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India shares higher at close of trade; Nifty 50 up 0.21%

Published 17/07/2019, 11:45
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.21%
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Investing.com – India equities were higher at the close on Wednesday, as gains in the IT, Technology and Fast Moving Consumer Goods sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 0.21%, while the BSE Sensex 30 index added 0.22%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd (NS:INBF), which rose 2.75% or 17.75 points to trade at 668.20 at the close. UPL Ltd (NS:UPLL) added 2.51% or 16.10 points to end at 659.75 and State Bank Of India (NS:SBI) was up 2.37% or 8.65 points to 372.40 in late trade.

Biggest losers included Yes Bank Ltd (NS:YESB), which lost 5.25% or 5.45 points to trade at 98.40 in late trade. Eicher Motors Ltd. (NS:EICH) declined 2.95% or 561.25 points to end at 18433.70 and GAIL Ltd (NS:GAIL) shed 2.75% or 4.05 points to 143.40.

The top performers on the BSE Sensex 30 were Tech Mahindra Ltd (BO:TEML) which rose 2.31% to 691.15, State Bank Of India (BO:SBI) which was up 2.17% to settle at 372.15 and HCL Technologies Ltd (BO:HCLT) which gained 2.06% to close at 1041.00.

The worst performers were Yes Bank Ltd (BO:YESB) which was down 5.25% to 98.45 in late trade, Oil And Natural Gas Corporation Ltd (BO:ONGC) which lost 1.64% to settle at 149.85 and Maruti Suzuki India Ltd. (BO:MRTI) which was down 1.38% to 6074.20 at the close.

Declining stocks outnumbered rising ones by 833 to 722 and 76 ended unchanged; on the Bombay Stock Exchange, 1301 fell and 1081 advanced, while 159 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.08% to 11.8000.

In commodities trading, Gold Futures for August delivery was down 0.54% or 7.55 to $1403.65 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.59% or 0.34 to hit $57.96 a barrel, while the September Brent oil contract rose 0.84% or 0.54 to trade at $64.89 a barrel.

USD/INR was up 0.34% to 68.875, while EUR/INR rose 0.39% to 77.2365.

The US Dollar Index Futures was down 0.04% at 97.007.

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