Sensex fell 566.09 points or 0.94% to 59,610.41 and Nifty was down by 149.75 points or 0.83% to 17,807.65 in the previous session. Sensex touched a high and low of 59,941.57 and 59,509.84, respectively. There were 10 stocks advancing against 20 stocks declining on the index. Nifty traded in a range of 17,901.00 and 17,779.85. There were 20 stocks advancing against 30 stocks declining on the index. 

Also Read| Trade Setup: Top 15 things to know before market opens on April 7, 2022

The top gainers on the Sensex were NTPC up by 2.61%, Tata Steel up by 1.94%, Power Grid Corporation up by 1.52%, Bharti Airtel up by 1.17% and Nestle up by 1.10%. On the flip side, HDFC Bank down by 3.51%, HDFC down by 3.26%, HCL Technologies down by 2.07%, Tech Mahindra down by 1.97% and Infosys down by 1.75% were the top losers.

Also Read| Invesco to sell 7.8% stake in Zee Entertainment via a block deal

The top gainers on Nifty were Coal India up by 3.14%, NTPC up by 2.62%, Tata Steel up by 1.87%, Power Grid Corporation up by 1.57% and BPCL up by 1.50%. On the flip side, HDFC Bank down by 3.59%, HDFC down by 3.30%, HDFC Life Insurance down by 2.40%, HCL Technologies down by 1.97% and Tech Mahindra down by 1.96% were the top losers. 

Also Read| Bandhan Group-led consortium to acquire IDFC MF for Rs 4,500 crore

Aditya Birla Fashion and Retail Limited, Adani Green Energy Limited, Adani Power Limited, ANDHRA PAPER LIMITED, and The Andhra Sugars Limited have made fresh 52 week high on Wednesday.

Also Read| BSNL plans to install over 1 lakh towers to provide 4G across India

Debock Industries Limited, GMR Power and Urban Infra Limited, and Shaily Engineering Plastics Limited have hit a 52-week low on Wednesday.

Also Read| Adani Group stocks touch record highs on fundraising plan

YESBANK, IDEA, TATA POWER, RENUKA, VISESHINFO, SAIL, GTLINFRA, JPPOWER, ADANI POWER, and NTPC were the most active equities on NSE.

Also Read| Indian businessmen Mukesh Ambani, Gautam Adani among the Forbes’ top 15 billionaires

Jai Balaji Industries Limited, Aditya Birla Sun Life Mutual Fund – Aditya Birla Sun Life Nifty IT ETF, Barbeque Nation Hospitality Limited, Kothari Sugars And Chemicals Limited, and Jullundur Motor Agency (Delhi) Limited were the top volume gainers.

Also Read| RBI to delay first repo rate hike for at least four months: Report

21STCENMGM, 3IINFOLTD, 3PLAND, 63MOONS, and A2ZINFRA hit the upper price band while ADL, AXISCADES, BALLARPUR, BEARDSELL, and FELDVR hit the lower price band. There were 250 securities that hit the upper band while 25 hit the lower band on April 6, 2022.