Investing.com – India equities were higher at the close on Wednesday, as gains in the Banking, Technology and IT sectors propelled shares higher.
At the close in NSE, the Nifty 50 added 0.53% to hit a new all time high, while the BSE Sensex 30 index climbed 0.55%.
The biggest gainers of the session on the Nifty 50 were Bajaj Auto Ltd (NS:BAJA), which rose 3.04% or 254.05 points to trade at 8,605.80 at the close. Kotak Mahindra Bank Ltd. (NS:KTKM) added 2.56% or 44.00 points to end at 1,759.70 and Axis Bank Ltd (NS:AXBK) was up 2.20% or 24.20 points to 1,125.00 in late trade.
Biggest losers included Adani Enterprises Ltd (NS:ADEL), which lost 2.30% or 76.25 points to trade at 3,233.95 in late trade. UltraTech Cement Ltd (NS:ULTC) declined 2.01% or 197.30 points to end at 9,641.05 and NTPC Ltd (NS:NTPC) shed 1.76% or 6.30 points to 351.95.
The top performers on the BSE Sensex 30 were Kotak Mahindra Bank Ltd. (BO:KTKM) which rose 2.45% to 1,758.00, Bharti Airtel Ltd (BO:BRTI) which was up 2.23% to settle at 1,194.75 and Axis Bank Ltd. (BO:AXBK) which gained 2.07% to close at 1,123.50.
The worst performers were UltraTech Cement Ltd (BO:ULTC) which was down 1.91% to 9,651.55 in late trade, NTPC Ltd (BO:NTPC) which lost 1.74% to settle at 352.00 and Maruti Suzuki India Ltd. (BO:MRTI) which was down 0.82% to 11,574.00 at the close.
Declining stocks outnumbered rising ones by 1842 to 335 and 26 ended unchanged; on the Bombay Stock Exchange, 2902 fell and 813 advanced, while 75 ended unchanged on the India National Stock Exchange.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.59% to 14.30 a new 1-month low.
In commodities trading, Gold Futures for April delivery was down 0.30% or 6.45 to $2,135.45 a troy ounce. Meanwhile, Crude oil for delivery in April rose 1.02% or 0.80 to hit $78.95 a barrel, while the May Brent oil contract rose 0.77% or 0.63 to trade at $82.67 a barrel.
USD/INR was down 0.04% to 82.86, while EUR/INR rose 0.13% to 90.13.
The US Dollar Index Futures was down 0.18% at 103.57.