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BOMBAY -- Bombay stocks rose 0.51% Monday, as the BSE Sensex tacked on 61.71 points to close at 12,071.30.

Gainers Monday were

Reliance Communications

, up 2.88%,


, up 2.87%, and


, up 2.70%.

Among decliners were

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Tata Steel

, which dropped 1.24%,

Tata Motors

(TTM) - Get Tata Motors Ltd. Report

, down 1.22%, and


, off 0.82%.

Biocon rose 2.87% on the news that it launched a therapeutic monoclonal antibody-based drug for treating solid tumors of epithelial origin, such as head and neck cancers.

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