India’s BSE Sensex closed about 0.8% firmer at 77,604 on Monday, halting a three-day losing streak, driven by bargain buying and global positive sentiment, despite higher oil prices. The market was buoyed by gains in sectors such as pharmaceuticals, information technology, automobiles and banking. Sun Pharma was the top performer, surging as much as 7%, after the company announced a major acquisition of US-listed Organon in an all-cash deal that values the US company at $11.75 billion. Other notable gainers included Reliance (2.9%), Adani Ports (2.7%), Tech Mahindra (2.6%), M&M (2.1%), NTPC (2.1%), HCLTech (2.1%) and TCS (2.1%). Conversely, Axis Bank declined 3.1% after the lender reported a marginal drop in Q4 profit.