Indian benchmark indices rebounded nearly 1% on Monday, snapping a three-day losing streak, supported by gains in Reliance Industries Limited and Sun Pharmaceutical Industries Ltd, along with positive global market cues.

Market sentiment strengthened following reports that Iran had reached out to the US with a proposal to reopen the Strait of Hormuz.

The 30-share benchmark index ended at 77303.63 up by 639.42 points or by 0.83 % and then NSE Nifty was at 24092.7 up by 194.75 points or by 0.81 %.

Sensex touched intraday high of 77420.04 and intraday low of 76754.2 The NSE Nifty touched intraday high of 24130.7 and intraday low of 23936.2

The top gainers of the BSE Sensex pack were Sun Pharmaceutical Industries Ltd. (Rs. 1733.80,+7.03%), Reliance Industries Ltd. (Rs. 1365.95,+2.88%), Adani Ports & Special Economic Zone Ltd. (Rs. 1629.10,+2.72%), Mahindra & Mahindra Ltd. (Rs. 1395.90,+2.64%), Mahindra & Mahindra Ltd. (Rs. 3102.60,+2.13%), among others.

The top losers of the BSE Sensex pack were Axis Bank Ltd. (Rs. 1324.50,-3.05%), Bharat Electronics Ltd. (Rs. 435.60,-2.00%), Trent Ltd. (Rs. 4262.60,-0.90%), ICICI Bank Ltd. (Rs. 1315.05,-0.85%), Eternal Ltd. (Rs. 255.60,-0.45%), among others.

HCS index was at 44677.37 up by 1060.45 points or by 2.43%. Cohance Lifesciences Ltd. (Rs. 432.70,+19.99%), Hester Biosciences Ltd. (Rs. 1670.00,+11.48%), Advanced Enzyme Technologies Ltd. (Rs. 332.40,+11.11%), Blue Jet Healthcare Ltd (Rs. 443.75,+9.99%), Supriya Lifescience Ltd. (Rs. 709.00,+9.72%),.

Bankex index was at 63383.36 down by 195.05 points or by 0.31%. Axis Bank Ltd. (Rs. 1324.50,-3.05%), Au Small Finance Bank Ltd. (Rs. 1043.45,-2.08%), ICICI Bank Ltd. (Rs. 1315.05,-0.85%), Union Bank of India (Rs. 176.10,-0.51%), Canara Bank (Rs. 140.50,-0.28%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4834 , shares advanced were 3238 while 1368 shares declined and 228 were unchanged.