© Reuters. India stocks higher at close of trade; Nifty 50 up 0.43%

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 added 0.43%, while the index added 0.40%.

The best performers of the session on the were Vedanta Ltd (NS:), which rose 5.08% or 8.65 points to trade at 177.85 at the close. Meanwhile, Power Grid Corporation of India Ltd (NS:) added 3.52% or 7.10 points to end at 209.65 and JSW Steel Ltd (NS:) was up 4.03% or 10.75 points to 277.15 in late trade.

The worst performers of the session were Britannia Industries Ltd (NS:), which fell 2.80% or 78.70 points to trade at 2732.90 at the close. Indiabulls Housing Finance Ltd (NS:) declined 1.74% or 10.80 points to end at 612.25 and Infosys Ltd (NS:) was down 1.16% or 8.70 points to 739.20.

The top performers on the BSE Sensex 30 were Vedanta Ltd (BO:) which rose 4.40% to 177.85, Power Grid Corporation of India Ltd (BO:) which was up 4.12% to settle at 209.85 and Sun Pharmaceutical Industries Ltd. (BO:) which gained 3.59% to close at 399.30.

The worst performers were Infosys Ltd (BO:) which was down 1.12% to 739.65 in late trade, IndusInd Bank Ltd. (BO:) which lost 1.02% to settle at 1435.30 and Tech Mahindra Ltd (BO:) which was down 0.87% to 718.20 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 966 to 603 and 75 ended unchanged; on the Bombay Stock Exchange, 1388 rose and 1011 declined, while 156 ended unchanged.

Shares in Power Grid Corporation of India Ltd (NS:) rose to 52-week highs; rising 3.52% or 7.10 to 209.65. Shares in Power Grid Corporation of India Ltd (BO:) rose to 52-week highs; rising 4.12% or 8.30 to 209.85.

The , which measures the implied volatility of Nifty 50 options, was down 1.73% to 14.7500.

Gold Futures for August delivery was down 0.56% or 7.90 to $1410.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 1.61% or 0.93 to hit $58.76 a barrel, while the September Brent oil contract rose 0.93% or 0.60 to trade at $64.88 a barrel.

USD/INR was down 0.17% to 69.193, while EUR/INR fell 0.20% to 78.6125.

The US Dollar Index Futures was up 0.09% at 95.738.

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