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.   

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.