Indian markets staged a bounce-back on Monday, starting the new month on a positive note. Strong global cues with US yields retreating from highs and launch of the second phase of covid vaccination in India uplifted sentiment. The BSE Sensex ended at 49,849.84, up 749.85 points or 1.53%. The Nifty closed at 14,761.55, up 232.40 points or 1.60%