India stocks higher at close of trade; Nifty 50 up 0.50%
India's stock markets closed higher on Wednesday, with the Nifty 50 rising 0.50% and the BSE Sensex 30 index climbing 0.40%. Gains in the Metals, Real Estate, and Public Sector Undertakings sectors drove the upward movement. Tata Steel, Bajaj Finance, and Hindalco Industries were among the top gainers on the Nifty 50, while HCL Technologies, Infosys, and Tata Consultancy Services were the biggest losers.
The BSE Sensex's leading stocks were Tata Steel, Bajaj Finance, and ITC. The India VIX dropped to a 6-month low of 10.37, and gold futures declined slightly. Crude oil prices and Indian currency against the US dollar saw minor fluctuations.
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Also reported by 1 other outlet
- Small-cap stocks trade at nearly twice Nifty 50 valuation, says VK Vijayakumar thehindubusinessline.com
