Mumbai: Equity benchmark Sensex rallied over 350 points in early trade on Monday.
The 30-share BSE index was trading 249.49 points higher at 49,455.96 in initial deals.
Similarly, the broader NSE Nifty surged 81.55 points to 14,904.70.
Dr Reddy’s was the top gainer in the Sensex pack followed by ONGC, HDFC, IndusInd Bank, ICICI Bank, Sun Pharma and Kotak Bank.
On the other hand, UltraTech Cement, Bajaj Finance, Nestle India and Infosys were among the laggards.