Market Highlights: Sensex rises 497 factors, Nifty settles at 16,771; IT, metals acquire

Share/Stock Highlights: The topline fairness indices on the BSE and National Stock Exchange (NSE) bounced again from a two-day dropping streak and ended almost 1 per cent increased on Tuesday led by features in info know-how (IT) and steel shares amid optimistic cues within the world market.
The S&P BSE Sensex climbed 497.00 factors (0.89 per cent) to settle at 56,319.01, whereas the broader Nifty 50 ended at 16,770.85, up 156.65 factors (0.94 per cent). Earlier within the day, each the indices had opened round 1 per cent increased and prolonged their features rising almost 2 per cent.
On the Sensex pack, HCL Technologies was the highest gainer of the day adopted by Wipro, Tata Steel, Tech Mahindra, Ultratech Cement and Titan Company. On the opposite hand, Power Grid Corporation of India, Axis Bank, Bajaj Finance, State Bank of India, Mahindra & Mahindra (M&M) and Kotak Mahindra Bank had been among the many high laggards.
Among particular person shares, digital mapping firm C.E. Info Systems (MapmyIndia) obtained listed at a premium of 53 per cent from their subject value within the inventory exchanges. It ended 35 per cent increased on the BSE.
(with inputs from businesses)