Stocks rise for 3rd day; Sensex closes above 60,000, Nifty scales 17,900

Gains in global equity markets also propped up the local equities

The benchmark BSE Sensex rose about 322 points to close above the 60,000 level on Monday, tracking gains in banking, IT and energy stocks amid positive global equities.

Rising for a third straight day, the 30-share barometer closed higher by 321.99 points or 0.54 per cent at a three-week high of 60,115.13.

As many as 21 of the index constituents closed in the green. After a strong opening, the index touched a day’s high of 60,284.55 and a low of 59,912.29. The broader NSE Nifty spurted by 103 points or 0.58 per cent to settle at 17,936.35 points, with 36 of its