BOMBAY -- Bombay stocks rose 1.08% Monday.

The BSE Sensex rose 120.53 points to close at 11,313.

Gainers were

Bajaj Auto

, up 5%,

Cipla

, up 3.7%, and

HDFC

, higher by 3.6%.

Among laggards were

Hero Honda

, which dropped 2.2%,

ICICI Bank

(IBN) - Get Report

, down 1.2%, and

Ranbaxy

, off 0.4%.

ONGC

rose 1.7% after it said its overseas investment arm acquired a 50% stake in

Omimex de Columbia

in partnership with China's biggest refiner

Sinopec

(SHI) - Get Report

.

This story was created through a joint venture between TheStreet.com and IRIS.