Among the frontline blue-chips, Reliance Industries spearheaded the rally followed by HDFC, TCS, Tata Motors, HDFC Bank, Bharti Airtel, ITC, Infoys and Wipro. As many as 25 Sensex constituents ended in the green while five ended down.

The NSE 50-share Nifty firmed up by 83.65 points, or 1.09 percent, to finish at 7,767.85.

Foreign Portfolio Investors (FPIs) bought shares worth a net 161.17 crore on Monday as per provisional data.

Asian stocks ended higher as investors shrugged off international tension after the downing of passenger jet in Ukraine last week and fighting between Israel and Palestine in Gaza Strip. Key benchmark indices in Hong Kong, South Korea, China, Japan, Singapore and Taiwan were up 0.19-1.69 per cent.

European stocks were also trading higher amid signs that tension over Ukraine’s crisis is easing. Key benchmark indices in France, Germany and the UK moved up by 0.73-0.84 percent range.

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