Indian markets end Monday up as ONGC reports gas find and banks get Moody's rating

India's Nifty 50 and BSE Sensex closed higher on Monday. ONGC announced a gas discovery in the Mahanadi Offshore Basin, a development that drew investor interest. Canara Bank received a rating from Moody's, adding to the day's corporate news. Lloyds Metals and Energy approved a capacity expansion plan, signalling growth in its metal operations. Suryoday Small Finance Bank said it will raise fresh funds, a move aimed at strengthening its balance sheet. Shares of ONGC, Lloyds Metals and Energy, Canara Bank, Suryoday Small Finance Bank, Pine Labs and Garden Reach Shipbuilders and Engineers are expected to stay in focus on Tuesday after these announcements. The market uplift came despite no specific point figures being disclosed for the indices. Traders will watch how the gas find and the rating affect sector performance in the coming sessions.