BSE Sensex gains; Tata Motors rebounds

Reuters Market Eye - The BSE Sensex gains 0.43 percent, while the 50-share Nifty advances 0.46 percent.

Tata Motors gains 3.5 percent and UltraTech Cement Ltd advances 3.6 percent after briefly plunging as much as 10 percent each on Friday, because of a technology trading glitch from brokerage Religare Capital Markets.

Oil refiners gain on expectations they will announce a diesel price hike as early as this week after the government last month allowed companies to raise prices.

Hindustan Petroleum Corp Ltd , Indian Oil Corp and Bharat Petroleum Corp Ltd shares gain over 0.7 percent each.

(Reporting by Manoj Dharra)