Sensex rose 1039.80 points or 1.86% to 56,816.65 and the Nifty was up by 312.35 points or 1.87% to 16,975.35 in the previous session. Sensex touched high and low of 56,860.89 and 56,389.26, respectively. There were 28 stocks advancing against 2 stocks declining on the index. Nifty traded in a range of 16,987.90 and 16,837.85. There were 47 stocks advancing against 3 stocks declining on the index.

The top gainers on the Sensex were Ultratech Cement up by 4.69%, Axis Bank up by 3.65%, Indusind Bank up by 3.60%, HDFC up by 2.92% and Infosys up by 2.69%. On the flip side, Sun Pharma down by 0.35% and Power Grid Corporation down by 0.07% were the top losers.

The top gainers on Nifty were Ultratech Cement up by 4.63%, Axis Bank up by 3.55%, Bajaj Auto up by 3.35%, Indusind Bank up by 3.27% and Shree Cement up by 3.03%. On the flip side, Cipla was down by 1.34%, Sun Pharma down by 0.44%, Tata Consumer Product down by 0.12% were the top losers.

Accuracy Shipping Limited, ANDHRA PAPER LIMITED, AVT Natural Products Limited, Bharat Dynamics Limited, and Capri Global Capital Limited have made fresh 52 weeks high on Wednesday.

Akash Infra-Projects Limited, CMI Limited, Future Lifestyle Fashions Limited, ICICI Prudential Mutual Fund – ICICI Prudential 5 Year G-Sec ETF, and Matrimony.Com Limited have hit a 52-week low on Wednesday.

IDEA, GTLINFRA, YESBANK, VISESHINFO, PNB, ZOMATO, PAYTM, ASHOKLEY, SAIL, and BANK BARODA were the most active equities on NSE.

General Insurance Corporation of India, The New India Assurance Company Limited, Sintercom India Limited, Nitiraj Engineers Limited, and S.E. Power Limited were the top volume gainers.

21STCENMGM, ADROITINFO, AGRITECH, AJRINFRA, and ALPSINDUS hit the upper price band while AAKASH, AKASH, ARENTERP, ARIHANTSUP, and ARTNIRMAN hit the lower price band. There were 118 securities that hit the upper band while 81 hit the lower band on March 16, 2022.