India shares higher at close of trade; Nifty 50 up 1.16%

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India shares higher at close of trade; Nifty 50 up 1.16%
Credit: © Reuters.

Investing.com – India equities were higher at the close on Wednesday, as gains in the Banking , Consumer Durables and Healthcare sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 1.16%, while the BSE Sensex 30 index added 1.18%.

The biggest gainers of the session on the Nifty 50 were IndusInd Bank Ltd. (NS: INBK ), which rose 5.75% or 53.05 points to trade at 975.35 at the close. Bajaj Finserv Ltd (NS: BJFS ) added 5.04% or 802.15 points to end at 16706.00 and HCL Technologies Ltd (NS: HCLT ) was up 3.37% or 38.15 points to 1170.95 in late trade.

Biggest losers included Tech Mahindra Ltd (NS: TEML ), which lost 1.51% or 22.80 points to trade at 1482.95 in late trade. UltraTech Cement Ltd (NS: ULTC ) declined 1.01% or 76.25 points to end at 7440.00 and Nestle India Ltd (NS: NEST ) shed 0.92% or 171.05 points to 18500.65.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO: INBK ) which rose 5.57% to 973.40, Bajaj Finserv Ltd (BO: BJFS ) which was up 5.13% to settle at 16706.90 and HCL Technologies Ltd (BO: HCLT ) which gained 3.40% to close at 1171.10.

The worst performers were Tech Mahindra Ltd (BO: TEML ) which was down 1.61% to 1482.75 in late trade, Nestle India Ltd (BO: NEST ) which lost 1.03% to settle at 18471.60 and UltraTech Cement Ltd (BO: ULTC ) which was down 0.97% to 7439.50 at the close.

Advancing stocks outnumbered falling ones by 1358 to 449 and 27 ended unchanged; on the Bombay Stock Exchange, 2216 rose and 1041 declined, while 93 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 6.64% to 18.6500.

In commodities trading, Gold Futures for April delivery was up 0.09% or 1.70 to $1803.20 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.33% or 0.29 to hit $88.49 a barrel, while the April Brent oil contract rose 0.19% or 0.17 to trade at $89.33 a barrel.

USD/INR was down 0.00% to 74.749, while EUR/INR rose 0.40% to 84.5445.

The US Dollar Index Futures was down 0.43% at 95.960.

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