Among brokerages, Macquarie and Credit Suisse maintained 'outperform' on Titan post Q4 earnings and raised the stocks' target price. Meanwhile, Morgan Stanley downgraded Reliance Industries to 'equal-weight'.

India Ratings and Research (Ind-Ra) on Wednesday downgraded Yes Bank's long-term ratings to 'IND AA-' with negative outlook. The development comes a day after another rating agency ICRA lowered the bank's rating.

L&T has been buying Mindtree shares from the open market for three consecutive days.

Uber drivers in London and major US cities held a series of strikes on Wednesday to protest the disparity between gig-economy conditions and the sums that investors are likely to make in Friday's blockbuster stock market debut. Protests were sparsely attended in London, New York and California, and rides appeared easily available in some cities where strikes were called.