India shares higher at close of trade; Nifty 50 up 1.87%

  • Investing.com
  • Stock Market News
India shares higher at close of trade; Nifty 50 up 1.87%
Credit: © Reuters.

Investing.com – India equities were higher at the close on Wednesday, as gains in the Real Estate , Metals and Oil & Gas sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 1.87%, while the BSE Sensex 30 index gained 1.86%.

The biggest gainers of the session on the Nifty 50 were UltraTech Cement Ltd (NS: ULTC ), which rose 4.73% or 284.65 points to trade at 6,305.90 at the close. AXIS Bank Ltd (NS: AXBK ) added 3.68% or 25.70 points to end at 723.85 and IndusInd Bank Ltd. (NS: INBK ) was up 3.57% or 32.00 points to 928.65 in late trade.

Biggest losers included Cipla Ltd. (NS: CIPL ), which lost 1.15% or 12.25 points to trade at 1,055.80 in late trade. Sun Pharmaceutical Industries Ltd. (NS: SUN ) declined 0.27% or 2.45 points to end at 889.20 and Tata Consumer Products Ltd (NS: TACN ) shed 0.10% or 0.75 points to 747.85.

The top performers on the BSE Sensex 30 were UltraTech Cement Ltd (BO: ULTC ) which rose 4.69% to 6,303.55, AXIS Bank Ltd. (BO: AXBK ) which was up 3.65% to settle at 723.70 and IndusInd Bank Ltd. (BO: INBK ) which gained 3.60% to close at 928.20.

The worst performers were Sun Pharmaceutical Industries Ltd. (BO: SUN ) which was down 0.35% to 888.80 in late trade, Power Grid Corporation of India Ltd (BO: PGRD ) which lost 0.07% to settle at 209.30 and Larsen & Toubro Ltd (BO: LART ) which was up 0.75% to 1,756.45 at the close.

Advancing stocks outnumbered falling ones by 1331 to 484 and 40 ended unchanged; on the Bombay Stock Exchange, 2213 rose and 1110 declined, while 98 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 9.77% to 24.12.

In commodities trading, Gold Futures for April delivery was down 0.33% or 6.30 to $1,923.40 a troy ounce. Meanwhile, Crude oil for delivery in April fell 0.26% or 0.25 to hit $96.19 a barrel, while the May Brent oil contract fell 0.10% or 0.10 to trade at $99.81 a barrel.

USD/INR was down 0.09% to 76.21, while EUR/INR rose 0.16% to 83.81.

The US Dollar Index Futures was down 0.44% at 98.63.

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