Sensex jumps 558 points as auto, IT stocks surge

Equity indices finished higher on Tuesday with the benchmark BSE sensex rising over 550 points led by gains in auto and IT stocks amid positive global cues. The 30-share BSE sensex finished 558 points or 1.47 per cent higher at 38,493. While, the broader NSE Nifty surged 169 points or 1.52 per cent to close at 11,301.