NEW DELHI: With 11.30 crore changing hands, Reliance Communications emerged as the most traded stock on NSE on Wednesday.State Bank of India (7.12 crore) and Jaiprakash Associates (4.34 crore) were up next.PC Jeweller (3.51 crore), IDBI Bank (2.98 crore), Suzlon Energy (2.97 crore), Punjab National Bank (2.95 crore), Ashok Leyland (2.88 crore), Strides Shasun (2.41 crore) and Bank of Baroda (2.37 crore) also stood among the most traded stocks on NSE.Indian shares suffered strong losses on Wednesday on across the board selling, led by metal, oil gas, pharma, FMCG and financials.Surging crude oil prices and falling rupee continued exerting pressure on the market, while weak global cues offered no hope.Investor sentiment remained subdued in the absence of any positive trigger amid sustained capital outflows.Global cues were also weak after the US President Donald Trump said he was not satisfied with bilateral trade talks with China that occurred last week.The Sensex index finished the day 306 points, or 0.88 per cent, down at 34,345, with 26 stocks incurring losses and only 5 with gains.The Nifty index tanked 106 points, or 1.01 per cent, to settle at 10,430, with 14 stocks in the green, 35 in the red and one unchanged.
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