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India shares higher at close of trade; Nifty 50 up 0.30%

Published 20/03/2018, 10:45
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.30%
NSEI
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REDY
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EICH
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IOC
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ICBK
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ONGC
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VDAN
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Investing.com – India equities were higher at the close on Tuesday, as gains in the IT, Technology and Green Energy sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.30%, while the BSE Sensex 30 index climbed 0.22%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd (NS:BHRI), which rose 5.09% or 16.55 points to trade at 341.90 at the close. Tech Mahindra Ltd (NS:TEML) added 3.85% or 23.50 points to end at 633.40 and Eicher Motors Ltd. (NS:EICH) was up 3.46% or 946.95 points to 28360.45 in late trade.

Biggest losers included Vedanta Ltd (NS:VDAN), which lost 6.54% or 20.10 points to trade at 287.10 in late trade. Indian Oil Corporation Ltd (NS:IOC) declined 2.28% or 4.05 points to end at 173.85 and Oil And Natural Gas Corporation Ltd (NS:ONGC) shed 1.55% or 2.75 points to 174.10.

The top performers on the BSE Sensex 30 were Tata Steel Ltd (BO:TISC) which rose 3.17% to 593.30, Sun Pharmaceutical Industries Ltd. (BO:SUN) which was up 2.20% to settle at 508.85 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which gained 1.85% to close at 2157.40.

The worst performers were Oil And Natural Gas Corporation Ltd (BO:ONGC) which was down 1.13% to 174.60 in late trade, ICICI Bank Ltd (BO:ICBK) which lost 1.10% to settle at 291.75 and Yes Bank Ltd (BO:YESB) which was down 0.92% to 302.05 at the close.

Declining stocks outnumbered rising ones by 1026 to 587 and 26 ended unchanged; on the Bombay Stock Exchange, 1552 fell and 1060 advanced, while 150 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.34% to 15.6075.

In commodities trading, Gold Futures for April delivery was down 0.42% or 5.50 to $1312.30 a troy ounce. Meanwhile, Crude oil for delivery in May rose 1.01% or 0.63 to hit $62.76 a barrel, while the May Brent oil contract rose 0.97% or 0.64 to trade at $66.69 a barrel.

USD/INR was down 0.09% to 65.215, while EUR/INR fell 0.19% to 80.2988.

The US Dollar Index Futures was up 0.19% at 89.64.

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