ntpd not syncing system clock after receiving offset successfully - redhat 7

gistfile1.txt

ntpq> peers
     remote           refid      st t when poll reach   delay   offset  jitter
==============================================================================
 lit-ad02-p010.c .LOCL.           1 u    1   64    1    0.554  56840.0   3.087
 lit-ad02-p011.c 10.236.192.100   2 u    2   64    1    0.572  56840.3   0.000
ntpq> as

ind assid status  conf reach auth condition  last_event cnt
===========================================================
  1  2651  9024   yes   yes  none    reject   reachable  2
  2  2652  9024   yes   yes  none    reject   reachable  2
ntpq> rv 2651
associd=2651 status=9024 conf, reach, sel_reject, 2 events, reachable,
srcadr=lit-ad02-p010.cloud.opentext.com, srcport=123,
dstadr=10.236.28.155, dstport=123, leap=00, stratum=1, precision=-6,
rootdelay=0.000, rootdisp=10288.757, refid=LOCL,
reftime=df8a92a8.2d60a98e  Mon, Nov  5 2018  9:58:00.177,
rec=df8aeea0.af872322  Mon, Nov  5 2018 16:30:24.685, reach=003,
unreach=0, hmode=3, pmode=4, hpoll=6, ppoll=6, headway=300,
flash=400 peer_dist, keyid=0, offset=56835.990, delay=0.779,
dispersion=78.452, jitter=8.166, xleave=0.045,
filtdelay=     0.78    0.43    0.44    0.42    0.33    0.55    0.69    0.00,
filtoffset= 56835.9 56842.9 56846.1 56849.3 56836.9 56840.1 56843.1    0.00,
filtdisp=     15.63   16.51   16.54   16.57   16.60   16.63   16.66 16000.0