Mumbai, New Delhi- Indian equities made steady gains with the Sensex going up by 2.7 per cent in trade on Monday.

The 30-share benchmark index of the Bombay Stock Exchange opened at 15,390.15 points and notched up a high of 15,851.88 before closing at 15,757.08 points. This represented a gain of 413.96 points or about 2.70 per cent.

Market analysts said the gains were on heavy buying in fundamentally strong shares in an array of sectors such as metals, bank, oil and gas and IT sectors.

The broader 50-share Nifty of the National Stock Exchange (NSE) which opened at 4,631.35 gained 2.46 per cent to close at 4761.20 points. (dpa)