Share/Stock Market Highlights: The benchmark equity indices on the BSE and National Stock Exchange (NSE) ended around 0.75 per cent higher on Tuesday led by gains in metals, banking and financial stocks.
The S&P BSE Sensex rose 403.19 points (0.73 per cent) to end at 55,958.98 while the Nifty 50 settled at 16,624.60, up 128.15 points (0.78 per cent).
The gains on the Sensex were led by the shares of Bajaj twins – Bajaj Finserv, and Bajaj Finance, along 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 gains 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 trading at 22,809.53, up 334.23 points (1.49 per cent), while the S&P BSE SmallCap was at 25,783.63, up 425.61 points (1.68 per cent).
In the broader market, the S&P BSE MidCap index rose 341.05 points (1.52 per cent) to end at 22,816.35, while the S&P BSE SmallCap ended at 25,786.96, up 428.94 points (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 today’s trade – Aptus Value Housing Finance India and Chemplast Sanmar. While Aptus Value Housing Finance made a weak listing on the stock exchanges at 6.5 per cent lower than its issue price, Chemplast Sanmar had a mixed listing today.
(with inputs from agencies)