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India shares higher at close of trade; Nifty 50 up 1.63%

Published 08/08/2019, 11:45
India shares higher at close of trade; Nifty 50 up 1.63%
NSEI
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NIFVIX
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AXBK
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CIPL
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HCLT
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INBK
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JSTL
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TAMO
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TISC
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ULTC
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BSESN
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BSEAUTO
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BSESITIP
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BSETECK
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TAMdv
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Investing.com – India equities were higher at the close on Thursday, as gains in the Auto, IT and Technology sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 1.63%, while the BSE Sensex 30 index gained 1.74%.

The biggest gainers of the session on the Nifty 50 were HCL Technologies Ltd (NS:HCLT), which rose 6.67% or 68.25 points to trade at 1088.25 at the close. Tata Motors Ltd (NS:TAMO) added 5.62% or 6.60 points to end at 124.05 and JSW Steel Ltd (NS:JSTL) was up 4.99% or 10.60 points to 221.70 in late trade.

Biggest losers included Tata Steel Ltd (NS:TISC), which lost 4.03% or 15.40 points to trade at 367.40 in late trade. Cipla Ltd. (NS:CIPL) declined 2.78% or 14.40 points to end at 503.05 and UltraTech Cement Ltd (NS:ULTC) shed 2.28% or 99.05 points to 4233.15.

The top performers on the BSE Sensex 30 were Tata Motors Ltd DVR (BO:TAMdv) which rose 6.55% to 58.60, HCL Technologies Ltd (BO:HCLT) which was up 6.43% to settle at 1088.00 and Tata Motors Ltd (BO:TAMO) which gained 5.58% to close at 123.95.

The worst performers were Tata Steel Ltd (BO:TISC) which was down 3.77% to 367.40 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 0.81% to settle at 1415.05 and AXIS Bank Ltd. (BO:AXBK) which was down 0.01% to 660.00 at the close.

Advancing stocks outnumbered falling ones by 931 to 618 and 79 ended unchanged; on the Bombay Stock Exchange, 1330 rose and 987 declined, while 142 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.87% to 16.0925.

In commodities trading, Gold Futures for December delivery was down 0.73% or 11.15 to $1508.45 a troy ounce. Meanwhile, Crude oil for delivery in September rose 1.72% or 0.88 to hit $51.97 a barrel, while the October Brent oil contract rose 1.03% or 0.58 to trade at $56.81 a barrel.

USD/INR was down 0.67% to 70.650, while EUR/INR fell 0.61% to 79.1565.

The US Dollar Index Futures was up 0.04% at 97.382.

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