Sensex ends choppy day 170 pts up, Nifty at 17,650; IT stocks lead gains

CLOSING BELL: Following a sharp selloff over the last two days, equity markets were in a tight grip of volatility on Monday with benchmark indices managing to eke out nominal gains by close. The BSE Sensex oscillated 945 points between gains and losses during the day. It touched an intra-day low of 58,699 to eventually recover and close 170 points higher at 59,500. The NSE Nifty also rose 243 points from its day's low to end at 17,649, up 45 points.