Market closed with gains amid volatility: IT stocks rose, auto, metal slipped.

Market closed with gains amid volatility: IT stocks rose, auto, metal slipped.

On Monday, the first trading day of the week closed with gains amid market volatility. IT stocks were the top gainers. Sensex closed at 55555.79 with a gain of 226.47 points. At the same time, Nifty closed at 16,496.45 with a gain of 45.95 points. However, selling dominated the market. The rise of IT stocks kept the market in check but there was a selloff in the rest of the sector.