Sensex reclaimed the 60,000 level by rallying 831 points or 1.4% to close at 60,138 on Mondau.
IndusInd Bank stole the show in the Sensex pack, surging more than 7%, followed by Bharti Airtel, HCL Tech, Tata Steel, Tech Mahindra, Dr Reddy’s and SBI.
If the hurdle of 18200 gets broken decisively on the upside, then the present negative chart pattern could be nullified and the market could continue with further upside,” said Nagaraj Shetti, Technical Research Analyst, HDFC Securities.