Sensex, Nifty Close Higher For Third Straight Day; Sun Pharma Shares Jump

The BSE Sensex and NSE Nifty closed higher on Monday, rising for the third session in a row. Gains across banking, energy, pharma and metal stocks pushed the indices higher. National Stock Exchange benchmark index Nifty rose 83 points to close at 10,688 while the BSE Sensex settled at 35,165, up .48 240 points. Thirty five stocks on the 50-scrip Nifty index finished in the positive zone. Top gainers on the Nifty were Sun Pharma, HPCL, BPCL, GAIL India and Lupin, closing with gains of between 5 per cent and 6.6 per cent.