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Market Highlights: Sensex ends 403 factors increased, Nifty settles above 16,600-mark

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Share/Stock Market Highlights: The benchmark fairness indices on the BSE and National Stock Exchange (NSE) ended round 0.75 per cent increased on Tuesday led by good points in metals, banking and monetary shares.
The S&P BSE Sensex rose 403.19 factors (0.73 per cent) to finish at 55,958.98 whereas the Nifty 50 settled at 16,624.60, up 128.15 factors (0.78 per cent).
The good points on the Sensex had been led by the shares of Bajaj twins – Bajaj Finserv, and Bajaj Finance, together with Tech Mahindra, Tata Steel, HDFC Bank and State Bank of India (SBI).
Among the sectoral indices on the NSE, the Nifty Metal index rose 2.90 per cent on Tuesday led by good points in National Aluminium Company, NMDC and Welspun Corp. The Bank Nifty too rose 1.67 per cent aided by IDFC First Bank and AU Small Finance Bank. The Nifty Financial Services index climbed 1.39 per cent led by Bajaj Finserv, Mahindra & Mahindra Financial Services and Cholamandalam Investment and Finance Company.
In the broader market, the S&P BSE MidCap index was buying and selling at 22,809.53, up 334.23 factors (1.49 per cent), whereas the S&P BSE SmallCap was at 25,783.63, up 425.61 factors (1.68 per cent).
In the broader market, the S&P BSE MidCap index rose 341.05 factors (1.52 per cent) to finish at 22,816.35, whereas the S&P BSE SmallCap ended at 25,786.96, up 428.94 factors (1.69 per cent). The volatility index or India VIX fell 3.63 per cent to 13.1875.
Apart from this, two new IPOs made their debut in at the moment’s commerce – Aptus Value Housing Finance India and Chemplast Sanmar. While Aptus Value Housing Finance made a weak itemizing on the inventory exchanges at 6.5 per cent decrease than its problem value, Chemplast Sanmar had a blended itemizing at the moment.
(with inputs from companies)