Tata Steel BSL, Indo Rama Synthetics, Hubtown, Aptech, HDIL and Manpasand Beverages were surging in the range of 15% to 20% on the BSE.
Nifty Auto index gained over 3 per cent in intra-day trade on Wednesday, outperforming the benchmark Nifty50 that moved up around 1.3 per cent to 10,685 in intra-day trade.
The stock up 3.5% to Rs 1,485 on BSE, after the cement manufacturer, said that its board approved Rs 30 billion expansion plan.
The stock dipped 6% to Rs 2,536 on the BSE in intra-day trade on back of heavy volumes.
Shares of NBCC rose as much as 6 per cent to Rs 52.90 apiece in intra-day on the National Stock Exchange (NSE) on Wednesday after the company received Letter of Award (LoA) from the government
The stock rallied 5% to Rs 3,195 trading at its highest level since September 24, 2018, on the BSE.
The markets were preparing for this sort of a mandate, though not as bad as what has emerged today. They were expecting BJP to lose in Madhya Pradesh
Foreign investors now will take a wait-and-watch approach as regards India, given these developments, says Jitendra Gohil
The BJP has not done well, especially in the large states. As far as the markets are concerned, the state election results do not matter much
Nifty PSU Bank index was up 1.3% at 2,919 at 09:24 am, rallying 6% from its Tuesday's intra-day low level of 2,747.
In the equity market, the frontline indices staged a dramatic recovery on Tuesday after a dismal start post the initial outcome of states election verdict.
Here's a look at the top stocks that may remain in focus today -
Dow Jones fell 53.02 points, or 0.22%, to 24,370.24
Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher
Former Economic Affairs Secretary Shaktikanta Das was appointed the RBI governor after the markets had closed for the day
The RBI has been infusing dollars to stem excess volatility in the foreign exchange market
Experts say a weak RBI could be negative for both the equity as well as the debt markets as it will have a direct bearing on the economy
The domestic unit, which saw a heavy sell-off by plunging 110 paise in opening trade, staged a mild recovery towards the end of the session but still settled in the negative territory
Nifty, Bank Nifty, IOC, Asian Paints, YES bank
YES Bank gained most, up 7%, trailed by Punjab National Bank, State Bank of India, and Bank of Baroda