Indian equities ended higher on Monday snapping earlier losses. At the close, the benchmark 30-share index, BSE Sensex gained 255.17 or 0.82% at 31,311.57 with 19 components registering rise. Meanwhile, the broad based NSE Nifty climbed by 69.50 or 0.72% at 9,657.55 with 31 components registering rise.

Major gainers in the 30-share index were Tata Steel (3.43%), Adani Ports and Special Economic Zone (3.05%), Axis Bank (1.94%), Larsen & Toubro (1.59%), Reliance Industries (1.53%), and Tata Consultancy Services (1.44%).

On the other hand, Infosys (1.17%), Sun Pharmaceutical Industries (0.77%), Dr Reddy'S Laboratories (0.76%), Coal India (0.59%), Oil & Natural Gas Corporation (0.48%), and Tata Motors (0.33%) were the biggest losers in the Sensex.

Market breadth was negative with 1,150 advances against 1,431 declines.

Reliance Industries topped the value chart on the BSE with a turnover of Rs. 629.47 million. It was followed by Tata Elxsi (Rs. 468.91 million), Tata Steel (Rs. 460.88 million) and MEP Infrastructure Developers (Rs. 458.79 million).

The volume chart was led by Jaiprakash Associates with trades of over 6.45 million shares. It was followed by MEP Infrastructure Developers (4.43 million), Amtek Auto (3.22 million) and Suzlon Energy (2.66 million).