India shares higher at close of trade; Nifty 50 up 0.67%

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India shares higher at close of trade; Nifty 50 up 0.67%

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

At the close in NSE, the Nifty 50 rose 0.67% to hit a new 1-month high, while the BSE Sensex 30 index gained 0.61%.

The biggest gainers of the session on the Nifty 50 were Bajaj Finserv Ltd (NS: BJFS ), which rose 4.98% or 852.95 points to trade at 17988.40 at the close. Bajaj Finance Ltd (NS: BJFN ) added 4.46% or 327.80 points to end at 7670.80 and Kotak Mahindra Bank Ltd. (NS: KTKM ) was up 3.75% or 69.55 points to 1922.15 in late trade.

Biggest losers included Tech Mahindra Ltd (NS: TEML ), which lost 2.92% or 52.25 points to trade at 1737.55 in late trade. Infosys Ltd (NS: INFY ) declined 2.87% or 54.50 points to end at 1844.65 and HCL Technologies Ltd (NS: HCLT ) shed 1.70% or 22.70 points to 1310.75.

The top performers on the BSE Sensex 30 were Bajaj Finserv Ltd (BO: BJFS ) which rose 5.09% to 17983.00, Bajaj Finance Ltd (BO: BJFN ) which was up 4.44% to settle at 7668.55 and Kotak Mahindra Bank Ltd. (BO: KTKM ) which gained 3.70% to close at 1921.65.

The worst performers were Tech Mahindra Ltd (BO: TEML ) which was down 2.87% to 1736.05 in late trade, Infosys Ltd (BO: INFY ) which lost 2.71% to settle at 1844.95 and HCL Technologies Ltd (BO: HCLT ) which was down 1.69% to 1311.40 at the close.

Advancing stocks outnumbered falling ones by 922 to 868 and 29 ended unchanged; on the Bombay Stock Exchange, 1749 rose and 1524 declined, while 94 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was up 6.87% to 17.2275.

In commodities trading, Gold Futures for February delivery was up 0.24% or 4.35 to $1818.95 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.16% or 0.12 to hit $76.87 a barrel, while the March Brent oil contract fell 0.08% or 0.06 to trade at $79.94 a barrel.

USD/INR was down 0.17% to 74.372, while EUR/INR rose 0.06% to 84.1225.

The US Dollar Index Futures was down 0.17% at 96.110.

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