HDFC Life | Nifty50's top gainer, its shares ended nearly 3 percent higher.

Pharma stocks | The Nifty Pharma index gained the most among sectoral indices, up 1 percent. Shares of Dr Reddy's, Biocon, Lupin, Sun Pharma, Gland Pharma, Aurobindo Pharma, Alkem Laboratories Ltd, ended 1.1 to nearly 2.6 percent higher.

Bharat Petroleum | Nifty50's top loser, its stock ended 2 percent lower.

Sula Vineyards | Shares of India’s largest wine-maker Sula Vineyards surged nearly 9 percent on Wednesday after brokerage firm CLSA initiated coverage on the stock with a Buy rating with a potential upside of 40 percent from current levels. Its stock ended nearly 3.8 percent higher.

Sobha Ltd | A search by the Income Tax department is being carried out at the registered office and other premises of Sobha Ltd. Nifty500's top loser, its shares ended nearly 12.9 percent lower.