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India shares higher at close of trade; Nifty 50 up 0.65%

Published 16/12/2015, 10:45
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.65%

Investing.com – India equities were higher at the close on Wednesday, as gains in the Oil & Gas, Public Sector Undertakings and Technology sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.65%, while the BSE Sensex 30 index added 0.69%.

The biggest gainers of the session on the Nifty 50 were Oil And Natural Gas Corporation Ltd (NS:ONGC), which rose 4.06% or 8.85 points to trade at 226.65 at the close. Cairn India Limited (NS:CAIL) added 3.71% or 4.70 points to end at 131.30 and Bharti Airtel Ltd. (NS:BRTI) was up 3.61% or 11.15 points to 320.35 in late trade.

Biggest losers included Mahindra & Mahindra Ltd. (NS:MAHM), which lost 5.51% or 71.00 points to trade at 1218.05 in late trade. Asian Paints Ltd. (NS:ASPN) declined 1.37% or 12.05 points to end at 866.50 and ITC Ltd (NS:ITC) shed 1.15% or 3.70 points to 319.25.

The top performers on the BSE Sensex 30 were Oil And Natural Gas Corporation Ltd (BO:ONGC) which rose 3.99% to 226.55, Bharti Airtel Ltd (BO:BRTI) which was up 3.83% to settle at 320.20 and ICICI Bank Ltd. (BO:ICBK) which gained 2.29% to close at 252.00.

The worst performers were Mahindra & Mahindra Ltd. (BO:MAHM) which was down 5.44% to 1218.90 in late trade, ITC Ltd (BO:ITC) which lost 0.96% to settle at 319.50 and Wipro Ltd. (BO:WIPR) which was down 0.64% to 555.00 at the close.

Advancing stocks outnumbered falling ones by 775 to 686 and 9 ended unchanged; on the Bombay Stock Exchange, 403 rose and 374 declined, while 18 ended unchanged on the India National Stock Exchange.

The India Vix, which measures the implied volatility of Nifty 50 options, was down 3.55% to 16.7275.

In commodities trading, Gold for February delivery was up 0.24% or 2.60 to $1064.20 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.60% or 0.23 to hit $37.12 a barrel, while the February Brent oil contract fell 2.45% or 0.95 to trade at $37.78 a barrel.

USD/INR was down 0.15% to 66.766, while EUR/INR fell 0.26% to 72.8910.

The US Dollar Index was up 0.12% at 98.32.

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