Investing.com – India stocks were higher after the close on Wednesday, as gains in the Power, Oil & Gas and IT sectors led shares higher.
At the close in NSE, the Nifty 50 added 0.40% to hit a new all time high, while the BSE Sensex 30 index added 0.52%.
The best performers of the session on the Nifty 50 were Wipro Ltd (NS:WIPR), which rose 3.56% or 14.40 points to trade at 418.75 at the close. Meanwhile, LTIMindtree Ltd (NS:LTIM) added 2.85% or 156.35 points to end at 5,644.00 and ITC Ltd (NS:ITC) was up 2.55% or 11.50 points to 463.25 in late trade.
The worst performers of the session were Adani Enterprises Ltd (NS:ADEL), which fell 2.55% or 75.40 points to trade at 2,883.95 at the close. Eicher Motors Ltd. (NS:EICH) declined 2.16% or 89.50 points to end at 4,047.00 and Cipla Ltd. (NS:CIPL) was down 1.57% or 19.25 points to 1,205.20.
The top performers on the BSE Sensex 30 were Wipro Ltd (BO:WIPR) which rose 3.60% to 418.85, ITC Ltd (BO:ITC) which was up 2.51% to settle at 463.00 and Larsen & Toubro Ltd (BO:LART) which gained 2.31% to close at 3,391.60.
The worst performers were NTPC Ltd (BO:NTPC) which was down 1.58% to 281.00 in late trade, Axis Bank Ltd. (BO:AXBK) which lost 1.16% to settle at 1,119.00 and UltraTech Cement Ltd (BO:ULTC) which was down 1.04% to 9,229.95 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 1056 to 1039 and 47 ended unchanged; on the Bombay Stock Exchange, 1830 rose and 1781 declined, while 139 ended unchanged.
Shares in LTIMindtree Ltd (NS:LTIM) rose to 52-week highs; gaining 2.85% or 156.35 to 5,644.00. Shares in Larsen & Toubro Ltd (BO:LART) rose to all time highs; gaining 2.31% or 76.45 to 3,391.60.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.10% to 13.74 a new 6-months high.
Gold Futures for February delivery was up 0.18% or 3.60 to $2,039.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.20% or 0.87 to hit $71.45 a barrel, while the February Brent oil contract fell 1.11% or 0.86 to trade at $76.34 a barrel.
USD/INR was down 0.02% to 83.34, while EUR/INR fell 0.12% to 89.92.
The US Dollar Index Futures was down 0.03% at 103.96.