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India shares higher at close of trade; Nifty 50 up 1.37%

Published 26/04/2016, 08:45 pm
India shares higher at close of trade; Nifty 50 up 1.37%
RDY
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NSEI
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NIFVIX
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HROM
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HALC
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VODA
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APSE
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RELI
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VDAN
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TTPW
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INUS
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BSESN
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BSEMET
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BSEREAL
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BSEBANK
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Investing.com – India equities were higher at the close on Tuesday, as gains in the Banking, Metals and Real Estate sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 1.37% to hit a new 3-month high, while the BSE Sensex 30 index gained 1.28%.

The biggest gainers of the session on the Nifty 50 were Hindalco Industries Ltd. (NS:HALC), which rose 4.83% or 4.75 points to trade at 103.15 at the close. Idea Cellular Ltd (NS:IDEA) added 4.74% or 5.60 points to end at 123.75 and Vedanta Ltd (NS:VDAN) was up 4.36% or 4.45 points to 106.45 in late trade.

Biggest losers included Adani Ports & Special Economic Zone (NS:APSE), which lost 1.16% or 2.70 points to trade at 229.10 in late trade. Bharti Infratel Limited (NS:BHRI) declined 1.02% or 3.750 points to end at 363.050 and Hero MotoCorp Limited (NS:HROM) shed 1.01% or 29.95 points to 2931.85.

The top performers on the BSE Sensex 30 were Hindalco Industries Ltd. (BO:HALC) which rose 4.93% to 103.15, Vedanta Ltd (BO:VDAN) which was up 4.07% to settle at 106.20 and Tata Power Co. Ltd (BO:TTPW) which gained 3.75% to close at 72.00.

The worst performers were Hero MotoCorp Limited (BO:HROM) which was down 1.19% to 2932.10 in late trade, Dr. Reddy's Laboratories Ltd. (BO:REDY) which lost 0.15% to settle at 3115.00 and Reliance Industries Ltd (BO:RELI) which was up 0.06% to 1016.80 at the close.

Advancing stocks outnumbered falling ones by 922 to 497 and 69 ended unchanged; on the Bombay Stock Exchange, 541 rose and 266 declined, while 40 ended unchanged on the India National Stock Exchange.

The India Vix, which measures the implied volatility of Nifty 50 options, was up 0.05% to 16.5800.

In commodities trading, Gold for June delivery was down 0.42% or 5.15 to $1235.05 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.77% or 0.33 to hit $42.97 a barrel, while the July Brent oil contract rose 0.86% or 0.38 to trade at $44.70 a barrel.

USD/INR was down 0.26% to 66.510, while EUR/INR fell 0.16% to 75.0200.

The US Dollar Index was down 0.18% at 94.57.

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