Investing.com – India equities were higher at the close on Wednesday, as gains in the Real Estate, Metals and Fast Moving Consumer Goods sectors propelled shares higher.
At the close in NSE, the Nifty 50 added 0.75% to hit a new 3-month high, while the BSE Sensex 30 index gained 0.84%.
The biggest gainers 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. 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.
Biggest losers included Idea Cellular Ltd (NS:IDEA), which lost 2.72% or 3.15 points to trade at 112.70 in late trade. Eicher Motors Ltd. (NS:EICH) declined 1.87% or 451.10 points to end at 23679.00 and NTPC Limited (NS:NTPC) shed 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.
Advancing stocks outnumbered falling ones by 908 to 596 and 61 ended unchanged; on the Bombay Stock Exchange, 1600 rose and 1170 declined, while 182 ended unchanged on the India National Stock Exchange.
The India Vix, which measures the implied volatility of Nifty 50 options, was down 1.58% to 13.5750.
In commodities trading, Gold Futures for April delivery was down 0.64% or 8.05 to $1245.85 a troy ounce. Meanwhile, Crude oil for delivery in April rose 0.41% or 0.22 to hit $54.23 a barrel, while the May Brent oil contract rose 0.53% or 0.30 to trade at $56.81 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 101.71.