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India shares higher at close of trade; Nifty 50 up 0.38%

Published 02/07/2019, 11:45
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.38%
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Investing.com – India equities were higher at the close on Tuesday, as gains in the Oil & Gas, IT and Power sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.38%, while the BSE Sensex 30 index climbed 0.33%.

The biggest gainers of the session on the Nifty 50 were UPL Ltd (NS:UPLL), which rose 3.75% or 23.72 points to trade at 656.15 at the close. Indiabulls Housing Finance Ltd (NS:INBF) added 2.83% or 17.60 points to end at 642.40 and Oil And Natural Gas Corporation Ltd (NS:ONGC) was up 2.98% or 4.80 points to 165.65 in late trade.

Biggest losers included Yes Bank Ltd (NS:YESB), which lost 7.65% or 8.35 points to trade at 100.80 in late trade. Tata Motors Ltd (NS:TAMO) declined 2.68% or 4.50 points to end at 163.75 and Sun Pharmaceutical Industries Ltd. (NS:SUN) shed 2.63% or 10.65 points to 395.55.

The top performers on the BSE Sensex 30 were Oil And Natural Gas Corporation Ltd (BO:ONGC) which rose 2.89% to 165.70, Housing Development Finance Corporation Ltd (BO:HDFC) which was up 1.50% to settle at 2280.70 and Bharti Airtel Ltd (BO:BRTI) which gained 1.43% to close at 353.50.

The worst performers were Yes Bank Ltd (BO:YESB) which was down 7.60% to 100.85 in late trade, Tata Motors Ltd (BO:TAMO) which lost 2.47% to settle at 163.70 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 2.36% to 395.55 at the close.

Declining stocks outnumbered rising ones by 859 to 718 and 64 ended unchanged; on the Bombay Stock Exchange, 1300 fell and 1103 advanced, while 147 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.41% to 14.2500.

In commodities trading, Gold Futures for August delivery was up 0.41% or 5.75 to $1395.05 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.17% or 0.10 to hit $58.99 a barrel, while the September Brent oil contract fell 0.25% or 0.16 to trade at $64.90 a barrel.

USD/INR was up 0.12% to 68.983, while EUR/INR rose 0.34% to 77.9935.

The US Dollar Index Futures was down 0.11% at 96.303.

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