Sensex jumped 410 points, Nifty50 retracted 24,700 led by finance, automobile, metal stocks; everyone stared at the GST Council

Shared market closing bell: Domestic stock benchmarks led Wednesday with earnings from financial, automotive and metal stocks, although stock losses played by disruptors that could control the upside. Both title indexes scored half a percentage point on the day, and Sensex rose 409.8 points 80,567.7 and Nifty50 settle 24,715.1, up 135.5 points from previous closures.

investor Tax-related announcements were urgent at the ongoing 56th session of the GST Committee. The rate panel chaired by the Finance Minister conducted a two-day review on Wednesday and Thursday.

Nifty Bank’s 12 voters, including stocks such as SBI and HDFC Bank, received 406.6 points, or 0.8%, to close at 54,067.6. In Nifty50, the maximum weight of financial services stocks enjoyed nearly 38%.