The breadth of the market favoured advances, with 942 stocks advancing, 761 declining and 363 remaining unchanged. On BSE, 1369 stocks advanced, 1241 declined and 134 remained unchanged.
The Indian benchmark indices have bounced back and are trading on a bullish note this Wednesday afternoon, with the Sensex up 219 points at 37,885 while the Nifty is up 60 points at 11,449.
From the FMCG space, Hindustan Unilever, United Spirits, United Breweries and Britannia Industries are up 1 percent each.
From the BSE smallcap space, Vindhya Telelink zoomed 20 percent while Patel Engineering and Selan Exploration added 12 percent each. The other gainers include names like Universal Cables, HEG and Mangalam Drugs.
The most active stocks are Reliance Industries, Ashok Leyland, State Bank of India, Bajaj Finance and Adani Enterprises.
The top BSE gainers are Hathway Cable which zoomed 10 percent followed by Tata Steel, Strides Shasun, Sun Pharma Advanced and INOX Wind.
Bajaj Finance, Bata India, Dabur India, Exide Industries, GSK Pharma, Indiabulls Ventures, IPCA Labs and VIP Industries are some of the stocks which have hit new 52-week high in the afternoon trade.
On the other hand, Gammon Infra, Lanco Infratech and Jyoti Structures are some of the stocks which have hit fresh 52-week low.
The breadth of the market favoured advances, with 942 stocks advancing, 761 declining and 363 remaining unchanged. On BSE, 1369 stocks advanced, 1241 declined and 134 remained unchanged.Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.