The S&P BSE Sensex rallied nearly 200 points to reclaim Mount 35K on Monday while the Nifty50 climbed 10,700 levels for the first time since February 2nd. On a monthly basis, Nifty50 rose 6.2 percent and Sensex rallied 6.6 percent in the month of April. The index corrected 8 percent in the last two months.

The market will remain closed on Tuesday, 1 May, on account of Maharashtra Day.

Coming back to markets, it was a busy day on D-Street. Investors reacted to Reliance Industries numbers and more than 30 companies were lined up to declare their results for March quarter. The banking sector was abuzz thanks to the healthy performance from Kotak Mahindra Bank and mortgage lender, HDFC Ltd.

The S&P BSE Sensex finally closed 190 points higher or 0.55 percent at 35,160 on Monday. The Nifty50 closed 47 points higher at 10,739\.

On the sectoral front, the S&P BSE Realty index rose 1.5 percent, followed by the S&P BSE Capital Goods index which gained 1.48 percent, and the S&P BSE IT index was up 1.4 percent.

On the other hand, S&P BSE Energy index closed 2 percent lower, followed by the S&P BSE oil & gas index which was down 1.4 percent, and the S&P BSE telecom index which fell by 0.35 percent.

The S&P BSE Mid-cap index rose 0.5 percent, and the S&P BSE Small cap index gained 0.89 percent.

Top Sensex gainers: Yes Bank (up 3.9 percent), HUL (up 2.3 percent), TCS (up 2.2 percent), Kotak Mahindra Bank (up 1.8 percent), and L&T (up 1.7 percent).

Top Sensex losers: RIL (down 3.1 percent), ICICI bank (down 1.2 percent), Coal India (down 0.6 percent), and ONGC (down 0.14 percent).