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India shares higher at close of trade; Nifty 50 up 0.39%

Published 07/07/2021, 11:45
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.39%
NSEI
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Investing.com – India equities were higher at the close on Wednesday, as gains in the Metals, Real Estate and Capital Goods sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.39% to hit a new all time high, while the BSE Sensex 30 index gained 0.37%.

The biggest gainers of the session on the Nifty 50 were Tata Steel Ltd (NS:TISC), which rose 4.40% or 51.40 points to trade at 1218.65 at the close. JSW Steel Ltd (NS:JSTL) added 2.56% or 17.25 points to end at 690.40 and Bajaj Finserv Ltd (NS:BJFS) was up 2.34% or 283.35 points to 12374.15 in late trade.

Biggest losers included Titan Company Ltd (NS:TITN), which lost 2.02% or 35.55 points to trade at 1727.25 in late trade. Oil And Natural Gas Corporation Ltd (NS:ONGC) declined 1.32% or 1.60 points to end at 119.90 and Maruti Suzuki India Ltd. (NS:MRTI) shed 0.87% or 65.55 points to 7449.40.

The top performers on the BSE Sensex 30 were Tata Steel Ltd (BO:TISC) which rose 4.38% to 1217.80, Bajaj Finserv Ltd (BO:BJFS) which was up 2.28% to settle at 12369.75 and IndusInd Bank Ltd. (BO:INBK) which gained 1.42% to close at 1044.60.

The worst performers were Titan Company Ltd (BO:TITN) which was down 2.06% to 1727.05 in late trade, Maruti Suzuki India Ltd. (BO:MRTI) which lost 0.81% to settle at 7451.35 and Reliance Industries Ltd (BO:RELI) which was down 0.74% to 2110.15 at the close.

Advancing stocks outnumbered falling ones by 927 to 766 and 43 ended unchanged; on the Bombay Stock Exchange, 1695 rose and 1364 declined, while 135 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.51% to 12.2125.

In commodities trading, Gold Futures for August delivery was up 0.77% or 13.90 to $1808.10 a troy ounce. Meanwhile, Crude oil for delivery in August rose 1.88% or 1.38 to hit $74.75 a barrel, while the September Brent oil contract rose 1.72% or 1.28 to trade at $75.81 a barrel.

USD/INR was up 0.06% to 74.627, while EUR/INR rose 0.04% to 88.2095.

The US Dollar Index Futures was up 0.00% at 92.545.

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