Investing.com – India equities were higher at the close on Wednesday, as gains in the Power, Metals and Auto sectors propelled shares higher.
At the close in NSE, the Nifty 50 added 0.75% to hit a new all time high, while the BSE Sensex 30 index gained 0.67%.
The biggest gainers of the session on the Nifty 50 were Mahindra & Mahindra Ltd. (NS:MAHM), which rose 3.86% or 48.50 points to trade at 1,305.60 at the close. Hindalco Industries Ltd. (NS:HALC) added 3.38% or 14.75 points to end at 450.70 and Bajaj Auto Ltd (NS:BAJA) was up 2.48% or 90.60 points to 3,750.70 in late trade.
Biggest losers included IndusInd Bank Ltd. (NS:INBK), which lost 1.08% or 12.80 points to trade at 1,167.80 in late trade. State Bank Of India (NS:SBI) declined 1.00% or 6.10 points to end at 602.45 and ITC Ltd (NS:ITC) shed 0.67% or 2.30 points to 340.00.
The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:MAHM) which rose 4.00% to 1,307.20, UltraTech Cement Ltd (BO:ULTC) which was up 2.16% to settle at 7,076.75 and Power Grid Corporation of India Ltd (BO:PGRD) which gained 2.14% to close at 224.00.
The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 1.07% to 1,167.35 in late trade, State Bank Of India (BO:SBI) which lost 0.97% to settle at 602.50 and HCL Technologies Ltd (BO:HCLT) which was down 0.66% to 1,120.65 at the close.
Advancing stocks outnumbered falling ones by 1168 to 712 and 63 ended unchanged; on the Bombay Stock Exchange, 1967 rose and 1406 declined, while 104 ended unchanged on the India National Stock Exchange.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.41% to 13.81.
In commodities trading, Gold Futures for February delivery was up 1.41% or 24.65 to $1,773.05 a troy ounce. Meanwhile, Crude oil for delivery in January rose 2.19% or 1.71 to hit $79.91 a barrel, while the February Brent oil contract rose 2.02% or 1.70 to trade at $85.95 a barrel.
USD/INR was down 0.23% to 81.43, while EUR/INR rose 0.12% to 84.39.
The US Dollar Index Futures was down 0.27% at 106.47.