Sensex Jumps 447 Points On Fag-end Buying; Nifty Tops 14,900

(RTTNews) - Indian shares shrugged off mixed global cues to end notably higher on Tuesday, with IT and auto stocks leading the surge.

The benchmark S&P BSE Sensex jumped 447.05 points, or 0.90 percent, to 50,296.89, extending gains for the second straight session. The broader NSE Nifty index ended up 157.55 points, or 1.07 percent, at 14,919.10.

Encouraging auto sales figures for February helped lift automakers, with Hero MotoCorp, Mahindra & Mahindra and Tata Motors rallying 4-5 percent.

Adani Ports and Special Economic Zone surged 4.1 percent on news it will develop the West Container Terminal (WCT) at Colombo Port.

HCL Technologies, Infosys, TCS, Tech Mahindra and Wipro climbed 2-4 percent.