Mar 27 2024: India stocks closed higher on Wednesday, with gains in the Capital Goods, Consumer Durables, and Real Estate sectors leading the market upward. The Nifty 50 index rose by 0.54%, while the BSE Sensex 30 index gained 0.73% by the close of trading.
Notable performers on the Nifty 50 included Reliance Industries Ltd (NS:RELI), which climbed 3.56%, Bajaj Auto Ltd (NS:BAJA) with a 2.16% increase, and Maruti Suzuki India Ltd. (NS:MRTI) rising by 2.12%. Conversely, UPL Ltd (NS:UPLL) and Hero MotoCorp Ltd (NS:HROM) were among the session’s worst performers.
On the BSE Sensex 30, top gainers were Reliance Industries Ltd (BO:RELI), Maruti Suzuki India Ltd. (BO:MRTI), and Bajaj Finance Ltd (BO:BJFN). Meanwhile, Wipro Ltd (BO:WIPR), Dr Reddy’s Laboratories Ltd (BO:REDY), and LTIMindtree Ltd (BO:LTIM) were among the biggest decliners.
In terms of market breadth, falling stocks outnumbered advancing ones on both the India National Stock Exchange and the Bombay Stock Exchange.
Noteworthy market movements included shares of Bajaj Auto Ltd (NS:BAJA) and Maruti Suzuki India Ltd. (NS:MRTI) reaching all-time highs.
In commodities trading, Gold Futures for April delivery rose, while Crude oil for delivery in May and the June Brent oil contract saw declines.
The USD/INR and EUR/INR currency pairs showed minor movements, with the US Dollar Index Futures also seeing a slight increase.
