Sensex stages smart rebound, gains 113 pts; Nifty tops 10,900; RIL up 4%

The benchmark BSE Sensex Monday recovered from the day's low to end 113 points higher, led by gains in RIL and heavy buying by foreign investors ahead of the RBI's monetary policy review. After gyrating nearly 400 points between the day's low of 36,225.48 and an intraday high of 36,622.77, the 30-share index ended 113.31 points, or 0.31 per cent, higher at 36,582.74. The NSE Nifty also edged higher by 18.60 points, or 0.17 per cent, to close at 10,912.25.