Sensex on Monday jumped 466 points tracking gains in banking and auto sector amid signs of economic recovery and global cues. 

After touching the intra-day high of 36,661.66 and the day's low of 36,254.02, the 30-share BSE index settled 465.86 points, or 1.29%, higher at 36,487.28.

Similarly, NSE Nifty rose 156.30 points, or 1.47%, to end at 10,763.65.

M&M was the top gainer in the Sensex pack, rallying over 7%, followed by Bajaj Finance, Maruti, TCS and HDFC Bank. Bajaj Auto, HDFCBharti Airtel, Hindustan Unilever and HCL Tech were among the laggards. 

Experts said stock-specific action and signs of easing border tension between India and China led to positive sentiment among investors. 

Massive buying momentum in global equities on hopes of a COVID-19 vaccine and improving global macroeconomic conditions also boosted investor sentiment. 

Asian markets were in the positive zone as most economies reported better-than-expected near-term normalcy in a rebound of economic activity.

Investors counted on cheap liquidity and fiscal stimulus to sustain the global economic recovery even as surging coronavirus cases delayed re-openings across the United States.Japan`s Nikkei managed a rise of 1.8% while Hong Kong`s Hang Seng climbed up by 3.8% and Shanghai Composite by 5.7%