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India shares higher at close of trade; Nifty 50 up 2.11%

Published 26/08/2019, 11:45
© Reuters.  India shares higher at close of trade; Nifty 50 up 2.11%
NSEI
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NIFVIX
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BJFN
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HROM
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HDFC
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JSTL
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APSE
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SUN
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TISC
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YESB
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Investing.com – India equities were higher at the close on Monday, as gains in the Real Estate, Banking and Capital Goods sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 2.11%, while the BSE Sensex 30 index added 2.16%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd (NS:YESB), which rose 5.06% or 3.00 points to trade at 62.90 at the close. Adani Port and Special Economic Zone Ltd (NS:APSE) added 5.81% or 20.30 points to end at 368.20 and Housing Development Finance Corporation Ltd (NS:HDFC) was up 5.20% or 106.25 points to 2148.35 in late trade.

Biggest losers included JSW Steel Ltd (NS:JSTL), which lost 3.06% or 6.75 points to trade at 214.10 in late trade. Tata Steel Ltd (NS:TISC) declined 2.10% or 7.25 points to end at 338.05 and Sun Pharmaceutical Industries Ltd. (NS:SUN) shed 2.07% or 8.85 points to 419.35.

The top performers on the BSE Sensex 30 were Yes Bank Ltd (BO:YESB) which rose 6.33% to 63.00, Housing Development Finance Corporation Ltd (BO:HDFC) which was up 5.24% to settle at 2148.25 and Bajaj Finance Ltd (BO:BJFN) which gained 4.66% to close at 3323.35.

The worst performers were Tata Steel Ltd (BO:TISC) which was down 2.00% to 337.90 in late trade, Sun Pharmaceutical Industries Ltd. (BO:SUN) which lost 1.96% to settle at 419.30 and Hero MotoCorp Ltd (BO:HROM) which was down 1.92% to 2589.60 at the close.

Advancing stocks outnumbered falling ones by 1138 to 435 and 69 ended unchanged; on the Bombay Stock Exchange, 1632 rose and 770 declined, while 130 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.99% to 16.6550.

In commodities trading, Gold Futures for December delivery was up 0.19% or 2.95 to $1540.55 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.83% or 0.45 to hit $54.62 a barrel, while the November Brent oil contract rose 0.39% or 0.23 to trade at $59.03 a barrel.

USD/INR was up 0.71% to 72.002, while EUR/INR rose 0.50% to 80.0740.

The US Dollar Index Futures was up 0.30% at 97.822.

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