Investing.com – India stocks were higher after the close on Wednesday, as gains in the IT, Public Sector Undertakings and Fast Moving Consumer Goods sectors led shares higher.
At the close in NSE, the Nifty 50 gained 0.02% to hit a new all time high, while the BSE Sensex 30 index added 0.06%.
The best performers of the session on the Nifty 50 were State Bank Of India (NS:SBI), which rose 3.71% or 11.80 points to trade at 329.90 at the close. Meanwhile, GAIL Ltd (NS:GAIL) added 2.89% or 13.60 points to end at 484.95 and Tech Mahindra Ltd (NS:TEML) was up 2.55% or 15.00 points to 603.15 in late trade.
The worst performers of the session were Bharti Airtel Ltd. (NS:BRTI), which fell 7.22% or 35.55 points to trade at 459.50 at the close. Tata Motors Ltd (NS:TAMO) declined 3.36% or 14.05 points to end at 403.60 and ICICI Bank Ltd (NS:ICBK) was down 2.51% or 9.10 points to 352.75.
The top performers on the BSE Sensex 30 were State Bank Of India (BO:SBI) which rose 3.62% to 329.50, Gail (India) Ltd. (BO:GAIL) which was up 2.59% to settle at 484.60 and Adani Port and Special Economic Zone Ltd (BO:APSE) which gained 2.46% to close at 448.20.
The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 6.51% to 458.95 in late trade, Tata Motors Ltd (BO:TAMO) which lost 3.46% to settle at 403.60 and ICICI Bank Ltd (BO:ICBK) which was down 2.60% to 352.65 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1157 to 446 and 32 ended unchanged; on the Bombay Stock Exchange, 1859 fell and 958 advanced, while 124 ended unchanged.
Shares in Tech Mahindra Ltd (NS:TEML) rose to 52-week highs; rising 2.55% or 15.00 to 603.15. Shares in Adani Port and Special Economic Zone Ltd (BO:APSE) rose to all time highs; up 2.46% or 10.75 to 448.20.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 11.19% to 18.0400 a new 52-week high.
Gold Futures for February delivery was up 0.99% or 13.20 to $1349.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.22% or 0.14 to hit $64.61 a barrel, while the March Brent oil contract fell 0.19% or 0.13 to trade at $69.83 a barrel.
USD/INR was down 0.12% to 63.684, while EUR/INR rose 0.24% to 78.6109.
The US Dollar Index Futures was down 0.47% at 89.46.