All's well that ends well!

Indian stocks rose for the third day in a row on Monday as traders ramped up heavyweight Reliance Industries Ltd. after stellar jump in its second quarter earnings. Realty, Pharma, Infrastructure and Telecom stocks were in demand on the exchanges.

The Nifty rose 37 points to end the day at 8,275 after a tepid start of trade. Reliance Industries, Bharti Airtel, Dr. Reddy's, Hindustan Unilever and HCL Tech were the top five gainers on the index while ONGC, Adani Ports, UltraTech, Tata Motors and Tata Steel slipped in trade on the Nifty whose Advance-Decline Ratio stood at 24/26.

Reliance Industries, Jet Airways and HCL Tech were the top three traded counters on the NSE.

Broader markets were firm with the CNX 100, CNX 200 and the CNX 500 benchmarks rising nearly 0.5 percent each. Gains were higher on the Mid Cap and the Small Cap benchmarks. The trend was mixed on the sectoral indices space with smart gains seen on the CNX Energy and CNX Realty indices. Strong uptrends were also visible on the CNX Pharma and the CNX Media space.

Sentiment was strong on the Bombay Stock Exchange as well with the Sensex gaining 150 points, or 0.6 percent, to 27,365 points. Cipla, TCS, Hero Motor and Sun Pharma were among the top gainers while ONGC, ICICI Bank, Wipro and State Bank slipped on the Sensex where the Advance-Decline Ratio stood at 16/14.

Reliance Industries, Tata Motors and Maruti were the top traded counters on the Index.

The bulls were in control of the wider market as well with 1,569 stocks gaining ground compared with 1,154 that fell below their Friday's close.

The trend was strong in the derivatives space with futures of mid caps such as IFCI, Amtek Auto and IB Real Estate surging sharply. Profit booking was seen on LIC Housing Finance, Adani Enterprises and Crompton Greaves Futures. Overall, 77 futures fell compared with 85 that rose.

Thangamyil Jewellery, Heritage Foods, Dalmia Bharat and Kitex Garments made it to the top volume buzzers list.

(Image credits: Indiatimes)