Unlock Premium Data: Up to 50% Off InvestingProCLAIM SALE

India shares higher at close of trade; Nifty 50 up 0.79%

Published 28/05/2018, 11:45
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.79%
NSEI
-
NIFVIX
-
BPCL
-
COAL
-
HCLT
-
HPCL
-
INFY
-
LART
-
PGRD
-
SUN
-
TCS
-
TEML
-
BSESN
-
BSECG
-
BSEOIL
-
BSEPSU
-

Investing.com – India equities were higher at the close on Monday, as gains in the Capital Goods, Oil & Gas and Public Sector Undertakings sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.79%, while the BSE Sensex 30 index gained 0.69%.

The biggest gainers of the session on the Nifty 50 were Sun Pharmaceutical Industries Ltd. (NS:SUN), which rose 7.13% or 33.25 points to trade at 499.70 at the close. Hindustan Petroleum Corporation Ltd (NS:HPCL) added 6.06% or 17.90 points to end at 313.10 and Bharat Petroleum Corp. Ltd. (NS:BPCL) was up 5.64% or 21.45 points to 402.00 in late trade.

Biggest losers included Tech Mahindra Ltd (NS:TEML), which lost 3.91% or 27.50 points to trade at 675.25 in late trade. Power Grid Corporation of India Ltd (NS:PGRD) declined 2.43% or 5.15 points to end at 206.95 and HCL Technologies Ltd (NS:HCLT) shed 2.07% or 19.00 points to 894.50.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:SUN) which rose 7.11% to 499.70, Coal India Ltd (BO:COAL) which was up 3.22% to settle at 284.95 and Larsen & Toubro Ltd (BO:LART) which gained 2.52% to close at 1377.60.

The worst performers were Tata Consultancy Services Ltd. (BO:TCS) which was down 2.39% to 3503.80 in late trade, Power Grid Corporation of India Ltd (BO:PGRD) which lost 2.31% to settle at 207.05 and Infosys Ltd (BO:INFY) which was down 1.16% to 1214.50 at the close.

Advancing stocks outnumbered falling ones by 1179 to 423 and 38 ended unchanged; on the Bombay Stock Exchange, 1787 rose and 820 declined, while 152 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 3.24% to 13.0550.

In commodities trading, Gold Futures for June delivery was down 0.48% or 6.20 to $1297.50 a troy ounce. Meanwhile, Crude oil for delivery in July fell 1.71% or 1.16 to hit $66.72 a barrel, while the August Brent oil contract fell 1.43% or 1.09 to trade at $75.38 a barrel.

USD/INR was down 0.59% to 67.325, while EUR/INR fell 0.53% to 78.4768.

The US Dollar Index Futures was down 0.01% at 94.20.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.