On Wednesday, Indian market indices extended their bull run for the fourth consecutive day, with the Sensex recovering crucial 60,000 levels and the Nifty closing above 17,900. Markets got off to a shaky start, owing to growing concerns regarding the Omicron variant of COVID-19.

Sensex rose 367.22 points or 0.61% to 60,223.15 and Nifty was up by 120.00 points or 0.67% to 17,925.25 in the previous session. Sensex touched high and low of 60,332.72 and 59,661.38, respectively and there were 18 stocks advancing against 12 stocks declining on the index while Nifty traded in a range of 17,944.70 and 17,748.85 and there were 33 stocks advancing against 17 stocks declining on the index.

On the sectoral front, BSE Bankex has been catching attention on Wednesday by rising 2.43 per cent beating the benchmark indices and other sectoral indices. AU Small Finance Bank, Kotak Mahindra Bank, Bandhan Bank, Axis Bank and HDFC Bank were the top gaining stocks lifting the index.

63 moons technologies limited, Aarey Drugs & Pharmaceuticals Limited, Aaron Industries Limited, AMD Industries Limited, Anik Industries Limited, Shivam Autotech Ltd-RE, Lagnam Spintex, United Drilling Tools, International Conveyors, NRB Bearing, Delta Manufacturing, MIC Electronics and Shivalik Rasayan have made fresh 52 weeks high on Wednesday.

DJ Mediaprint & Logistics has informed the exchange that it has been empanelled with LIC Divisional Office, Thanjavur for the years 2021-24 for various printing services. The company is engaged in the business of logistics and courier activities and other printing activities like screen printing other than textile. 

DSP Mutual Fund – DSP Nifty 50 Equal Weight ETF, HEC Infra Projects Limited, Lumax Industries Limited, MAS Financial Services Limited, and Motilal Oswal Mutual Fund – Motilal Oswal Nasdaq Q 50 ETF have hit a 52-week low on Wednesday.

Sterlite Technologies has recently announced its commitment to become a carbon-neutral company by 2030. As the company drives digital networks of the future, it is accelerating its efforts towards net-zero manufacturing and sustainable network build strategies.

YESBANK, IDEA, GTLINFRA, JPPOWER, and INVENTURE were the most active equities on NSE.

HFCL stock has sparkled the eyes of investors and traders by gaining up to 13 per cent on an intraday basis on Wednesday. The surge was on account of business up-gradation. It is powering its network offerings with artificial intelligence-based analytics and has partnered with ApreComm, which is the leading AI-powered Wi-Fi technology provider. 

Shreyans Industries Limited, Digjam Limited, Panama Petrochem Limited, Seshasayee Paper and Boards Limited, and Poddar Pigments Limited were the top volume gainers.

The stock of AU Small Finance Bank has jumped 6.88% in Wednesday’s trading session. In the last 5 days, the stock has gained over 15%. In the last three trading sessions, the stock has gained traction and has also given a MACD crossover along with positive RSI. 

3PLAND, 63MOONS, A2ZINFRA, AARON, and ADL hit the upper price band while 21STCENMGM, AARVEEDEN, AKSHOPTFBR, ARENTERP, and ARTNIRMAN hit the lower price band. There were 166 securities that hit the upper band while 81 hit the lower band on January 5, 2022.