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India shares higher at close of trade; Nifty 50 up 0.05%

Published 03/07/2019, 11:45
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.05%
NSEI
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GAIL
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INBK
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INFY
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LART
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Investing.com – India equities were higher at the close on Wednesday, as gains in the Real Estate, Capital Goods and Public Sector Undertakings sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.05%, while the BSE Sensex 30 index added 0.06%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd (NS:INBF), which rose 7.50% or 48.20 points to trade at 690.95 at the close. IndusInd Bank Ltd. (NS:INBK) added 3.99% or 56.45 points to end at 1470.60 and Zee Entertainment Enterprises Ltd. (NS:ZEE) was up 1.19% or 4.25 points to 360.90 in late trade.

Biggest losers included Eicher Motors Ltd. (NS:EICH), which lost 2.74% or 551.90 points to trade at 19650.10 in late trade. GAIL Ltd (NS:GAIL) declined 1.91% or 5.95 points to end at 305.25 and Tech Mahindra Ltd (NS:TEML) shed 1.44% or 10.25 points to 701.10.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 3.79% to 1470.15, ITC Ltd (BO:ITC) which was up 1.08% to settle at 276.70 and Larsen & Toubro Ltd (BO:LART) which gained 0.93% to close at 1577.90.

The worst performers were Tech Mahindra Ltd (BO:TEML) which was down 1.44% to 701.15 in late trade, Vedanta Ltd (BO:VDAN) which lost 1.32% to settle at 172.45 and Infosys Ltd (BO:INFY) which was down 1.14% to 731.50 at the close.

Advancing stocks outnumbered falling ones by 832 to 721 and 79 ended unchanged; on the Bombay Stock Exchange, 1263 rose and 1126 declined, while 163 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.89% to 13.6950 a new 6-month low.

In commodities trading, Gold Futures for August delivery was up 1.44% or 20.25 to $1428.25 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.94% or 0.53 to hit $56.78 a barrel, while the September Brent oil contract rose 1.06% or 0.66 to trade at $63.06 a barrel.

USD/INR was down 0.02% to 68.867, while EUR/INR rose 0.11% to 77.8055.

The US Dollar Index Futures was down 0.03% at 96.248.

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