Stocks Gain in Early Deals as Oil Prices Decline, Global Markets Cheer

Mumbai: Benchmark equity indices Sensex and Nifty rebounded in early trade on Monday, buoyed by a decline in crude oil prices, supportive global market trends, and sustained buying in heavyweight stocks.

Fresh foreign fund inflows and gains in blue-chip counters such as Reliance Industries and HDFC Bank further lifted investor sentiment, helping domestic markets recover after recent volatility.

The 30-share BSE Sensex climbed 407.12 points, or 0.53 per cent, to 77,210.02 in early trade. The broader NSE Nifty advanced 114.75 points, or 0.48 per cent, to 24,129.95.