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India shares higher at close of trade; Nifty 50 up 0.18%

Published 24/10/2016, 11:45
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.18%
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Investing.com – India equities were higher at the close on Monday, as gains in the Oil & Gas, Public Sector Undertakings and Auto sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 0.18%, while the BSE Sensex 30 index climbed 0.36%.

The biggest gainers of the session on the Nifty 50 were Oil And Natural Gas Corporation Ltd (NS:ONGC), which rose 4.54% or 12.70 points to trade at 292.50 at the close. Bharat Petroleum Corp. Ltd. (NS:BPCL) added 2.90% or 19.40 points to end at 687.65 and Coal India Limited (NS:COAL) was up 2.62% or 8.20 points to 321.50 in late trade.

Biggest losers included Idea Cellular Ltd (NS:IDEA), which lost 3.50% or 2.80 points to trade at 77.20 in late trade. Wipro Ltd . (NS:WIPR) declined 3.02% or 15.10 points to end at 484.10 and HCL Technologies Ltd (NS:HCLT) shed 2.49% or 20.75 points to 811.00.

The top performers on the BSE Sensex 30 were Oil And Natural Gas Corporation Ltd (BO:ONGC) which rose 4.61% to 292.90, Tata Motors Ltd. (BO:TAMO) which was up 2.67% to settle at 559.10 and ICICI Bank Ltd. (BO:ICBK) which gained 2.47% to close at 284.55.

The worst performers were Wipro Ltd. (BO:WIPR) which was down 3.09% to 483.75 in late trade, Asian Paints Ltd. (BO:ASPN) which lost 2.25% to settle at 1127.55 and Larsen & Toubro Limited (BO:LART) which was down 1.06% to 1494.55 at the close.

Advancing stocks outnumbered falling ones by 853 to 648 and 55 ended unchanged; on the Bombay Stock Exchange, 1645 rose and 1133 declined, while 216 ended unchanged on the India National Stock Exchange.

The India Vix, which measures the implied volatility of Nifty 50 options, was up 3.63% to 14.3325.

In commodities trading, Gold for December delivery was down 0.19% or 2.45 to $1265.25 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.51% or 0.26 to hit $50.59 a barrel, while the December Brent oil contract fell 0.31% or 0.16 to trade at $51.62 a barrel.

USD/INR was down 0.12% to 66.846, while EUR/INR fell 0.06% to 72.8040.

The US Dollar Index was down 0.02% at 98.60.

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