Reliance and Maruti aided Nifty recovery; India VIX drifted below 16 mark!
Reliance and Maruti aided Nifty recovery; India VIX drifted below 16 mark!

Reliance and Maruti aided Nifty recovery; India VIX drifted below 16 mark!

Interestingly, India VIX (which gauges market volatility) has drifted below the level of 16

Karan Dsij Article rating: 4.2

Talking about the sectoral indices, the majority of the sectors ended in red with Nifty Metal and Pharma losing over a per cent each. On the other hand, Nifty Auto and Energy jumped 1.63 per cent & 1.39 per cent, respectively.   

Nifty closes above 16,600; Sun Pharma, SBI and Asian Paints emerge as top gainers
Nifty closes above 16,600; Sun Pharma, SBI and Asian Paints emerge as top gainers

Nifty closes above 16,600; Sun Pharma, SBI and Asian Paints emerge as top gainers

While nearly all the sectoral indices closed in green, pharma, media, financials, and IT showed stellar performances to support the market.

Rohit Kale Article rating: 5.0

Indices roared on Wednesday as strong buying at lower levels lifted market sentiment. Nifty surged 0.96 per cent to close above the 16,600 level while Sensex jumped about 550 points.

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