India stocks higher at close of trade; Nifty 50 up 0.41%

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 added 0.41%, while the index climbed 0.43%.

The best performers of the session on the were Tata Motors Ltd (NS:), which rose 7.02% or 11.10 points to trade at 169.40 at the close. Meanwhile, Yes Bank Ltd (NS:) added 5.88% or 3.50 points to end at 63.00 and ICICI Bank Ltd (NS:) was up 3.82% or 19.45 points to 529.25 in late trade.

The worst performers of the session were Larsen & Toubro Ltd (NS:), which fell 2.26% or 29.70 points to trade at 1285.10 at the close. Reliance Industries Ltd (NS:) declined 1.55% or 24.40 points to end at 1552.70 and Coal India Ltd (NS:) was down 1.51% or 3.10 points to 202.75.

The top performers on the BSE Sensex 30 were Tata Motors Ltd (BO:) which rose 7.11% to 169.40, Yes Bank Ltd (BO:) which was up 5.97% to settle at 63.05 and Tata Motors Ltd DVR (BO:) which gained 5.09% to close at 70.15.

The worst performers were Larsen & Toubro Ltd (BO:) which was down 2.16% to 1285.20 in late trade, Reliance Industries Ltd (BO:) which lost 1.67% to settle at 1552.55 and Asian Paints Ltd. (BO:) which was down 0.95% to 1720.60 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 839 to 711 and 76 ended unchanged; on the Bombay Stock Exchange, 1192 rose and 1166 declined, while 188 ended unchanged.

Shares in ICICI Bank Ltd (NS:) rose to all time highs; gaining 3.82% or 19.45 to 529.25.

The , which measures the implied volatility of Nifty 50 options, was down 8.52% to 13.3225 a new 3-months low.

Gold Futures for February delivery was down 0.19% or 2.75 to $1481.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.52% or 0.85 to hit $56.95 a barrel, while the February Brent oil contract rose 1.71% or 1.04 to trade at $61.86 a barrel.

USD/INR was down 0.24% to 71.556, while EUR/INR fell 0.31% to 79.2375.

The US Dollar Index Futures was up 0.02% at 97.700.

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