India shares higher at close of trade; Nifty 50 up 0.07%

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India shares higher at close of trade; Nifty 50 up 0.07%
Credit: © Reuters.

Investing.com – India equities were higher at the close on Wednesday, as gains in the Capital Goods , Banking and Fast Moving Consumer Goods sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.07% to hit a new 52-week low, while the BSE Sensex 30 index added 0.18%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd (NS: YESB ), which rose 36.71% or 7.80 points to trade at 29.05 at the close. Zee Entertainment Enterprises Ltd. (NS: ZEE ) added 7.48% or 14.55 points to end at 209.00 and Bharti Infratel Ltd (NS: BHRI ) was up 6.61% or 13.95 points to 224.95 in late trade.

Biggest losers included GAIL Ltd (NS: GAIL ), which lost 10.20% or 10.25 points to trade at 90.20 in late trade. Tata Steel Ltd (NS: TISC ) declined 7.76% or 25.00 points to end at 297.30 and Tata Motors Ltd (NS: TAMO ) shed 6.95% or 7.35 points to 98.35.

The top performers on the BSE Sensex 30 were Hero MotoCorp Ltd (BO: HROM ) which rose 4.08% to 2037.15, Reliance Industries Ltd (BO: RELI ) which was up 3.60% to settle at 1153.25 and ICICI Bank Ltd (BO: ICBK ) which gained 1.80% to close at 465.40.

The worst performers were Tata Steel Ltd (BO: TISC ) which was down 7.11% to 299.40 in late trade, IndusInd Bank Ltd. (BO: INBK ) which lost 5.80% to settle at 853.65 and Oil And Natural Gas Corporation Ltd (BO: ONGC ) which was down 4.02% to 71.65 at the close.

Declining stocks outnumbered rising ones by 875 to 659 and 100 ended unchanged; on the Bombay Stock Exchange, 1345 fell and 1005 advanced, while 158 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was up 2.45% to 31.5550 a new 5-year high.

In commodities trading, Gold Futures for April delivery was up 0.18% or 3.00 to $1663.30 a troy ounce. Meanwhile, Crude oil for delivery in April fell 2.85% or 0.98 to hit $33.38 a barrel, while the May Brent oil contract fell 2.85% or 1.06 to trade at $36.16 a barrel.

USD/INR was down 0.70% to 73.627, while EUR/INR fell 0.33% to 83.3535.

The US Dollar Index Futures was down 0.20% at 96.198.

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