India stocks higher at close of trade; Nifty 50 up 0.95% By

© Reuters. India stocks higher at close of trade; Nifty 50 up 0.95% – 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 0.95%, while the index gained 0.96%.

The best performers of the session on the were Vedanta Ltd (NS:), which rose 4.11% or 5.75 points to trade at 146.55 at the close. Meanwhile, UPL Ltd (NS:) added 4.73% or 23.80 points to end at 527.20 and Bajaj Finserv Ltd (NS:) was up 4.57% or 323.85 points to 7415.20 in late trade.

The worst performers of the session were Sun Pharmaceutical Industries Ltd. (NS:), which fell 5.03% or 22.10 points to trade at 417.15 at the close. Indiabulls Housing Finance Ltd (NS:) declined 4.96% or 28.45 points to end at 551.35 and Wipro Ltd (NS:) was down 2.86% or 7.40 points to 251.05.

The top performers on the BSE Sensex 30 were Vedanta Ltd (BO:) which rose 4.87% to 146.55, Tata Steel Ltd (BO:) which was up 4.61% to settle at 364.45 and Yes Bank Ltd (BO:) which gained 4.01% to close at 76.55.

The worst performers were Sun Pharmaceutical Industries Ltd. (BO:) which was down 4.69% to 417.05 in late trade, Kotak Mahindra Bank Ltd. (BO:) which lost 1.27% to settle at 1492.65 and Oil And Natural Gas Corporation Ltd (BO:) which was down 1.21% to 126.75 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 856 to 698 and 69 ended unchanged; on the Bombay Stock Exchange, 1258 rose and 1123 declined, while 133 ended unchanged.

Shares in Oil And Natural Gas Corporation Ltd (BO:) fell to 5-year lows; down 1.21% or 1.55 to 126.75.

The , which measures the implied volatility of Nifty 50 options, was down 7.99% to 16.3575.

Gold Futures for December delivery was up 0.29% or 4.45 to $1518.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.58% or 0.90 to hit $56.20 a barrel, while the October Brent oil contract fell 1.26% or 0.77 to trade at $60.53 a barrel.

USD/INR was down 0.10% to 71.335, while EUR/INR rose 0.04% to 79.7810.

The US Dollar Index Futures was down 0.10% at 97.537.

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