Market Live Updates: Sensex up nearly 600 points, Nifty trades above 16,750-mark; IT banks, financials gain

Share/Stock Market Live Updates: The benchmark equity indices on BSE and National Stock Exchange (NSE) extended their morning gains and were trading around 1 per cent higher in the afternoon deals on Monday led by banking, financials and IT stocks.

At 1:24 pm, the S&P BSE Sensex was trading at 56,145.98, up 595.68 points (1.07 per cent) while the Nifty 50 was at 16,768.70, up 138.25 points (0.83 per cent).

On the Sensex pack, gains were being led by Infosys, HDFC Bank, SBI, ICICI Bank, Axis Bank and Wipro. On the other hand, HUL, Tata Steel, Bajaj Finance, Sun Pharma, NTPC and Power Grid were the laggards in teh afternoon deals.

(with inputs from agencies)

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