India stocks higher at close of trade; Nifty 50 up 0.82% By Investing.com

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 rose 0.82%, while the index added 0.84%.

The best performers of the session on the were Power Grid Corporation of India Ltd (NS:), which rose 3.46% or 7.20 points to trade at 215.55 at the close. Meanwhile, AXIS Bank Ltd (NS:) added 2.95% or 23.15 points to end at 808.70 and Coal India Ltd (NS:) was up 2.95% or 6.65 points to 232.10 in late trade.

The worst performers of the session were Adani Enterprises Ltd (NS:), which fell 1.54% or 50.30 points to trade at 3,223.65 at the close. Asian Paints Ltd. (NS:) declined 1.53% or 50.50 points to end at 3,248.20 and Dr. Reddy’s Laboratories Ltd (NS:) was down 0.97% or 41.60 points to 4,241.15.

The top performers on the BSE Sensex 30 were Power Grid Corporation of India Ltd (BO:) which rose 3.50% to 215.60, AXIS Bank Ltd. (BO:) which was up 2.89% to settle at 808.40 and NTPC Ltd (BO:) which gained 2.42% to close at 164.90.

The worst performers were Asian Paints Ltd. (BO:) which was down 1.60% to 3,247.60 in late trade, Dr. Reddy’s Laboratories Ltd (BO:) which lost 0.92% to settle at 4,244.00 and Bharti Airtel Ltd (BO:) which was down 0.60% to 775.40 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 995 to 833 and 56 ended unchanged; on the Bombay Stock Exchange, 1710 fell and 1576 advanced, while 130 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 1.54% to 20.17.

Gold Futures for December delivery was down 0.56% or 9.45 to $1,676.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.29% or 0.26 to hit $89.61 a barrel, while the December Brent oil contract rose 0.54% or 0.51 to trade at $94.80 a barrel.

USD/INR was up 0.04% to 82.29, while EUR/INR rose 0.13% to 79.92.

The US Dollar Index Futures was down 0.05% at 113.07.