Investing.com – India stocks were higher after the close on Wednesday, as gains in the Real Estate, Metals and Fast Moving Consumer Goods sectors led shares higher.
At the close in NSE, the Nifty 50 rose 0.75% to hit a new 3-months high, while the BSE Sensex 30 index climbed 0.84%.
The best performers of the session on the Nifty 50 were TATA STEEL LIMITED (NS:TISC), which rose 3.59% or 17.35 points to trade at 500.05 at the close. Meanwhile, Hindalco Industries Ltd. (NS:HALC) added 3.15% or 5.80 points to end at 190.15 and Kotak Mahindra Bank Ltd. (NS:KTKM) was up 2.72% or 21.85 points to 823.95 in late trade.
The worst performers of the session were Idea Cellular Ltd (NS:IDEA), which fell 2.72% or 3.15 points to trade at 112.70 at the close. Eicher Motors Ltd. (NS:EICH) declined 1.87% or 451.10 points to end at 23679.00 and NTPC Limited (NS:NTPC) was down 1.75% or 2.85 points to 160.10.
The top performers on the BSE Sensex 30 were TATA STEEL LIMITED (BO:TISC) which rose 3.66% to 500.30, Mahindra & Mahindra Ltd. (BO:MAHM) which was up 3.13% to settle at 1347.80 and Dr. Reddy's Laboratories Ltd. (BO:REDY) which gained 2.56% to close at 2927.10.
The worst performers were Gail (India) Ltd. (BO:GAIL) which was down 1.93% to 507.10 in late trade, NTPC Limited (BO:NTPC) which lost 1.87% to settle at 160.05 and Tata Motors Ltd. (BO:TAMO) which was down 1.55% to 449.10 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 908 to 596 and 61 ended unchanged; on the Bombay Stock Exchange, 1600 rose and 1170 declined, while 182 ended unchanged.
Shares in TATA STEEL LIMITED (NS:TISC) rose to 52-week highs; gaining 3.59% or 17.35 to 500.05. Shares in Kotak Mahindra Bank Ltd. (NS:KTKM) rose to 52-week highs; up 2.72% or 21.85 to 823.95. Shares in TATA STEEL LIMITED (BO:TISC) rose to 52-week highs; up 3.66% or 17.65 to 500.30.
The India Vix, which measures the implied volatility of Nifty 50 options, was down 1.58% to 13.5750.
Gold Futures for April delivery was down 0.66% or 8.25 to $1245.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.43% or 0.23 to hit $54.24 a barrel, while the May Brent oil contract rose 0.57% or 0.32 to trade at $56.83 a barrel.
USD/INR was up 0.11% to 66.835, while EUR/INR fell 0.20% to 70.4282.
The US Dollar Index Futures was up 0.38% at 101.72.