India stocks higher at close of trade; Nifty 50 up 0.61%

Investing.com – India stocks were higher after the close on Wednesday, as gains in the , and sectors led shares higher.

At the close in NSE, the gained 0.61%, while the index added 0.57%.

The best performers of the session on the were Tata Motors Ltd (NS:), which rose 6.81% or 12.00 points to trade at 188.10 at the close. Meanwhile, Bajaj Finance Ltd (NS:) added 5.06% or 213.20 points to end at 4426.20 and Bharti Infratel Ltd (NS:) was up 3.35% or 7.95 points to 245.55 in late trade.

The worst performers of the session were Eicher Motors Ltd. (NS:), which fell 4.51% or 950.65 points to trade at 20136.00 at the close. Yes Bank Ltd (NS:) declined 1.44% or 0.60 points to end at 41.05 and Dr. Reddy’s Laboratories Ltd (NS:) was down 1.38% or 44.00 points to 3145.15.

The top performers on the BSE Sensex 30 were Bajaj Finance Ltd (BO:) which rose 4.95% to 4421.75, Nestle India Ltd (BO:) which was up 2.95% to settle at 15868.00 and ITC Ltd (BO:) which gained 2.64% to close at 236.85.

The worst performers were Tata Consultancy Services Ltd. (BO:) which was down 1.44% to 2152.70 in late trade, Housing Development Finance Corporation Ltd (BO:) which lost 1.18% to settle at 2403.65 and UltraTech Cement Ltd (BO:) which was down 0.84% to 4570.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 823 to 694 and 114 ended unchanged; on the Bombay Stock Exchange, 1205 rose and 1178 declined, while 146 ended unchanged.

Shares in Bajaj Finance Ltd (NS:) rose to all time highs; rising 5.06% or 213.20 to 4426.20. Shares in Bajaj Finance Ltd (BO:) rose to all time highs; gaining 4.95% or 208.70 to 4421.75. Shares in Nestle India Ltd (BO:) rose to all time highs; gaining 2.95% or 454.45 to 15868.00.

The , which measures the implied volatility of Nifty 50 options, was down 4.62% to 16.4975.

Gold Futures for February delivery was up 0.05% or 0.75 to $1570.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.93% or 0.50 to hit $53.98 a barrel, while the April Brent oil contract rose 0.85% or 0.50 to trade at $59.31 a barrel.

USD/INR was up 0.10% to 71.260, while EUR/INR fell 0.07% to 78.3935.

The US Dollar Index Futures was up 0.09% at 97.920.

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