Investing.com – India equities were higher at the close on Wednesday, as gains in the Fast Moving Consumer Goods, Banking and IT sectors propelled shares higher.
At the close in NSE, the Nifty 50 added 0.77%, while the BSE Sensex 30 index gained 0.85%.
The biggest gainers of the session on the Nifty 50 were Hindustan Unilever Ltd. (NS:HLL), which rose 5.08% or 109.35 points to trade at 2262.00 at the close. Kotak Mahindra Bank Ltd. (NS:KTKM) added 2.15% or 36.05 points to end at 1713.50 and Eicher Motors Ltd. (NS:EICH) was up 1.85% or 350.75 points to 19360.00 in late trade.
Biggest losers included Yes Bank Ltd (NS:YESB), which lost 4.48% or 1.65 points to trade at 35.20 in late trade. Bharti Infratel Ltd (NS:BHRI) declined 1.47% or 3.65 points to end at 245.15 and State Bank Of India (NS:SBI) shed 1.22% or 3.95 points to 320.40.
The top performers on the BSE Sensex 30 were Hindustan Unilever Ltd. (BO:HLL) which rose 5.00% to 2260.45, Kotak Mahindra Bank Ltd. (BO:KTKM) which was up 2.24% to settle at 1714.75 and Nestle India Ltd (BO:NEST) which gained 1.84% to close at 16289.75.
The worst performers were State Bank Of India (BO:SBI) which was down 1.34% to 320.00 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 1.16% to settle at 1277.20 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 0.96% to 414.40 at the close.
Declining stocks outnumbered rising ones by 947 to 578 and 90 ended unchanged; on the Bombay Stock Exchange, 1448 fell and 936 advanced, while 168 ended unchanged on the India National Stock Exchange.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.86% to 13.6225 a new 1-month low.
In commodities trading, Gold Futures for April delivery was up 0.02% or 0.35 to $1570.45 a troy ounce. Meanwhile, Crude oil for delivery in March rose 1.52% or 0.76 to hit $50.70 a barrel, while the April Brent oil contract rose 1.93% or 1.04 to trade at $55.05 a barrel.
USD/INR was up 0.09% to 71.347, while EUR/INR rose 0.14% to 77.9005.
The US Dollar Index Futures was up 0.01% at 98.602.