India stocks higher at close of trade; Nifty 50 up 0.54%

Investing.com – India stocks were higher after the close on Wednesday, as gains in the Capital Goods, Consumer Durables and Real Estate sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.54%, while the BSE Sensex 30 index gained 0.73%.

The best performers of the session on the Nifty 50 were Reliance Industries Ltd (NS:RELI), which rose 3.56% or 102.55 points to trade at 2,985.70 at the close. Meanwhile, Bajaj Auto Ltd (NS:BAJA) added 2.16% or 193.45 points to end at 9,154.00 and Maruti Suzuki India Ltd. (NS:MRTI) was up 2.12% or 259.80 points to 12,510.35 in late trade.

The worst performers of the session were UPL Ltd (NS:UPLL), which fell 2.13% or 9.90 points to trade at 455.50 at the close. Hero MotoCorp Ltd (NS:HROM) declined 2.11% or 98.60 points to end at 4,572.55 and Tata Consumer Products Ltd (NS:TACN) was down 1.93% or 21.50 points to 1,091.05.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 3.50% to 2,985.00, Maruti Suzuki India Ltd. (BO:MRTI) which was up 2.40% to settle at 12,550.00 and Bajaj Finance Ltd (BO:BJFN) which gained 1.67% to close at 7,026.00.

The worst performers were Wipro Ltd (BO:WIPR) which was down 1.62% to 472.00 in late trade, Dr Reddy’s Laboratories Ltd (BO:REDY) which lost 1.22% to settle at 6,052.50 and LTIMindtree Ltd (BO:LTIM) which was down 1.15% to 4,917.00 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1333 to 876 and 34 ended unchanged; on the Bombay Stock Exchange, 2260 fell and 1441 advanced, while 102 ended unchanged.

Shares in Bajaj Auto Ltd (NS:BAJA) rose to all time highs; rising 2.16% or 193.45 to 9,154.00. Shares in Maruti Suzuki India Ltd. (NS:MRTI) rose to all time highs; rising 2.12% or 259.80 to 12,510.35. Shares in Maruti Suzuki India Ltd. (BO:MRTI) rose to all time highs; rising 2.40% or 294.05 to 12,550.00.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.92% to 12.70.

Gold Futures for April delivery was up 0.68% or 14.90 to $2,192.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.70% or 0.57 to hit $81.05 a barrel, while the June Brent oil contract fell 0.65% or 0.56 to trade at $85.07 a barrel.

USD/INR was up 0.01% to 83.35, while EUR/INR fell 0.01% to 90.26.

The US Dollar Index Futures was up 0.02% at 104.01.