Sensex spurts over 400 points to trade at 61K level; Nifty rises 118 points

Sensex spurts over 400 points to trade at 61K level; Nifty rises 118 points

Equity benchmark BSE Sensex rose by 412 points to trade above the 61,000 level while NSE Nifty advanced 118 points in morning trade on Monday on the back of gains in IT, banking and FMCG shares after positive quarterly earnings.

The 30-share BSE barometer spurted by 412.73 points or 0.68 per cent to 61,034.50 as 25 of its constituents traded in the green. The index opened at 60,876.01 against the previous close of 60,621.77.