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India shares higher at close of trade; Nifty 50 up 0.29%

Published 27/07/2016, 11:45
India shares higher at close of trade; Nifty 50 up 0.29%
IBN
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RDY
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NSEI
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NIFVIX
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HDFC
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VODA
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ITC
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MRTI
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TISC
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ZEE
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INUS
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BSESN
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BSEAUTO
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BSETECK
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BSEBANK
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Investing.com – India equities were higher at the close on Wednesday, as gains in the Banking, Auto and Technology sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.29%, while the BSE Sensex 30 index climbed 0.17%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Limited (NS:BHRI), which rose 4.72% or 17.150 points to trade at 380.550 at the close. ICICI Bank Ltd . (NS:ICBK) added 3.42% or 8.95 points to end at 270.60 and Zee Entertainment Enterprises Ltd. (NS:ZEE) was up 2.80% or 13.30 points to 487.85 in late trade.

Biggest losers included Dr. Reddy's Laboratories Ltd. (NS:REDY), which lost 10.23% or 339.45 points to trade at 2980.20 in late trade. ITC Ltd (NS:ITC) declined 1.73% or 4.35 points to end at 247.40 and Idea Cellular Ltd (NS:IDEA) shed 1.53% or 1.65 points to 106.30.

The top performers on the BSE Sensex 30 were ICICI Bank Ltd. (BO:ICBK) which rose 3.00% to 269.90, Maruti Suzuki India Ltd. (BO:MRTI) which was up 1.64% to settle at 4558.85 and Housing Development Finance Corp. (BO:HDFC) which gained 1.48% to close at 1387.80.

The worst performers were Dr. Reddy's Laboratories Ltd. (BO:REDY) which was down 10.07% to 2988.40 in late trade, ITC Ltd (BO:ITC) which lost 1.51% to settle at 247.75 and TATA STEEL LIMITED (BO:TISC) which was down 1.29% to 362.90 at the close.

Declining stocks outnumbered rising ones by 742 to 727 and 57 ended unchanged; on the Bombay Stock Exchange, 803 fell and 794 advanced, while 68 ended unchanged on the India National Stock Exchange.

The India Vix, which measures the implied volatility of Nifty 50 options, was down 1.23% to 15.4275.

In commodities trading, Gold for December delivery was down 0.01% or 0.15 to $1328.15 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.65% or 0.28 to hit $42.64 a barrel, while the October Brent oil contract fell 1.02% or 0.46 to trade at $44.77 a barrel.

USD/INR was down 0.20% to 67.145, while EUR/INR fell 0.12% to 73.8390.

The US Dollar Index was up 0.09% at 97.26.

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