India stocks higher at close of trade; Nifty 50 up 0.41%

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India stocks higher at close of trade; Nifty 50 up 0.41%India stocks higher at close of trade; Nifty 50 up 0.41% – 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 0.41% to hit a new 3-months high, while the index added 0.55%.

The best performers of the session on the were Cipla Ltd. (NS:), which rose 3.02% or 14.15 points to trade at 480.85 at the close. Meanwhile, ICICI Bank Ltd (NS:) added 2.49% or 11.65 points to end at 480.70 and Infosys Ltd (NS:) was up 2.36% or 16.40 points to 712.30 in late trade.

The worst performers of the session were Titan Company Ltd (NS:), which fell 10.09% or 129.50 points to trade at 1156.10 at the close. Bharti Airtel Ltd. (NS:) declined 3.44% or 13.20 points to end at 371.45 and Oil And Natural Gas Corporation Ltd (NS:) was down 1.26% or 1.85 points to 144.65.

The top performers on the BSE Sensex 30 were ICICI Bank Ltd (BO:) which rose 2.64% to 480.60, Infosys Ltd (BO:) which was up 2.37% to settle at 712.30 and Housing Development Finance Corporation Ltd (BO:) which gained 1.78% to close at 2220.30.

The worst performers were Bharti Airtel Ltd (BO:) which was down 3.31% to 371.55 in late trade, Reliance Industries Ltd (BO:) which lost 1.07% to settle at 1432.10 and Bajaj Finance Ltd (BO:) which was down 1.04% to 4185.90 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 809 to 741 and 67 ended unchanged; on the Bombay Stock Exchange, 1226 fell and 1167 advanced, while 180 ended unchanged.

Shares in ICICI Bank Ltd (NS:) rose to all time highs; rising 2.49% or 11.65 to 480.70. Shares in ICICI Bank Ltd (BO:) rose to all time highs; rising 2.64% or 12.35 to 480.60.

The , which measures the implied volatility of Nifty 50 options, was down 0.90% to 15.7750.

Gold Futures for December delivery was up 0.32% or 4.75 to $1488.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.45% or 0.26 to hit $56.97 a barrel, while the January Brent oil contract fell 0.59% or 0.37 to trade at $62.59 a barrel.

USD/INR was up 0.35% to 71.019, while EUR/INR rose 0.47% to 78.7365.

The US Dollar Index Futures was down 0.17% at 97.640.

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