Indian markets bounced back on Wednesday snapping earlier losses. At the close, the benchmark 30-share index, BSE Sensex added 428.62 points or 1.05% at 41,323.00 with 21 components posting rise. Meanwhile, the broad based NSE Nifty went up by 103.85 points or 0.87% to settle at 12,096.85 with 37 components posting rise.
Major gainers in the 30-share index were Bajaj Finance (2.79%), Hindustan Unilever (2.74%), Reliance Industries (2.60%), Oil & Natural Gas Corporation (2.47%), Housing Development Finance Corporation (2.32%), and NTPC (2.01%).
On the other hand, Tata Motors (2.20%), Sun Pharmaceutical Industries (1.33%), Tata Consultancy Services (0.93%), Bharti Airtel (0.80%), Larsen & Toubro (0.38%), and Indusind Bank (0.28%) were the major losers in the Sensex.
Market breadth was negative with 1,356 advances against 896 declines.
U P L topped the value chart on the BSE with a turnover of Rs. 674.00 million. It was followed by Aurobindo Pharma (Rs. 540.47 million), HDFC Asset Management Company (Rs. 119.70 million) and Sam Leaseco (Rs. 54.23 million).
The volume chart was led by Birla Power Solutions with trades of over 12.09 million shares. It was followed by Sam Leaseco (4.22 million), Bellary Steels & Alloys (2.03 million) and Nagarjuna Fertilizers & Chemicals (Merger) (1.61 million).