Sensex gains 478pts, Nifty 152pts, ends atop 18,000; IndusInd Bk slips 10%

The broader markets also logged decent gains. The BSE Midcap and Smallcap indices jumped 1.3 per cent and 0.9 per cent, respectively.

The key benchmark indices logged smart gains on Monday led by consistent buying in select financial and IT shares. The BSE benchmark index, the Sensex, after gyrating between zones rallied to a high of 60,609 and finally ended 478 points higher at 60,546.

The NSE Nifty moved in a range of 252 points, the index from a low of 17,836 surged to a high of 18,088 before settling with a gain of 152 points at 18,069.

Titan and Bajaj Finserv rallied over 4 per cent each and were the major gainers among the Sensex 30 stocks. UltraTech Cement