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India shares higher at close of trade; Nifty 50 up 0.27%

Published 14/11/2019, 10:45
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.27%
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Investing.com – India equities were higher at the close on Thursday, as gains in the IT, Consumer Durables and Banking sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.27%, while the BSE Sensex 30 index added 0.42%.

The biggest gainers of the session on the Nifty 50 were ICICI Bank Ltd (NS:ICBK), which rose 2.53% or 12.30 points to trade at 498.65 at the close. Indian Oil Corporation Ltd (NS:IOC) added 0.60% or 0.80 points to end at 136.85 and Infosys Ltd (NS:INFY) was up 1.98% or 13.70 points to 705.30 in late trade.

Biggest losers included Bharti Infratel Ltd (NS:BHRI), which lost 3.94% or 8.60 points to trade at 208.65 in late trade. Vedanta Ltd (NS:VDAN) declined 2.63% or 3.90 points to end at 144.00 and Zee Entertainment Enterprises Ltd. (NS:ZEE) shed 2.72% or 7.90 points to 282.00.

The top performers on the BSE Sensex 30 were ICICI Bank Ltd (BO:ICBK) which rose 2.67% to 498.75, Infosys Ltd (BO:INFY) which was up 2.04% to settle at 705.35 and Bajaj Finance Ltd (BO:BJFN) which gained 1.65% to close at 4211.95.

The worst performers were Vedanta Ltd (BO:VDAN) which was down 2.90% to 143.95 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 2.79% to settle at 1374.40 and Tata Motors Ltd DVR (BO:TAMdv) which was down 2.29% to 76.70 at the close.

Declining stocks outnumbered rising ones by 977 to 597 and 54 ended unchanged; on the Bombay Stock Exchange, 1434 fell and 957 advanced, while 157 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.94% to 15.6500.

In commodities trading, Gold Futures for December delivery was up 0.37% or 5.35 to $1468.65 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.89% or 0.51 to hit $57.63 a barrel, while the January Brent oil contract rose 0.99% or 0.62 to trade at $62.99 a barrel.

USD/INR was down 0.28% to 71.937, while EUR/INR fell 0.34% to 79.1270.

The US Dollar Index Futures was down 0.01% at 98.218.

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