Indian share indices ended marginally higher on Wednesday.
The S&P BSE Sensex gained 30 points or 0.14 per cent to 21,856.22. Similarly, the NSE CNX Nifty ended up 5 points or 0.08 per cent at 6,517.
India Vix finished down 1.64 per cent at 17.04.
Market breadth turned negative. As many as 1,368 shares advanced, 1,490 shares declining and 188 remaining unchanged on the BSE.
Sun Pharma, Hero MotoCorp, ITC, Coal India and TCS were the top gainers on the Sensex.
BHEL, Tata Motors, Hindalco, SBI and ONGC were the top losers.
SpiceJet ended 3.32 per cent higher at Rs 14.61 on the BSE. SpiceJet said it had signed a deal with Boeing to buy 42 aircraft. The airline has also announced another sale on select domestic airfares.
Shares of L&T Finance Holdings and Just Dial rallied as much as 5 per cent and 4 per cent, respectively on inclusion in futures and options segment of the Bombay Stock Exchange.
SKS Microfinance shares climbed on the BSE today. The microfinance company informed the exchanges that it had completed a Rs 80.30 crore securitisation deal. With this, the total sum of securitisations completed for FY14 (YTD) is Rs 1,351.21 crore, the company said.
A report by India Forex Advisors said: “Markets would be vigilant ahead of industrial output and consumer inflation data scheduled for release today after the market hours, the two key reports that come ahead of the Reserve Bank of India's policy review on April 1. The reports could help determine whether the recent optimism about the rupee is justified, given the rally across Indian markets since last week has been affirmed on rising hopes for the economy, a sharply narrower current account deficit, and easing inflation.
India's trade deficit narrowed in February on a sharp fall in imports, which would further ease pressure on the country's current account balance. The trade deficit stood at $8.13 billion, more than 40 per cent lower from a year ago.”