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India shares higher at close of trade; Nifty 50 up 0.04%

Published 23/08/2016, 11:45
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.04%
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Investing.com – India equities were higher at the close on Tuesday, as gains in the IT, Technology and Banking sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.04%, while the BSE Sensex 30 index climbed 0.02%.

The biggest gainers of the session on the Nifty 50 were Idea Cellular Ltd (NS:IDEA), which rose 6.88% or 6.50 points to trade at 101.00 at the close. Bank Of Baroda (NS:BOB) added 2.66% or 4.25 points to end at 164.30 and HCL Technologies Ltd (NS:HCLT) was up 2.43% or 18.75 points to 791.00 in late trade.

Biggest losers included Bharat Heavy Electricals Ltd. (NS:BHEL), which lost 4.86% or 7.00 points to trade at 136.90 in late trade. Bharat Petroleum Corp. Ltd. (NS:BPCL) declined 3.58% or 21.40 points to end at 576.10 and Tata Power Co. Ltd (NS:TTPW) shed 2.92% or 2.25 points to 74.80.

The top performers on the BSE Sensex 30 were Infosys Ltd (BO:INFY) which rose 2.35% to 1039.25, Tata Consultancy Services Ltd. (BO:TCS) which was up 2.03% to settle at 2603.20 and Bharti Airtel Ltd (BO:BRTI) which gained 0.96% to close at 353.55.

The worst performers were Bharat Heavy Electricals Ltd. (BO:BHEL) which was down 4.60% to 136.95 in late trade, Tata Power Co. Ltd (BO:TTPW) which lost 3.24% to settle at 74.75 and NTPC Limited (BO:NTPC) which was down 2.90% to 158.80 at the close.

Declining stocks outnumbered rising ones by 782 to 667 and 80 ended unchanged; on the Bombay Stock Exchange, 839 fell and 760 advanced, while 72 ended unchanged on the India National Stock Exchange.

The India Vix, which measures the implied volatility of Nifty 50 options, was down 2.37% to 13.8975.

In commodities trading, Gold for December delivery was down 0.01% or 0.10 to $1343.30 a troy ounce. Meanwhile, Crude oil for delivery in October fell 1.12% or 0.53 to hit $46.88 a barrel, while the October Brent oil contract fell 1.18% or 0.58 to trade at $48.58 a barrel.

USD/INR was down 0.21% to 67.055, while EUR/INR fell 0.11% to 75.9800.

The US Dollar Index was down 0.15% at 94.38.

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