India shares higher at close of trade; Nifty 50 up 1.71%

  • Investing.com
  • Stock Market News
India shares higher at close of trade; Nifty 50 up 1.71%

Investing.com – India equities were higher at the close on Wednesday, as gains in the Auto , Technology and IT sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 1.71%, while the BSE Sensex 30 index climbed 1.76%.

The biggest gainers of the session on the Nifty 50 were Bajaj Finance Ltd (NS: BJFN ), which rose 3.64% or 258.35 points to trade at 7361.50 at the close. Maruti Suzuki India Ltd. (NS: MRTI ) added 3.46% or 248.30 points to end at 7434.90 and Hindalco Industries Ltd. (NS: HALC ) was up 3.38% or 14.95 points to 457.45 in late trade.

Biggest losers included HDFC Life Insurance Company Ltd (NS: HDFL ), which lost 1.15% or 8.00 points to trade at 686.40 in late trade. Kotak Mahindra Bank Ltd. (NS: KTKM ) declined 0.86% or 16.70 points to end at 1920.45 and Divi's Laboratories Ltd. (NS: DIVI ) shed 0.43% or 19.85 points to 4604.95.

The top performers on the BSE Sensex 30 were Bajaj Finance Ltd (BO: BJFN ) which rose 3.67% to 7363.45, Maruti Suzuki India Ltd. (BO: MRTI ) which was up 3.48% to settle at 7437.25 and State Bank Of India (BO: SBI ) which gained 3.11% to close at 491.45.

The worst performers were Kotak Mahindra Bank Ltd. (BO: KTKM ) which was down 0.85% to 1921.60 in late trade, Power Grid Corporation of India Ltd (BO: PGRD ) which lost 0.49% to settle at 204.85 and Nestle India Ltd (BO: NEST ) which was up 0.44% to 19422.05 at the close.

Advancing stocks outnumbered falling ones by 1339 to 444 and 31 ended unchanged; on the Bombay Stock Exchange, 2255 rose and 938 declined, while 126 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 6.47% to 17.2650.

In commodities trading, Gold Futures for February delivery was up 0.48% or 8.55 to $1793.25 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.72% or 0.52 to hit $71.53 a barrel, while the February Brent oil contract fell 0.45% or 0.34 to trade at $75.10 a barrel.

USD/INR was up 0.11% to 75.472, while EUR/INR rose 0.35% to 85.2345.

The US Dollar Index Futures was down 0.19% at 96.183.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100

Related Articles