Investing.com – India equities were higher at the close on Wednesday, as gains in the Public Sector Undertakings, IT and Technology sectors propelled shares higher.
At the close in NSE, the Nifty 50 gained 0.49% to hit a new 3-month high, while the BSE Sensex 30 index added 0.55%.
The biggest gainers of the session on the Nifty 50 were GAIL Ltd (NS:GAIL), which rose 6.32% or 7.95 points to trade at 133.60 at the close. State Bank Of India (NS:SBI) added 3.47% or 9.75 points to end at 289.90 and Grasim Industries Ltd (NS:GRAS) was up 3.55% or 25.35 points to 734.95 in late trade.
Biggest losers included Bharti Infratel Ltd (NS:BHRI), which lost 5.25% or 10.15 points to trade at 183.20 in late trade. Yes Bank Ltd (NS:YESB) declined 3.61% or 2.10 points to end at 56.80 and Maruti Suzuki India Ltd. (NS:MRTI) shed 2.06% or 159.30 points to 7556.95.
The top performers on the BSE Sensex 30 were State Bank Of India (BO:SBI) which rose 3.37% to 289.95, Tata Consultancy Services Ltd. (BO:TCS) which was up 2.63% to settle at 2253.65 and ITC Ltd (BO:ITC) which gained 2.43% to close at 259.40.
The worst performers were Yes Bank Ltd (BO:YESB) which was down 2.41% to 56.80 in late trade, Maruti Suzuki India Ltd. (BO:MRTI) which lost 2.13% to settle at 7554.20 and IndusInd Bank Ltd. (BO:INBK) which was down 1.49% to 1295.80 at the close.
Advancing stocks outnumbered falling ones by 880 to 671 and 82 ended unchanged; on the Bombay Stock Exchange, 1319 rose and 1073 declined, while 159 ended unchanged on the India National Stock Exchange.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.45% to 16.6575.
In commodities trading, Gold Futures for December delivery was up 0.24% or 3.55 to $1494.25 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.02% or 0.01 to hit $55.53 a barrel, while the December Brent oil contract fell 0.45% or 0.28 to trade at $61.31 a barrel.
USD/INR was up 0.01% to 70.885, while EUR/INR rose 0.13% to 78.8520.
The US Dollar Index Futures was down 0.10% at 97.373.