India stocks higher at close of trade; Nifty 50 up 0.49%

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 rose 0.49%, while the index gained 0.45%.

The best performers of the session on the were Zee Entertainment Enterprises Ltd. (NS:), which rose 8.12% or 23.20 points to trade at 307.00 at the close. Meanwhile, Sun Pharmaceutical Industries Ltd. (NS:) added 5.31% or 22.60 points to end at 450.00 and IndusInd Bank Ltd. (NS:) was up 4.91% or 68.45 points to 1469.30 in late trade.

The worst performers of the session were Bharti Infratel Ltd (NS:), which fell 3.17% or 7.95 points to trade at 240.90 at the close. Indian Oil Corporation Ltd (NS:) declined 1.50% or 2.00 points to end at 130.90 and Kotak Mahindra Bank Ltd. (NS:) was down 1.39% or 22.65 points to 1599.45.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:) which rose 5.73% to 450.20, IndusInd Bank Ltd. (BO:) which was up 5.50% to settle at 1468.70 and Yes Bank Ltd (BO:) which gained 2.65% to close at 65.85.

The worst performers were Kotak Mahindra Bank Ltd. (BO:) which was down 1.49% to 1599.10 in late trade, Tata Steel Ltd (BO:) which lost 0.83% to settle at 398.55 and Tata Motors Ltd DVR (BO:) which was down 0.77% to 76.85 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 834 to 728 and 70 ended unchanged; on the Bombay Stock Exchange, 1287 fell and 1139 advanced, while 190 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 1.64% to 15.1600.

Gold Futures for December delivery was up 0.14% or 2.05 to $1476.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.25% or 0.14 to hit $55.49 a barrel, while the January Brent oil contract rose 0.25% or 0.15 to trade at $61.06 a barrel.

USD/INR was up 0.05% to 71.855, while EUR/INR fell 0.04% to 79.5290.

The US Dollar Index Futures was up 0.10% at 97.840.

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