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India shares higher at close of trade; Nifty 50 up 0.16%

Published 19/12/2023, 09:30 pm
© Reuters India shares higher at close of trade; Nifty 50 up 0.16%

Investing.com – India equities were higher at the close on Tuesday, as gains in the Fast Moving Consumer Goods, Public Sector Undertakings and Oil & Gas sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.16%, while the BSE Sensex 30 index gained 0.17%.

The biggest gainers of the session on the Nifty 50 were Coal India Ltd (NS:COAL), which rose 5.55% or 19.30 points to trade at 366.95 at the close. Nestle India Ltd (NS:NEST) added 4.66% or 1,135.45 points to end at 25,489.70 and NTPC Ltd (NS:NTPC) was up 2.13% or 6.45 points to 309.65 in late trade.

Biggest losers included Adani Ports and Special Economic Zone Ltd (NS:APSE), which lost 1.86% or 20.30 points to trade at 1,074.00 in late trade. SBI Life Insurance Company Ltd (NS:SBIL) declined 1.55% or 22.40 points to end at 1,424.55 and Wipro Ltd (NS:WIPR) shed 1.47% or 6.55 points to 438.70.

The top performers on the BSE Sensex 30 were Nestle India Ltd (BO:NEST) which rose 4.66% to 25,490.00, NTPC Ltd (BO:NTPC) which was up 2.16% to settle at 309.80 and Reliance Industries Ltd (BO:RELI) which gained 1.53% to close at 2,558.45.

The worst performers were Wipro Ltd (BO:WIPR) which was down 1.43% to 438.60 in late trade, Tata Consultancy Services Ltd. (BO:TCS) which lost 1.19% to settle at 3,812.10 and HCL Technologies Ltd (BO:HCLT) which was down 1.07% to 1,488.15 at the close.

Declining stocks outnumbered rising ones by 1103 to 998 and 41 ended unchanged; on the Bombay Stock Exchange, 1839 rose and 1789 declined, while 137 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.23% to 13.87.

In commodities trading, Gold Futures for February delivery was down 0.02% or 0.45 to $2,040.05 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.36% or 0.26 to hit $72.56 a barrel, while the February Brent oil contract fell 0.35% or 0.27 to trade at $77.68 a barrel.

USD/INR was up 0.14% to 83.27, while EUR/INR rose 0.23% to 91.04.

The US Dollar Index Futures was down 0.03% at 102.15.

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