Extending the previous session’s excitement, Indian equity indices concluded Wednesday’s trade with a rise of more than a percent, with frontline measures recapturing their critical 56,900 (Sensex) and 16,950 (Nifty) levels amid a bullish global market bounce.

Sensex gained 611.55 points or 1.09% to 56,930.56 and the Nifty was up by 184.60 points or 1.10% to 16,955.45 in the previous session. The BSE Sensex touched high and low of 56,989.01 and 56,471.03, respectively and there were 25 stocks advancing against 5 stocks declining on the index while Nifty traded in a range of 16,819.50 and 16,971.00 and there were 41 stocks advancing against 9 stocks declining on the index.  

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Minda Industries, TCI Express Kabra Extrusion Technik, RateGain Travel Technologies, STL Global, Hind Rectifiers, Ginni Filaments and Lyka Labs have made fresh 52 weeks high on Wednesday.

PNC Infratech has announced the receipt of Letter of Acceptance (LOA) from the National Highways Authority of India, for ‘Collection of User Fee at 135 km long Eastern Peripheral Expressway Fee Plazas (National Highway No. NE II) in the States of Haryana and Uttar Pradesh for 1 Year’, for a contract value of Rs 369 crore  (annual remittance to be made to NHAI).

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BBETF0432, CARTRADE, GILLETTE, HNGSNGBEES, and MAHEPC have hit a 52-week low on Wednesday.

Vakrangee Digital Ventures Limited has announced an alliance with Angel One Limited, the largest listed retail broking house in India, to offer online trading account opening services through its BharatEasy Mobile app.

IDEA, JPPOWER, YESBANK, ZEEL, and RCOM were the most active equities on NSE.

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The shares of multibagger Natural Capsules managed to make a fresh all-time high in the Wednesday trading session. Natural Capsules shares are up by over 70 percent in one month while in 2021 alone Natural Capsules shares are up by 286 percent. On Wednesday the shares of Natural Capsules closed higher by ~10 percent after witnessing a price volume breakout.

AXISBPSETF, CGCL, OMINFRAL, TARMAT, and BRIGADE were the top volume gainers.

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The shares of Fredun Pharma have given a fresh breakout on Wednesday. The price-volume breakout along with all-time high closing for Fredun Pharma shares may attract buyers in coming sessions.

3IINFOLTD, 63MOONS, A2ZINFRA, AIRAN, and AJRINFRA hit the upper price band while 21STCENMGM, ADROITINFO, ANSALHSG, ARENTERP, and ARTEMISMED hit the lower price band. There were 181 securities that hit the upper band while 39 hit the lower band on December 22, 2021.

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The shares of Modi Naturals gained by ~10 percent on Wednesday and were seen locked in the upper circuit.  In one month, the shares of Modi Naturals gained by nearly 18 percent while on a YTD basis the shares of Modi Natural have soared by 118 percent.