Stock Market Closing News— Nifty ends above 7850; Tata Steel, Tata Power lead gainers

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Stock Market Closing News:

The market rebounded on Monday after a big fall in Friday's session. The Sensex climbed 86.69 points to 26384.07 and the Nifty rose 24.30 points to 7884.25.

About 1459 shares have advanced, 1466 shares declined, and 111 shares are unchanged.

Tata Power, Tata Steel, Coal India, Axis Bank, TCS, NMDC and PNB topped the buying list, up 1.5-3 percent while M&M, Cipla, Sun Pharma, Dr Reddy's Labs, BHEL and DLF were top losers, down 1-4 percent.

Among midcaps, Sintex Industries, Page Industries, Federal Bank, MTNL, Voltas, Mother son Sumi, OBC, Den Networks, SAIL, Jain Irrigation, LIC Housing and Union Bank rallied 3-20 percent.

However, Unitech, Marksans Pharma, Rico Auto, HDIL, Snowman Logistics, Tata Global, Amtek Auto and Godrej Consumer fell 1.5-4 percent.