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India shares higher at close of trade; Nifty 50 up 0.31%

Published 18/03/2019, 10:45
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.31%
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Investing.com – India equities were higher at the close on Monday, as gains in the Real Estate, Oil & Gas and Public Sector Undertakings sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.31% to hit a new 6-month high, while the BSE Sensex 30 index climbed 0.19%.

The biggest gainers of the session on the Nifty 50 were Hindustan Petroleum Corporation Ltd (NS:HPCL), which rose 3.45% or 9.55 points to trade at 286.80 at the close. Indian Oil Corporation Ltd (NS:IOC) added 3.65% or 5.75 points to end at 162.80 and Bajaj Finance Ltd (NS:BJFN) was up 2.77% or 79.25 points to 2929.55 in late trade.

Biggest losers included Lupin Ltd (NS:LUPN), which lost 3.98% or 31.25 points to trade at 754.20 in late trade. Maruti Suzuki India Ltd. (NS:MRTI) declined 2.57% or 182.00 points to end at 6909.10 and Hero MotoCorp Ltd (NS:HROM) shed 2.37% or 64.85 points to 2669.50.

The top performers on the BSE Sensex 30 were Bajaj Finance Ltd (BO:BJFN) which rose 2.84% to 2941.00, Power Grid Corporation of India Ltd (BO:PGRD) which was up 2.29% to settle at 196.75 and AXIS Bank Ltd. (BO:AXBK) which gained 2.21% to close at 751.95.

The worst performers were Maruti Suzuki India Ltd. (BO:MRTI) which was down 2.56% to 6910.35 in late trade, Hero MotoCorp Ltd (BO:HROM) which lost 2.47% to settle at 2671.50 and Bharti Airtel Ltd (BO:BRTI) which was down 2.08% to 330.00 at the close.

Declining stocks outnumbered rising ones by 960 to 654 and 70 ended unchanged; on the Bombay Stock Exchange, 1504 fell and 1098 advanced, while 163 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 6.52% to 16.9000.

In commodities trading, Gold Futures for April delivery was up 0.17% or 2.25 to $1305.15 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.17% or 0.10 to hit $58.72 a barrel, while the May Brent oil contract rose 0.09% or 0.06 to trade at $67.22 a barrel.

USD/INR was down 0.52% to 68.606, while EUR/INR fell 0.30% to 77.8210.

The US Dollar Index Futures was down 0.14% at 95.915.

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