© Reuters. India stocks higher at close of trade; Nifty 50 up 0.05%

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 gained 0.05%, while the index climbed 0.06%.

The best performers of the session on the were Indiabulls Housing Finance Ltd (NS:), which rose 7.50% or 48.20 points to trade at 690.95 at the close. Meanwhile, IndusInd Bank Ltd. (NS:) added 3.99% or 56.45 points to end at 1470.60 and Zee Entertainment Enterprises Ltd. (NS:) was up 1.19% or 4.25 points to 360.90 in late trade.

The worst performers of the session were Eicher Motors Ltd. (NS:), which fell 2.74% or 551.90 points to trade at 19650.10 at the close. GAIL Ltd (NS:) declined 1.91% or 5.95 points to end at 305.25 and Tech Mahindra Ltd (NS:) was down 1.44% or 10.25 points to 701.10.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:) which rose 3.79% to 1470.15, ITC Ltd (BO:) which was up 1.08% to settle at 276.70 and Larsen & Toubro Ltd (BO:) which gained 0.93% to close at 1577.90.

The worst performers were Tech Mahindra Ltd (BO:) which was down 1.44% to 701.15 in late trade, Vedanta Ltd (BO:) which lost 1.32% to settle at 172.45 and Infosys Ltd (BO:) which was down 1.14% to 731.50 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 832 to 721 and 79 ended unchanged; on the Bombay Stock Exchange, 1263 rose and 1126 declined, while 163 ended unchanged.

Shares in GAIL Ltd (NS:) fell to 52-week lows; falling 1.91% or 5.95 to 305.25.

The , which measures the implied volatility of Nifty 50 options, was down 3.89% to 13.6950 a new 6-months low.

Gold Futures for August delivery was up 1.44% or 20.25 to $1428.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.96% or 0.54 to hit $56.79 a barrel, while the September Brent oil contract rose 1.06% or 0.66 to trade at $63.06 a barrel.

USD/INR was up 0.02% to 68.895, while EUR/INR rose 0.15% to 77.8340.

The US Dollar Index Futures was down 0.03% at 96.248.

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