India stocks higher at close of trade; Nifty 50 up 0.10%

Investing.com – India stocks were higher after the close on Wednesday, as gains in the , and sectors led shares higher.

At the close in NSE, the added 0.10%, while the index gained 0.05%.

The best performers of the session on the were NTPC Ltd (NS:), which rose 3.76% or 10.65 points to trade at 294.05 at the close. Meanwhile, Hero MotoCorp Ltd (NS:) added 2.88% or 107.85 points to end at 3,855.00 and Power Grid Corporation of India Ltd (NS:) was up 2.42% or 5.60 points to 236.95 in late trade.

The worst performers of the session were Tata Consultancy Services Ltd. (NS:), which fell 2.14% or 78.55 points to trade at 3,593.55 at the close. Infosys Ltd (NS:) declined 1.83% or 27.05 points to end at 1,449.00 and Axis Bank Ltd (NS:) was down 1.43% or 16.15 points to 1,114.85.

The top performers on the BSE Sensex 30 were NTPC Ltd (BO:) which rose 3.69% to 293.85, Power Grid Corporation of India Ltd (BO:) which was up 2.33% to settle at 236.85 and Mahindra & Mahindra Ltd. (BO:) which gained 2.02% to close at 1,667.15.

The worst performers were Tata Consultancy Services Ltd. (BO:) which was down 2.13% to 3,593.75 in late trade, Infosys Ltd (BO:) which lost 1.84% to settle at 1,448.90 and Axis Bank Ltd. (BO:) which was down 1.42% to 1,115.05 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1195 to 892 and 52 ended unchanged; on the Bombay Stock Exchange, 2092 rose and 1553 declined, while 109 ended unchanged.

Shares in NTPC Ltd (NS:) rose to all time highs; gaining 3.76% or 10.65 to 294.05. Shares in Hero MotoCorp Ltd (NS:) rose to 5-year highs; gaining 2.88% or 107.85 to 3,855.00. Shares in Power Grid Corporation of India Ltd (NS:) rose to all time highs; up 2.42% or 5.60 to 236.95. Shares in NTPC Ltd (BO:) rose to all time highs; rising 3.69% or 10.45 to 293.85. Shares in Power Grid Corporation of India Ltd (BO:) rose to all time highs; gaining 2.33% or 5.40 to 236.85.

The , which measures the implied volatility of Nifty 50 options, was down 5.09% to 12.06.

Gold Futures for February delivery was up 0.16% or 3.25 to $1,996.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.07% or 0.05 to hit $68.56 a barrel, while the February Brent oil contract fell 0.11% or 0.08 to trade at $73.16 a barrel.

USD/INR was up 0.01% to 83.40, while EUR/INR fell 0.14% to 89.89.

The US Dollar Index Futures was up 0.14% at 103.61.