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India stocks higher at close of trade; Nifty 50 up 0.16%

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India stocks were higher after the close on Wednesday, as gains in the Real Estate, Power and IT sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.16%, while the BSE Sensex 30 index gained 0.21%.

The best performers of the session on the Nifty 50 were Apollo Hospitals Enterprises Ltd. (NS:APLH), which rose 2.60% or 125.15 points to trade at 4,946.00 at the close. Meanwhile, UltraTech Cement Ltd (NS:ULTC) added 2.55% or 205.70 points to end at 8,260.00 and NTPC Ltd (NS:NTPC) was up 1.97% or 4.20 points to 217.20 in late trade.

The worst performers of the session were Tata Steel Ltd (NS:TISC), which fell 1.86% or 2.20 points to trade at 115.95 at the close. Adani Ports and Special Economic Zone Ltd (NS:APSE) declined 1.56% or 12.30 points to end at 774.85 and Hindalco Industries Ltd. (NS:HALC) was down 1.51% or 6.80 points to 444.00.

The top performers on the BSE Sensex 30 were UltraTech Cement Ltd (BO:ULTC) which rose 2.43% to 8,244.65, NTPC Ltd (BO:NTPC) which was up 2.14% to settle at 217.40 and Infosys Ltd (BO:INFY) which gained 1.78% to close at 1,418.50.

The worst performers were Tata Steel Ltd (BO:TISC) which was down 1.90% to 115.90 in late trade, Bharti Airtel Ltd (BO:BRTI) which lost 1.13% to settle at 857.00 and Bajaj Finserv Ltd (BO:BJFS) which was down 0.86% to 1,469.40 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1027 to 963 and 61 ended unchanged; on the Bombay Stock Exchange, 1774 rose and 1732 declined, while 123 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.08% to 12.13 a new 1-month high.

Gold Futures for December delivery was up 0.10% or 1.95 to $1,937.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.30% or 0.24 to hit $80.75 a barrel, while the October Brent oil contract fell 0.29% or 0.25 to trade at $84.64 a barrel.

USD/INR was down 0.39% to 83.17, while EUR/INR fell 0.15% to 90.81.

The US Dollar Index Futures was down 0.11% at 102.98.

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