India stocks higher at close of trade; Nifty 50 up 0.34%

Investing.com – India stocks were higher after the close on Wednesday, as gains in the Green Energy, Consumer Durables and Healthcare sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.34%, while the BSE Sensex 30 index climbed 0.38%.

The best performers of the session on the Nifty 50 were Cipla Ltd. (NS:CIPL), which rose 3.15% or 40.65 points to trade at 1,330.00 at the close. Meanwhile, Adani Enterprises Ltd (NS:ADEL) added 3.05% or 92.00 points to end at 3,106.60 and Reliance Industries Ltd (NS:RELI) was up 2.87% or 74.00 points to 2,654.50 in late trade.

The worst performers of the session were Divi's Laboratories Ltd. (NS:DIVI), which fell 2.00% or 79.70 points to trade at 3,904.95 at the close. NTPC Ltd (NS:NTPC) declined 1.99% or 6.35 points to end at 313.40 and Bharat Petroleum Corp. Ltd. (NS:BPCL) was down 1.82% or 8.35 points to 451.60.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 2.69% to 2,649.95, HCL Technologies Ltd (BO:HCLT) which was up 2.15% to settle at 1,491.75 and ICICI Bank Ltd (BO:ICBK) which gained 1.36% to close at 992.60.

The worst performers were NTPC Ltd (BO:NTPC) which was down 2.03% to 313.35 in late trade, Power Grid Corporation of India Ltd (BO:PGRD) which lost 1.34% to settle at 239.00 and UltraTech Cement Ltd (BO:ULTC) which was down 1.00% to 9,795.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1116 to 1027 and 32 ended unchanged; on the Bombay Stock Exchange, 2021 rose and 1680 declined, while 97 ended unchanged.

Shares in Cipla Ltd. (NS:CIPL) rose to all time highs; rising 3.15% or 40.65 to 1,330.00. Shares in Reliance Industries Ltd (NS:RELI) rose to all time highs; rising 2.87% or 74.00 to 2,654.50. Shares in Reliance Industries Ltd (BO:RELI) rose to all time highs; rising 2.69% or 69.35 to 2,649.95.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.21% to 12.97.

Gold Futures for February delivery was up 0.46% or 9.45 to $2,042.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.29% or 0.21 to hit $72.03 a barrel, while the March Brent oil contract fell 0.30% or 0.23 to trade at $77.36 a barrel.

USD/INR was down 0.13% to 83.01, while EUR/INR rose 0.13% to 90.93.

The US Dollar Index Futures was down 0.16% at 102.12.