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India shares higher at close of trade; Nifty 50 up 0.21%

Published 18/09/2019, 08:45 pm
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.21%
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Investing.com – India equities were higher at the close on Wednesday, as gains in the Real Estate, Metals and Oil & Gas sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 0.21%, while the BSE Sensex 30 index added 0.23%.

The biggest gainers of the session on the Nifty 50 were Tata Steel Ltd (NS:TISC), which rose 3.70% or 12.75 points to trade at 358.25 at the close. Bharat Petroleum Corp. Ltd. (NS:BPCL) added 3.59% or 13.25 points to end at 382.10 and Vedanta Ltd (NS:VDAN) was up 3.16% or 4.60 points to 149.70 in late trade.

Biggest losers included Britannia Industries Ltd (NS:BRIT), which lost 2.88% or 77.55 points to trade at 2613.85 in late trade. Coal India Ltd (NS:COAL) declined 2.61% or 5.15 points to end at 192.35 and Indiabulls Housing Finance Ltd (NS:INBF) shed 2.78% or 11.95 points to 419.25.

The top performers on the BSE Sensex 30 were Tata Steel Ltd (BO:TISC) which rose 3.95% to 358.05, Vedanta Ltd (BO:VDAN) which was up 2.68% to settle at 149.45 and State Bank Of India (BO:SBI) which gained 2.41% to close at 280.50.

The worst performers were Oil And Natural Gas Corporation Ltd (BO:ONGC) which was down 2.08% to 127.00 in late trade, Yes Bank Ltd (BO:YESB) which lost 1.61% to settle at 64.10 and Bharti Airtel Ltd (BO:BRTI) which was down 1.21% to 335.75 at the close.

Advancing stocks outnumbered falling ones by 793 to 751 and 88 ended unchanged; on the Bombay Stock Exchange, 1199 rose and 1186 declined, while 148 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.15% to 15.3525.

In commodities trading, Gold Futures for December delivery was down 0.29% or 4.35 to $1509.05 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.61% or 0.36 to hit $58.74 a barrel, while the November Brent oil contract fell 0.34% or 0.22 to trade at $64.33 a barrel.

USD/INR was down 0.42% to 71.175, while EUR/INR fell 0.64% to 78.6200.

The US Dollar Index Futures was up 0.20% at 98.018.

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