Sensex fell 537.22 points or 0.94% to 56,819.39 and Nifty was down by 162.40 points or 0.94% to 17,038.40 in the previous session.
Sensex touched a high and low of 57,079.03 and 56,584.04, respectively. There were 6 stocks advancing against 24 stocks declining on the index.
Nifty traded in a range of 17,110.70 and 16,958.45. There were 10 stocks advancing against 39 stocks declining, and one stock remain unchanged on the index.
The top gainers on the Sensex were Tata Steel up by 1.05%, Asian Paints up by 0.72%, TCS up by 0.47%, HCL Technologies up by 0.17% and Reliance Industries up by 0.08%.
On the flip side, Bajaj Finance was down by 7.24%, Bajaj Finserv down by 3.88%, ICICI Bank down by 2.21%, Titan Company down by 2.19% and Dr Reddy’s Lab down by 1.94% were the top losers.
The top gainers on Nifty were Hero MotoCorp up by 3.85%, Tata Steel up by 1.25%, Asian Paints up by 0.62%, HCL Technologies by 0.43% and Eicher Motors up by 0.40%.
On the flip side, Bajaj Finance was down by 7.24%, Bajaj Finserv down by 3.84%, Tata Consumer Product down by 2.81%, Shree Cement down by 2.72% and Adani Ports &Special down by 2.58% were the top losers.
Adani Enterprises Limited, Adani Ports and Special Economic Zone Limited, Adani Power Limited, Agro Phos India Limited and Ansal Properties & Infrastructure Limited have made fresh 52 weeks high on Wednesday.
Asian Granito India Limited, Dhani Services Limited, Future Lifestyle Fashions Limited, Foods & Inns Limited, and Future Retail Limited have hit a 52-week low on Wednesday.
IDEA, FCONSUMER, GTLINFRA, ALOKINDS, VISESHINFO, HCC, YESBANK, TV18BRDCST, ADANI POWER, and KBCGLOBAL were the most active equities on NSE.
NIPPON INDIA ETF INFRA BEES, Mahindra Logistics Limited, ICICI Prudential Bank ETF Nifty Bank Index, Omaxe Limited, and Manaksia Steels Limited were the top volume gainers.
ADANI POWER, ADL, AGROPHOS, AKASH, and ALOKINDS hit the upper price band while 21STCENMGM, 3PLAND, 63MOONS, A2ZINFRA, and ADROITINFO hit the lower price band. There were 75 securities that hit the upper band while 114 hit the lower band on April 27, 2022.