Indian benchmark indices ended higher on Monday, lifted by positive global cues and supportive domestic monetary policy actions.

The sentiment was buoyed by the Reserve Bank of India's larger-than-expected 50 basis points repo rate cut to 5.50%.

At close, the Sensex rose 256.22 points, or 0.3%, to close at 82,445.21, while the Nifty 50 gained 100.15 points, or 0.4%, to end at 25,103.20.

In economic news, a Reuters poll showed May's consumer price inflation has likely eased to 3%, marking its lowest level since April 2019. The softer inflation print supports the central bank's recent rate cuts and can mark the conclusion of the current monetary easing cycle.

In corporate news, shares of Poonawalla Fincorp (NSE:POONAWALLA, BOM:524000) gained over 2% on close after it received board approval to raise up to 5 billion Indian rupees through the issue of non-convertible debentures on a private placement basis.

Shares of Larsen & Toubro (NSE:LT, BOM:500510) gained marginally on today's close after its heavy civil infrastructure unit bagged a "significant" order from JSW Energy (NSE:JSWENERGY, BOM:533148).