Equity Benchmarks Rebounded In Opening On Monday

Equity benchmarks rebounded in opening on Monday after losing 3.5 percent in previous week, backed by short covering in most beaten stocks.

The 30-share BSE Sensex was up 182.89 points at 31,396.48 and the 50-share NSE Nifty gained 58.15 points at 9,768.95.

Dr Reddy's Labs, Sun Pharma, Bank of Baroda, BPCL, Infosys and Bharti Airtel were only losers among Nifty stocks.

Nifty Midcap was up 1.5 percent on strong market breadth. About five shares advanced for every share falling on the NSE.

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