India stocks higher at close of trade; Nifty 50 up 1.68%

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© Reuters. India stocks higher at close of trade; Nifty 50 up 1.68%© Reuters. India stocks higher at close of trade; Nifty 50 up 1.68% – India stocks were higher after the close on Wednesday, as gains in the , and sectors led shares higher.

At the close in NSE, the gained 1.68%, while the index added 1.72%.

The best performers of the session on the were IndusInd Bank Ltd. (NS:), which rose 5.52% or 68.45 points to trade at 1308.65 at the close. Meanwhile, Bharti Airtel Ltd. (NS:) added 5.23% or 17.85 points to end at 359.40 and ICICI Bank Ltd (NS:) was up 4.90% or 20.40 points to 436.70 in late trade.

The worst performers of the session were Yes Bank Ltd (NS:), which fell 5.15% or 2.35 points to trade at 43.25 at the close. Hero MotoCorp Ltd (NS:) declined 2.80% or 75.00 points to end at 2604.35 and Titan Company Ltd (NS:) was down 2.27% or 28.60 points to 1230.30.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:) which rose 5.45% to 1309.50, Bharti Airtel Ltd (BO:) which was up 5.20% to settle at 359.25 and ICICI Bank Ltd (BO:) which gained 4.88% to close at 436.60.

The worst performers were Yes Bank Ltd (BO:) which was down 5.26% to 43.20 in late trade, Hero MotoCorp Ltd (BO:) which lost 2.65% to settle at 2603.80 and HCL Technologies Ltd (BO:) which was down 2.16% to 1050.90 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 833 to 736 and 63 ended unchanged; on the Bombay Stock Exchange, 1220 rose and 1180 declined, while 160 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 3.79% to 17.1550.

Gold Futures for December delivery was up 0.28% or 4.25 to $1508.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.82% or 0.43 to hit $53.06 a barrel, while the December Brent oil contract rose 0.84% or 0.49 to trade at $58.73 a barrel.

USD/INR was down 0.27% to 71.019, while EUR/INR fell 0.04% to 77.9755.

The US Dollar Index Futures was down 0.09% at 98.732.

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