Sensex gains 657 pts, Nifty tops 17,450; Maruti rises 4%, Adani Wilmar 20%

Only 3 stocks -- Sun Pharma, PowerGrid, and ITC -- ended in the red on the Sensex, while gains were led by Maruti Suzuki (up 4 per cent), IndusInd Bank, HDFC Bank, Bajaj Finserv, Wipro, and Titan

CLOSING BELL

A mild pullback in oil prices and bond yields made investors turn to riskier assets on Wednesday. Global equities, including domestic ones, rose today with the benchmark BSE Sensex and the NSE's Nifty climbing 1.1 per cent each. Volatility index, India VIX, cooled off 5.7 per cent.

The S&P BSE Sensex opened with a positive gap of over 300 points, and build on its gains as the day progressed. It hit an intra-day high of 58,508 before settling at 58,465 level, up 657 points. 

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Only 3 stocks -- Sun