India stocks higher at close of trade; Nifty 50 up 1.00%

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 1.00% to hit a new all time high, while the index climbed 0.98%.

The best performers of the session on the were UltraTech Cement Ltd (NS:), which rose 4.50% or 451.30 points to trade at 10,469.95 at the close. Meanwhile, Hindalco Industries Ltd. (NS:) added 4.44% or 25.75 points to end at 605.60 and Bajaj Auto Ltd (NS:) was up 3.79% or 245.10 points to 6,709.65 in late trade.

The worst performers of the session were NTPC Ltd (NS:), which fell 1.15% or 3.55 points to trade at 306.05 at the close. Oil And Natural Gas Corporation Ltd (NS:) declined 0.87% or 1.80 points to end at 205.55 and Adani Enterprises Ltd (NS:) was down 0.77% or 22.10 points to 2,843.35.

The top performers on the BSE Sensex 30 were UltraTech Cement Ltd (BO:) which rose 4.23% to 10,445.15, Bharti Airtel Ltd (BO:) which was up 2.15% to settle at 1,020.95 and State Bank Of India (BO:) which gained 1.63% to close at 648.35.

The worst performers were NTPC Ltd (BO:) which was down 1.21% to 305.95 in late trade, Tech Mahindra Ltd (BO:) which lost 0.16% to settle at 1,279.10 and Maruti Suzuki India Ltd. (BO:) which was down 0.03% to 10,271.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1058 to 1044 and 53 ended unchanged; on the Bombay Stock Exchange, 1877 rose and 1793 declined, while 107 ended unchanged.

Shares in UltraTech Cement Ltd (NS:) rose to all time highs; up 4.50% or 451.30 to 10,469.95. Shares in Hindalco Industries Ltd. (NS:) rose to 52-week highs; up 4.44% or 25.75 to 605.60. Shares in Bajaj Auto Ltd (NS:) rose to all time highs; up 3.79% or 245.10 to 6,709.65. Shares in UltraTech Cement Ltd (BO:) rose to all time highs; gaining 4.23% or 424.10 to 10,445.15.

The , which measures the implied volatility of Nifty 50 options, was up 6.00% to 15.56 a new 6-months high.

Gold Futures for February delivery was up 0.25% or 5.25 to $2,075.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.61% or 0.46 to hit $75.11 a barrel, while the March Brent oil contract fell 0.47% or 0.38 to trade at $80.47 a barrel.

USD/INR was up 0.14% to 83.34, while EUR/INR rose 0.50% to 92.13.

The US Dollar Index Futures was down 0.03% at 101.07.