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India shares higher at close of trade; Nifty 50 up 1.43%

Published 19/11/2015, 10:45
India shares higher at close of trade; Nifty 50 up 1.43%

Investing.com – India equities were higher at the close on Thursday, as gains in the Consumer Durables, IT and Technology sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 1.43%, while the BSE Sensex 30 index gained 1.41%.

The biggest gainers of the session on the Nifty 50 were Bajaj Auto Limited (NS:BAJA), which rose 3.64% or 85.35 points to trade at 2428.25 at the close. Tech Mahindra Limited (NS:TEML) added 3.43% or 17.70 points to end at 534.40 and HCL Technologies Ltd (NS:HCLT) was up 3.35% or 28.30 points to 873.95 in late trade.

Biggest losers included Dr. Reddy's Laboratories Ltd. (NS:REDY), which lost 2.55% or 85.85 points to trade at 3281.10 in late trade. Sun Pharmaceutical Industries Ltd. (NS:SUN) declined 1.49% or 11.25 points to end at 742.50 and Idea Cellular Ltd (NS:IDEA) shed 1.15% or 1.55 points to 133.40.

The top performers on the BSE Sensex 30 were Bajaj Auto Limited (BO:BAJA) which rose 3.16% to 2419.70, Vedanta Ltd (BO:VDAN) which was up 2.80% to settle at 91.70 and Housing Development Finance Corp. (BO:HDFC) which gained 2.78% to close at 1212.55.

The worst performers were Dr. Reddy's Laboratories Ltd. (BO:REDY) which was down 2.63% to 3286.80 in late trade, Sun Pharmaceutical Industries Ltd. (BO:SUN) which lost 1.46% to settle at 742.95 and Coal India Limited (BO:COAL) which was down 0.36% to 333.75 at the close.

Advancing stocks outnumbered falling ones by 1038 to 409 and 10 ended unchanged; on the Bombay Stock Exchange, 584 rose and 214 declined, while 13 ended unchanged on the India National Stock Exchange.

The India Vix, which measures the implied volatility of Nifty 50 options, was down 9.04% to 15.8400 a new 3-month low.

In commodities trading, Gold for December delivery was up 0.43% or 4.60 to $1073.30 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.51% or 0.21 to hit $42.16 a barrel, while the January Brent oil contract rose 0.88% or 0.39 to trade at $44.53 a barrel.

USD/INR was up 0.31% to 66.235, while EUR/INR rose 0.64% to 70.8380.

The US Dollar Index was down 0.36% at 99.31.

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