Mumbai, Oct. 5 -- The Indian equity markets rebounded on Monday with Sensex gaining over 400 points and Nifty hovering over 22,500. Both indices opened with a gap-up, snapping the 8-day losing streak, with Nifty PSU Bank emerging as a major gainer during the early morning trade.

Sensex opened at 72,340.95 and was trading at around 72,362.54, up 452.84 points or 0.63 per cent against the previous close of 71,909.70. Likewise, Nifty opened at 22,532.40 and was trading at around 22,543.05, up 121.10 points or 0.54 per cent against the previous close of 22,421.95.

All broad market indices traded in the green. Amongst the sectoral indices, Nifty PSU Bank emerged as the top gainer, surging 1.79 per cent, followed by chemicals, realty, metal, ...