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India stocks higher at close of trade; Nifty 50 up 2.07% -Breaking

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© Reuters India stocks higher at close of trade; Nifty 50 up 2.07%

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

The index rose 2.29% at the NSE close.

They were the top performers at the session Asian Paints Ltd. (NS): Traded at 2,874.95 by the close, up 5.56% or 151.5 points Meanwhile, Reliance Industries Ltd (NS) gained 5.31%, or 118.60 point to reach 2,354.10 Bajaj Finance In late trade, Ltd (NSS:) rose 5.04% to 6,472.50 points.

These were the worst performers of the session. Shree Cements Ltd. (NS), fell 2.74% to 6,19.20 points, and traded at 21,964.65 by the close. Power Grid Corporation of India Ltd. (NS) fell 2.12%, or 4.50 points, to close at 207.85. Oil And Natural Gas Corporation Ltd. (NS) dropped 2.07%, or 3.70 to 175.40.

Asian Paints Ltd., which rose 5.56% at 2,875.10 and Reliance Industries Ltd. (BO) were the top performers on BSE Sensex 30, which settled at 2,353.80. Reliance Industries Ltd. was also up 5.24%. Bajaj Finance Ltd. (BO) closed at 6,473.00.

Power Grid Corporation of India Ltd. (BO) was the worst performer, falling 1.89% at 208.05 in trade late. NTPC Ltd. (BO) lost 1.57% at 131.50. Tata Steel Ltd. (BO) was also down 1.15% at 1,254.80.

In India, declining stocks were outnumbered by rising ones by 1544 to 254, 275 and 21, respectively. 21 was unchanged. On Bombay Stock Exchange however, 2665 rose while 674 fell, while 92 was unchanged.

ShreeCements Ltd.’s shares dropped to 52 week lows. This was down 2.74%, or 619.20 to 21964.65.

The was down 3.9% to 27.47.

For April delivery, Gold Futures fell 1.10% (22.45) to $2.020.85 a troy-ounce. In commodities trading, crude oil fell 2.37 percent or 1.92% to reach $121.33 per barrel. The May Brent oil contract dropped 1.43 or 1.83 to trade for $126.15 per barrel.

USD/INR declined 0.49% to 75.57 and EUR/INR rose by 0.40% at 84.14

At 98.50, the US Dollar Index Futures fell 0.59%.

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