On Wednesday, the NIFTY 50 index witnessed a strong recovery. All 50 stocks in the index ended in the green. The top gainer of the day was Adani Ports.

Adani Ports saw a significant surge, with its current price standing at ₹1354.60, marking an 8.46% increase from its last close at ₹1248.95.

Following closely was IndusInd Bank, with a 7.87% rise. The stock closed at ₹1500.95, a substantial leap from its previous close at ₹1391.50.

Coming in third was Hindalco, which experienced a 7.12% hike, closing at ₹695.25, compared to its last close at ₹649.05.

Hero MotoCorp and M&M also made it to the top five gainers, with a 6.55% and 6.53% increase respectively. Hero MotoCorp closed at ₹5658.50, while M&M ended the day at ₹2740.95.

Markets At Close: Indian equities jumped over 3% on Wednesday in a broad-based recovery after the path for the return of Narendra Modi as prime minister became clearer. The Nifty 50 index rose by 3.36% to 22,620.35 points, and the Sensex increased by 3.20% to end at 74,382.24 points.

Earlier in the session, the indices had fallen by 0.42% and 0.26%, respectively. Modi is expected to be sworn in on June 8, after the Telugu Desam Party and Janata Dal (United) pledged their continued support, following a shock election verdict that saw his Bharatiya Janata Party lose its majority in parliament.

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