Sensex climbs 497 points; tech, metal stocks rally on value buying

Updated:4 years, 6 months ago

New Delhi, Dec 21 (ANI): The Indian equities markets key indices gained smartly on Tuesday, a day after massive selloffs. The benchmark Sensex closed 497 points higher while Nifty gained around one per cent. The relief rally was led by technology and metal stocks. Tech giants HCL Technologies and Wipro surged around 4 per cent. Tata Steel, which had slumped around 5 per cent on Monday, rebounded smartly gaining around 3 per cent. The 30 stock S&P Sensex of the Bombay Stock Exchange, which had lost 2,079 points in the previous two sessions, closed at 56,319.01 points, 0.89 per cent or 497 points higher than its previous day close at 55,822.01 points. The Sensex witnessed volatile trading with positive bias. The benchmark Sensex opened on a strong positive note at 56,320.02 points and rallied to a high of 56,900.74 points in the intra-day.

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