Indices end three-day losing streak as metal, IT stocks see big gains

Only five counters closed with losses -Nestle India, Bharti Airtel, PowerGrid, HDFC Bank and Kotak Mahindra Bank, slipping up to 0.76%

Equity indices staged a pullback on Tuesday after three days of declines as investors scooped up IT, metal and consumption stocks amid a largely positive trend overseas.

A recovery in the rupee added to the momentum, traders said.

Overcoming a wobbly start, the 30-share BSE Sensex climbed 274.12 points or 0.45 per cent to settle at 61,418.96. 

On similar lines, the broader NSE Nifty gained 84.25 points or 0.46 per cent to 18,244.20.

IndusInd Bank topped the Sensex gainers' chart with a jump of 2.64 per cent, followed by NTPC, UltraTech Cement, Titan, Infosys, TCS, Larsen & Toubro and Tata Steel.

Only five counters closed