The Sensex ended the trade at 26785.55 higher by 564.60 points or by 2.15 per cent while the NSE Nifty at 8119.30, up by 168.40 points or 2.12 per cent.
On the global front, European counters were trading firm with CAC, DAX and FTSE trading with a gain. Asian markets ended the day on a positive note
Check top gainers and losers in BSE & NSE stock market today
Shares of Adani Ports rose on Monday after the company said that has inked a pact with Larsen & Toubro (L&T) to oversee operations of Kattupalli port in Tamil Nadu.
The stock ended the day at Rs 318, higher by 4.45 per cent on BSE. It touched an intraday high Rs 319 during the trade.
Shares of Tata Motors gained over 8 per cent today on robust sales data for September and reports that its Jaguar Land Rover unit's US sales surged, reports PTI.
The stock ended the day at Rs 315.15, higher by 6.09 per cent on BSE. It touched an intraday high Rs 322 during the trade.
Biocon company said that it has acquired the business assets of the pharmaceutical manufacturing unit of M/s. Acacia Lifesciences Private Limited located at Vishakapatnam on a going concern basis.
The stock ended the day at Rs 451, higher by 0.88 per cent on BSE. It touched an intraday high Rs 456 during the trade.
Shares of HDFC rose after the company said that it has raised capital worth Rs 5,384 crore through the issuance of warrants.
The stock ended the day at Rs 1253, higher by 4.73 per cent on BSE. It touched an intraday high Rs 1260 during the trade.
Educomp Solutions informed that M/s Educomp Intelliprop Ventures Pte Ltd, subsidiary of Educomp Solutions Limited, has sold its entire stake in Wiz Learn Technology Pte Ltd, Singapore to V-cube Global Services Pte. Ltd.
The stock ended the day at Rs 12.74, higher by 11.85 per cent on BSE. It touched an intraday high Rs 13.66 during the trade.
The bank's said that its Board of Directors has approved in principle subject to regulatory approvals the purchase of 49% stake in Union KBC Asset Management, and Union KBC Trustee Company Private Ltd from KBC Participations Renta.
The stock ended the day at Rs 182.35, higher by 4.83 per cent on BSE. It touched an intraday high Rs 182.85 during the trade.
Shares of Maruti Suzuki India slipped after the global investment bank downgraded the stock to "underperform" from "buy" and cut its target price to Rs 3,952.
The stock ended the day at Rs 4415, lower by 3.59 per cent on BSE. It touched an intraday low Rs 4389 during the trade.