After shedding over 60 points, the 30-share index made a U-turn and was trading over 520 points higher at a record high of 50,321.89.
Consumer Durables stocks were trading in the positive zone, with the S&P BSE Consumer Durables index rising 406.38 points or 1.29% at 31811.53 at 09:48 IST.
Healthcare stocks were trading in green, with the S&P BSE Healthcare index increasing 423.47 points or 2.01% at 21486.76 at 09:48 IST.
Shares of Home First Finance Company made a decent stock market debut on Wednesday.
Sensex & Nifty open at record highs but slip into the red. Here's how the markets opened on 3rd February 2021.
Sensex up 433 points at 50231, while the Nifty50 rose 107 points up at 14754.
Bharti Airtel, Adani Enterprises, Adani Green Energy, Apollo Tyres, Aptech, Astral Poly Technik and Bajaj Consumer Care are slated to announce their financial results on Wednesday.
#WatchNow A round up of global cues and top stock picks for today's trades.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 58 points at the opening bell.