India stocks higher at close of trade; Nifty 50 up 0.48% By


© Reuters. India stocks higher at close of trade; Nifty 50 up 0.48% – India stocks were higher after the close on Wednesday, as gains in the , and sectors led shares higher.

At the close in NSE, the added 0.48%, while the index added 0.40%.

The best performers of the session on the were Tech Mahindra Ltd (NS:), which rose 5.86% or 59.35 points to trade at 1,071.40 at the close. Meanwhile, Apollo Hospitals Enterprises Ltd. (NS:) added 5.13% or 219.05 points to end at 4,487.90 and Eicher Motors Ltd. (NS:) was up 4.27% or 135.45 points to 3,311.15 in late trade.

The worst performers of the session were Hindustan Unilever Ltd. (NS:), which fell 1.21% or 31.15 points to trade at 2,548.45 at the close. Sun Pharmaceutical Industries Ltd. (NS:) declined 1.13% or 11.35 points to end at 995.40 and ITC Ltd (NS:) was down 1.13% or 4.35 points to 382.10.

The top performers on the BSE Sensex 30 were Tech Mahindra Ltd (BO:) which rose 5.79% to 1,070.85, Reliance Industries Ltd (BO:) which was up 2.22% to settle at 2,430.10 and Bajaj Finserv Ltd (BO:) which gained 1.44% to close at 1,419.85.

The worst performers were Hindustan Unilever Ltd. (BO:) which was down 1.22% to 2,548.10 in late trade, ITC Ltd (BO:) which lost 1.14% to settle at 382.10 and Sun Pharmaceutical Industries Ltd. (BO:) which was down 1.12% to 994.65 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1032 to 874 and 69 ended unchanged; on the Bombay Stock Exchange, 1700 rose and 1654 declined, while 122 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 4.40% to 12.86.

Gold Futures for April delivery was down 1.06% or 19.75 to $1,845.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.14% or 0.90 to hit $78.16 a barrel, while the April Brent oil contract fell 0.92% or 0.79 to trade at $84.79 a barrel.

USD/INR was down 0.10% to 82.83, while EUR/INR fell 0.23% to 88.80.

The US Dollar Index Futures was up 0.29% at 103.42.


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