Investing.com – India stocks were higher after the close on Wednesday, as gains in the Banking, Carbon and Public Sector Undertakings sectors led shares higher.
At the close in NSE, the Nifty 50 added 1.24%, while the BSE Sensex 30 index climbed 1.43%.
The best performers of the session on the Nifty 50 were AXIS Bank Ltd (NS:AXBK), which rose 6.34% or 25.80 points to trade at 432.45 at the close. Meanwhile, UPL Ltd (NS:UPLL) added 5.27% or 22.40 points to end at 447.60 and Bajaj Finserv Ltd (NS:BJFS) was up 5.20% or 303.70 points to 6148.85 in late trade.
The worst performers of the session were NTPC Ltd (NS:NTPC), which fell 2.14% or 2.05 points to trade at 93.75 at the close. Nestle India Ltd (NS:NEST) declined 2.06% or 354.45 points to end at 16820.00 and Larsen & Toubro Ltd (NS:LART) was down 1.99% or 18.80 points to 924.85.
The top performers on the BSE Sensex 30 were AXIS Bank Ltd. (BO:AXBK) which rose 6.58% to 433.25, Bajaj Finserv Ltd (BO:BJFS) which was up 5.25% to settle at 6147.00 and Housing Development Finance Corporation Ltd (BO:HDFC) which gained 4.49% to close at 1833.40.
The worst performers were Mahindra & Mahindra Ltd. (BO:MAHM) which was down 2.18% to 499.55 in late trade, NTPC Ltd (BO:NTPC) which lost 2.14% to settle at 93.80 and Larsen & Toubro Ltd (BO:LART) which was down 2.10% to 924.25 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 856 to 761 and 51 ended unchanged; on the Bombay Stock Exchange, 1400 rose and 1210 declined, while 105 ended unchanged.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.43% to 28.1175 a new 3-months low.
Gold Futures for August delivery was down 0.38% or 6.85 to $1793.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 2.16% or 0.85 to hit $40.12 a barrel, while the September Brent oil contract rose 2.11% or 0.87 to trade at $42.14 a barrel.
USD/INR was up 0.05% to 75.577, while EUR/INR fell 0.19% to 84.6760.
The US Dollar Index Futures was up 0.12% at 97.463.