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India shares higher at close of trade; Nifty 50 up 0.25%

Published 04/07/2019, 08:45 pm
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.25%
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Investing.com – India equities were higher at the close on Thursday, as gains in the Real Estate, Green Energy and Fast Moving Consumer Goods sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.25%, while the BSE Sensex 30 index climbed 0.17%.

The biggest gainers of the session on the Nifty 50 were UPL Ltd (NS:UPLL), which rose 6.87% or 44.75 points to trade at 698.35 at the close. Bharti Airtel Ltd. (NS:BRTI) added 2.52% or 8.90 points to end at 362.75 and Indiabulls Housing Finance Ltd (NS:INBF) was up 1.40% or 9.65 points to 703.85 in late trade.

Biggest losers included Yes Bank Ltd (NS:YESB), which lost 3.06% or 3.05 points to trade at 96.25 in late trade. Tata Steel Ltd (NS:TISC) declined 3.14% or 16.00 points to end at 495.30 and Titan Company Ltd (NS:TITN) shed 2.90% or 38.50 points to 1290.35.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 2.53% to 362.35, Tata Motors Ltd (BO:TAMO) which was up 1.76% to settle at 165.20 and IndusInd Bank Ltd. (BO:INBK) which gained 1.61% to close at 1493.75.

The worst performers were Yes Bank Ltd (BO:YESB) which was down 3.56% to 96.25 in late trade, Tata Steel Ltd (BO:TISC) which lost 2.97% to settle at 495.35 and HCL Technologies Ltd (BO:HCLT) which was down 1.37% to 1038.10 at the close.

Advancing stocks outnumbered falling ones by 795 to 776 and 72 ended unchanged; on the Bombay Stock Exchange, 1188 rose and 1166 declined, while 156 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.20% to 13.5300 a new 6-month low.

In commodities trading, Gold Futures for August delivery was down 0.23% or 3.20 to $1417.70 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.40% or 0.23 to hit $57.11 a barrel, while the September Brent oil contract fell 0.03% or 0.02 to trade at $63.80 a barrel.

USD/INR was down 0.39% to 68.520, while EUR/INR fell 0.29% to 77.3525.

The US Dollar Index Futures was down 0.02% at 96.312.

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