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India stocks higher at close of trade; Nifty 50 up 0.94% By Investing.com

by Mike Robinson

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© Reuters India stocks higher at close of trade; Nifty 50 up 0.94%

Investing.com – India stocks were higher after the close on Wednesday, as gains in the , and sectors led shares higher.

NSE’s close saw an increase of 0.94% and the index rising 0.75%.

They were the top performers at the session Tata Motors Ltd (NS): The stock rose by 20.45% to 86.05 points, closing at 506.90. In the meantime Mahindra & Mahindra Ltd. (NS) gained 5.08%, or 45.25 point to close at 935.35. Tata Consumer Products Ltd. (NS) was up 3.92% or 32.00 to 848.15 late trade.

They were also the session’s worst performers Maruti Suzuki India Ltd. (NS), fell 2.5% or 215.65 points to trade at 7482.15.15 at the closing. Oil And Natural Gas Corporation Ltd. (NS) fell 2.17 percent or 3.55 to finish at 160.00 SBI Life Insurance Company Ltd (NS 🙂 dropped 1.56% to 1191.75, or 18.85 point.

The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:) which rose 5.17% to 935.55, Power Grid Corporation of India Ltd (BO:) which was up 3.41% to settle at 199.90 and ITC Ltd (BO:) which gained 3.34% to close at 249.35.

Maruti Suzuki India Ltd.(BO:), which fell 2.7% to 7484.35 late trade, Hindustan Unilever Ltd. [BO:] which dropped 1.05% to settle in 2646.85, and Nestle India Ltd. (“BO:”) which declined 0.64% towards 19290.55 by the end.

Indian National Stock Exchange: Rising stocks outnumbered decliners by 872 to 856, and 49 ended unaffected; Bombay Stock Exchange: 1633 rose while 1522 dropped, while 128 finished the same.

Tata Motors Ltd.’s shares rose 20.45% to 86.05 and 506.90 respectively. Shares in Mahindra & Mahindra Ltd. (NS:) rose to 3-years highs; rising 5.08% or 45.25 to 935.35. Shares in Mahindra & Mahindra Ltd. (BO:) rose to 3-years highs; rising 5.17% or 45.95 to 935.55. Power Grid Corporation of India Ltd. shares rose 52 weeks to their highest level; an increase of 3.41% (or 6.60 to 199.90). ITC Ltd (BO) shares rose to 52 week highs, up 3.34% (8.05 to 249.35).

The was up 1.59% from 16.1000.

The December delivery of Gold Futures was higher by 0.67%, or 11.75 to $1771.05 per troy ounce. Other commodities traded included Crude oil, which fell 0.47 percent to reach $80.17/barrel in November. The December Brent oil contract, however, fell 0.51 percent to trade at $82.91/barrel.

USD/INR declined 0.11% from 75.382 to 75.382, while EUR/INR rose by 0.22% at 87.1840.

US Dollar Index Futures were down 0.2% at 94.267.

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