Indices snap 3-day losing run amid firm global cues; Sensex up 326 pts

The market breadth was in favour of the bulls, with 24 of the 30 Sensex counters logging gains

Equity indices found their feet on Monday after a three-session losing streak as investors snapped up banking, fast-moving consumer goods (FMCG), and information technology (IT) stocks amid a positive trend overseas. However, a lacklustre rupee and unabated foreign fund outflows capped gains.

Overcoming a choppy start, the 30-share BSE Sensex gained momentum as the session progressed to close 326.84 points, or 0.62 per cent, higher at 53,234.77.

Similarly, the broader NSE Nifty rose 83.3 points, or 0.53 per cent, to 15,835.35.

Hindustan Unilever topped the Sensex gainers chart with a leap of 4.03 per cent, followed by IndusInd Bank, ITC, ICICI Bank, PowerGrid,