India stocks higher at close of trade; Nifty 50 up 0.49%

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

At the close in NSE, the rose 0.49% to hit a new 3-months high, while the index gained 0.55%.

The best performers of the session on the were GAIL Ltd (NS:), which rose 6.32% or 7.95 points to trade at 133.60 at the close. Meanwhile, State Bank Of India (NS:) added 3.47% or 9.75 points to end at 289.90 and Grasim Industries Ltd (NS:) was up 3.55% or 25.35 points to 734.95 in late trade.

The worst performers of the session were Bharti Infratel Ltd (NS:), which fell 5.25% or 10.15 points to trade at 183.20 at the close. Yes Bank Ltd (NS:) declined 3.61% or 2.10 points to end at 56.80 and Maruti Suzuki India Ltd. (NS:) was down 2.06% or 159.30 points to 7556.95.

The top performers on the BSE Sensex 30 were State Bank Of India (BO:) which rose 3.37% to 289.95, Tata Consultancy Services Ltd. (BO:) which was up 2.63% to settle at 2253.65 and ITC Ltd (BO:) which gained 2.43% to close at 259.40.

The worst performers were Yes Bank Ltd (BO:) which was down 2.41% to 56.80 in late trade, Maruti Suzuki India Ltd. (BO:) which lost 2.13% to settle at 7554.20 and IndusInd Bank Ltd. (BO:) which was down 1.49% to 1295.80 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 880 to 671 and 82 ended unchanged; on the Bombay Stock Exchange, 1319 rose and 1073 declined, while 159 ended unchanged.

Shares in Bharti Infratel Ltd (NS:) fell to 5-year lows; falling 5.25% or 10.15 to 183.20.

The , which measures the implied volatility of Nifty 50 options, was up 1.45% to 16.6575.

Gold Futures for December delivery was up 0.24% or 3.55 to $1494.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.02% or 0.01 to hit $55.53 a barrel, while the December Brent oil contract fell 0.45% or 0.28 to trade at $61.31 a barrel.

USD/INR was up 0.01% to 70.885, while EUR/INR rose 0.13% to 78.8520.

The US Dollar Index Futures was down 0.10% at 97.373.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.