components gaining.

Biggest gainers in the 30-share index were Cipla (2.32%), Kotak Mahindra Bank (1.46%), Adani Ports and Special Economic Zone (1.22%), Infosys (1.14%), Oil & Natural Gas Corporation (0.99%), and Tata Steel (0.96%).

On the other hand, Tata Motors (1.15%), Power Grid Corporation Of India (0.65%), Hindustan Unilever (0.57%), Hero Motocorp (0.55%), State Bank Of India (0.19%), and Reliance Industries (0.17%) were the major losers in the Sensex.

Market breadth was positive with 912 advances against 493 declines.

Adani Ports and Special Economic Zone topped the value chart on the BSE with a turnover of Rs. 378.59 million. It was followed by Yes Bank (Rs. 123.51 million), Titan Company (Rs. 112.39 million) and Wockhardt (Rs. 105.64 million).

The volume chart was led by Infibeam Avenues with trades of over 1.46 million shares. It was followed by Adani Ports and Special Economic Zone (1.11 million), PC Jeweller (0.98 million) and Reliance Communications (0.97 million).