The stock market staged a strong rally on Wednesday, with the BSE Sensex surging 740.30 points or 1.01 per cent to close at 73,730.23. The NSE Nifty 50 also rebounded, rising 254.65 points or 1.15 per cent to end at 22,337.30, as metal, PSU bank, and infrastructure stocks led the charge.
Top gainers
Adani Ports emerged the top performer, jumping 5.02 per cent to ₹1,112.55, backed by strong operational updates. Tata Steel followed closely, gaining 4.92 per cent to ₹146.15, buoyed by rising global steel prices.
Power Grid and Mahindra & Mahindra (M&M) both climbed 4.27 per cent, closing at ₹264.90 and ₹2,725.70, respectively, amid bullish sentiment in the auto and power sectors. NTPC rounded off the top five gainers with a 4.06 per cent rise, settling at ₹326.60.
Top losers
Bajaj Finance was the worst performer, tumbling 3.25 per cent to ₹8,309.00 on profit-booking after recent gains. IndusInd Bank also declined 1.64 per cent to ₹971.70.
HDFC Bank slipped 1.25 per cent to ₹1,689.75, while Zomato lost 0.31 per cent to ₹226.80. Maruti Suzuki ended nearly flat, dipping 0.02 per cent to ₹11,614.90.
The market’s sharp rebound was fuelled by broad-based buying, particularly in PSU banks, metals, and infrastructure stocks, amid easing global trade concerns and renewed DII inflows.
