Stock markets rebounded on Wednesday, with the benchmark Sensex rising nearly 593 points, driven by strong macroeconomic data and value buying by investors following a recent downturn ahead of the US tariff announcements.
The 30-share benchmark index was trading at 76617.44 up by 592.93 points or by 0.78 % and then NSE Nifty was at 23332.35 up by 166.65 points or by 0.72 %.
Sensex touched intraday high of 76680.35 and intraday low of 76064.94 The NSE Nifty touched intraday high of 23350 and intraday low of 23158.45
Sensex pack were Zomato Ltd. (Rs. 212.00,+4.92%), Titan Company Ltd. (Rs. 3099.05,+3.77%), IndusInd Bank Ltd. (Rs. 702.40,+2.88%), Maruti Suzuki India Ltd. (Rs. 11715.05,+2.09%), Mahindra & Mahindra Ltd. (Rs. 1422.70,+2.04%), among others.
The top losers of the BSE Sensex pack were Nestle India Ltd. (Rs. 2201.85,-1.36%), Power Grid Corporation of India Ltd. (Rs. 286.70,-0.88%), UltraTech Cement Ltd. (Rs. 11276.35,-0.88%), Bajaj Finserv Ltd. (Rs. 1923.25,-0.68%), Larsen & Toubro Ltd. (Rs. 3421.65,-0.41%), among others.
Realty index was at 6632.01 up by 231.74 points or by 3.62%. Macrotech Developers Ltd. (Rs. 1218.80,+5.28%), Godrej Industries Ltd. (Rs. 2146.40,+5.08%), Prestige Estates Projects Ltd. (Rs. 1180.25,+3.69%), DLF Ltd. (Rs. 683.10,+3.19%), Signatureglobal (India) Ltd. (Rs. 1109.00,+3.03%),.
CGS index was at 61893.92 down by 90.97 points or by 0.15%. Bharat Electronics Ltd. (Rs. 282.40,-3.34%), LMW Ltd. (Rs. 15250.00,-2.33%), Grindwell Norton Ltd. (Rs. 1673.00,-1.89%), ABB India Ltd. (Rs. 5309.00,-1.46%), Kalpataru Projects International Ltd. (Rs. 975.00,-0.75%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4319 , shares advanced were 2982 while 1176 shares declined and 161 were unchanged.