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India shares higher at close of trade; Nifty 50 up 0.13%

Published 09/12/2019, 10:45
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.13%
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Investing.com – India equities were higher at the close on Monday, as gains in the Oil & Gas, Auto and Metals sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 0.13%, while the BSE Sensex 30 index gained 0.10%.

The biggest gainers of the session on the Nifty 50 were Bharat Petroleum Corp. Ltd. (NS:BPCL), which rose 2.20% or 10.75 points to trade at 499.65 at the close. Housing Development Finance Corporation Ltd (NS:HDFC) added 1.91% or 43.35 points to end at 2311.40 and Adani Port and Special Economic Zone Ltd (NS:APSE) was up 1.98% or 7.25 points to 373.60 in late trade.

Biggest losers included Tata Consultancy Services Ltd. (NS:TCS), which lost 2.99% or 63.60 points to trade at 2060.45 in late trade. Cipla Ltd. (NS:CIPL) declined 1.31% or 5.95 points to end at 447.90 and HCL Technologies Ltd (NS:HCLT) shed 1.62% or 9.05 points to 552.05.

The top performers on the BSE Sensex 30 were Housing Development Finance Corporation Ltd (BO:HDFC) which rose 2.06% to 2310.60, AXIS Bank Ltd. (BO:AXBK) which was up 2.01% to settle at 731.95 and Maruti Suzuki India Ltd. (BO:MRTI) which gained 1.68% to close at 6997.25.

The worst performers were Tata Consultancy Services Ltd. (BO:TCS) which was down 2.93% to 2060.70 in late trade, Tata Motors Ltd DVR (BO:TAMdv) which lost 2.06% to settle at 66.50 and HCL Technologies Ltd (BO:HCLT) which was down 1.54% to 551.60 at the close.

Declining stocks outnumbered rising ones by 934 to 637 and 71 ended unchanged; on the Bombay Stock Exchange, 1397 fell and 999 advanced, while 161 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 7.02% to 14.5975.

In commodities trading, Gold Futures for February delivery was up 0.19% or 2.75 to $1467.85 a troy ounce. Meanwhile, Crude oil for delivery in January fell 1.03% or 0.61 to hit $58.59 a barrel, while the February Brent oil contract fell 1.07% or 0.69 to trade at $63.70 a barrel.

USD/INR was down 0.33% to 71.032, while EUR/INR fell 0.22% to 78.6225.

The US Dollar Index Futures was down 0.08% at 97.585.

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