Sensex rises over 500 points on pharma boost, Nifty above 17,600
Indian shares rose on Monday, as pharma stocks led a broad-based advance and the country’s top energy generator NTPC rose on reports of an initial public offering for three of its units. The NSE Nifty 50 index rose 0.51% to 17,618.20, while the S&P BSE Sensex was up 0.56% at 59,083.03 by 9:30 am.…