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India shares higher at close of trade; Nifty 50 up 1.21%

Published 15/06/2016, 08:45 pm
India shares higher at close of trade; Nifty 50 up 1.21%
RDY
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NSEI
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NIFVIX
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ARBN
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AXBK
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APSE
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NTPC
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SBI
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VDAN
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SUN
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INUS
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BSESN
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BSECG
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BSEPOWER
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BSEPSU
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Investing.com – India equities were higher at the close on Wednesday, as gains in the Capital Goods, Power and Public Sector Undertakings sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 1.21%, while the BSE Sensex 30 index gained 1.25%.

The biggest gainers of the session on the Nifty 50 were Vedanta Ltd (NS:VDAN), which rose 4.31% or 4.95 points to trade at 119.70 at the close. State Bank Of India (NS:SBI) added 4.02% or 8.35 points to end at 216.05 and NTPC Limited (NS:NTPC) was up 3.98% or 5.90 points to 154.15 in late trade.

Biggest losers included Bharti Infratel Limited (NS:BHRI), which lost 4.12% or 15.700 points to trade at 365.100 in late trade. Aurobindo Pharma Ltd. (NS:ARBN) declined 1.27% or 9.55 points to end at 740.65 and Adani Ports & Special Economic Zone (NS:APSE) shed 0.77% or 1.60 points to 207.00.

The top performers on the BSE Sensex 30 were Vedanta Ltd (BO:VDAN) which rose 4.40% to 119.75, State Bank Of India (BO:SBI) which was up 3.90% to settle at 215.65 and NTPC Limited (BO:NTPC) which gained 3.88% to close at 153.95.

The worst performers were Dr. Reddy's Laboratories Ltd. (BO:REDY) which was down 0.51% to 3080.15 in late trade, AXIS Bank Ltd. (BO:AXBK) which lost 0.35% to settle at 528.50 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 0.14% to 751.65 at the close.

Advancing stocks outnumbered falling ones by 959 to 470 and 63 ended unchanged; on the Bombay Stock Exchange, 1050 rose and 536 declined, while 65 ended unchanged on the India National Stock Exchange.

The India Vix, which measures the implied volatility of Nifty 50 options, was down 0.79% to 17.0550.

In commodities trading, Gold for August delivery was down 0.28% or 3.60 to $1284.50 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.74% or 0.36 to hit $48.13 a barrel, while the August Brent oil contract fell 1.14% or 0.57 to trade at $49.26 a barrel.

USD/INR was down 0.24% to 67.130, while EUR/INR fell 0.09% to 75.3430.

The US Dollar Index was down 0.15% at 94.89.

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