Investing.com – India stocks were higher after the close on Wednesday, as gains in the Real Estate, Banking and Auto sectors led shares higher.
At the close in NSE, the Nifty 50 rose 1.00% to hit a new 1-month high, while the BSE Sensex 30 index gained 1.28%.
The best performers of the session on the Nifty 50 were HDFC Life Insurance Company Ltd (NS:HDFL), which rose 3.50% or 18.30 points to trade at 541.30 at the close. Meanwhile, Bajaj Finserv Ltd (NS:BJFS) added 3.29% or 543.35 points to end at 17,045.05 and Tata Consumer Products Ltd (NS:TACN) was up 3.05% or 22.65 points to 765.85 in late trade.
The worst performers of the session were Oil And Natural Gas Corporation Ltd (NS:ONGC), which fell 5.26% or 9.00 points to trade at 162.00 at the close. Hindalco Industries Ltd. (NS:HALC) declined 4.99% or 31.50 points to end at 599.80 and JSW Steel Ltd (NS:JSTL) was down 4.82% or 36.35 points to 717.55.
The top performers on the BSE Sensex 30 were Bajaj Finserv Ltd (BO:BJFS) which rose 3.82% to 17,127.50, Bajaj Finance Ltd (BO:BJFN) which was up 3.09% to settle at 7,254.00 and Mahindra & Mahindra Ltd. (BO:MAHM) which gained 2.81% to close at 794.95.
The worst performers were ITC Ltd (BO:ITC) which was down 2.16% to 249.15 in late trade, Tata Steel Ltd (BO:TISC) which lost 1.98% to settle at 1,307.95 and Tech Mahindra Ltd (BO:TEML) which was down 1.69% to 1,496.15 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 1188 to 638 and 26 ended unchanged; on the Bombay Stock Exchange, 2032 rose and 1255 declined, while 102 ended unchanged.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.25% to 20.61 a new 1-month low.
Gold Futures for April delivery was up 0.34% or 6.45 to $1,918.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 1.90% or 1.98 to hit $106.22 a barrel, while the June Brent oil contract rose 1.87% or 2.01 to trade at $109.72 a barrel.
USD/INR was up 0.37% to 75.97, while EUR/INR rose 0.77% to 84.50.
The US Dollar Index Futures was down 0.39% at 98.06.