Bombay stocks surged Monday, as metal stocks heated up.

The BSE Sensex rose 128 points to settle at 11,079 after earlier reaching as high as 11,101.

The top gainer on the BSE Sensex was Hindustan Lever, which rose 5.1%. Tata Steel moved up 5%, Hindalco rose 3.1% and ACC added 3%.

Software firm Rolta India rose 6.7% after it posted a 34% rise in 2005 after-tax profit.

ITC rose 4% on reports that the company is planning to acquire a denim brand that could make a neat fit in its retailing division.

Cadila Healthcare, flagship of Zydus Cadila Group, gained 3.6% on the news that the company has filed another investigational new drug application for the new molecular entity ZYH2 with the Drug Controller General of India.

The laggards on the BSE Sensex included Wipro ( WIT), which was down by 2.2%. Bajaj Auto and Tata Motors each slipped 0.7%, while Ranbaxy slid 0.6% and Infosys ( INFY) lost 0.5%.

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

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