Investing.com – India stocks were higher after the close on Wednesday, as gains in the Metals, Public Sector Undertakings and Oil & Gas sectors led shares higher.
At the close in NSE, the Nifty 50 rose 1.01%, while the BSE Sensex 30 index gained 0.98%.
The best performers of the session on the Nifty 50 were Hindalco Industries Ltd. (NS:HALC), which rose 4.68% or 25.35 points to trade at 566.75 at the close. Meanwhile, Dr Reddy’s Laboratories Ltd (NS:REDY) added 3.96% or 224.60 points to end at 5,899.00 and Tata Steel Ltd (NS:TISC) was up 3.88% or 5.05 points to 135.15 in late trade.
The worst performers of the session were ICICI Bank Ltd (NS:ICBK), which fell 2.97% or 30.55 points to trade at 998.50 at the close. Axis Bank Ltd (NS:AXBK) declined 2.80% or 30.50 points to end at 1,058.75 and Asian Paints Ltd. (NS:ASPN) was down 1.74% or 53.10 points to 3,001.60.
The top performers on the BSE Sensex 30 were Dr Reddy’s Laboratories Ltd (BO:REDY) which rose 4.14% to 5,903.35, Tata Steel Ltd (BO:TISC) which was up 3.88% to settle at 135.15 and HCL Technologies Ltd (BO:HCLT) which gained 3.44% to close at 1,575.20.
The worst performers were ICICI Bank Ltd (BO:ICBK) which was down 2.94% to 999.20 in late trade, Axis Bank Ltd. (BO:AXBK) which lost 2.62% to settle at 1,060.35 and Asian Paints Ltd. (BO:ASPN) which was down 1.91% to 2,999.55 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 1473 to 650 and 45 ended unchanged; on the Bombay Stock Exchange, 2347 rose and 1317 declined, while 81 ended unchanged.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.21% to 14.38.
Gold Futures for February delivery was up 0.26% or 5.30 to $2,031.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.70% or 0.52 to hit $74.89 a barrel, while the March Brent oil contract rose 0.57% or 0.45 to trade at $80.00 a barrel.
USD/INR was down 0.01% to 83.14, while EUR/INR rose 0.37% to 90.60.
The US Dollar Index Futures was down 0.47% at 102.92.