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India shares higher at close of trade; Nifty 50 up 0.22%

Published 24/10/2017, 09:45 pm
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.22%
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Investing.com – India equities were higher at the close on Tuesday, as gains in the Public Sector Undertakings, Power and Oil & Gas sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.22%, while the BSE Sensex 30 index gained 0.31%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd. (NS:ZEE), which rose 6.98% or 34.30 points to trade at 525.95 at the close. Asian Paints Ltd. (NS:ASPN) added 4.15% or 48.75 points to end at 1222.90 and State Bank Of India (NS:SBI) was up 3.46% or 8.50 points to 254.45 in late trade.

Biggest losers included HCL Technologies Ltd (NS:HCLT), which lost 2.42% or 22.70 points to trade at 914.55 in late trade. IndusInd Bank Ltd. (NS:INBK) declined 1.80% or 30.60 points to end at 1664.90 and Tech Mahindra Ltd (NS:TEML) shed 1.79% or 8.30 points to 454.80.

The top performers on the BSE Sensex 30 were Asian Paints Ltd. (BO:ASPN) which rose 4.10% to 1220.50, State Bank Of India (BO:SBI) which was up 3.56% to settle at 254.50 and NTPC Ltd (BO:NTPC) which gained 2.83% to close at 181.65.

The worst performers were Tata Motors Ltd (BO:TAMO) which was down 1.54% to 415.80 in late trade, Infosys Ltd (BO:INFY) which lost 1.37% to settle at 926.75 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 1.07% to 534.45 at the close.

Advancing stocks outnumbered falling ones by 874 to 698 and 22 ended unchanged; on the Bombay Stock Exchange, 1426 rose and 1244 declined, while 121 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 5.96% to 11.5900.

In commodities trading, Gold Futures for December delivery was down 0.07% or 0.84 to $1280.06 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.77% or 0.40 to hit $52.30 a barrel, while the December Brent oil contract rose 0.82% or 0.47 to trade at $57.84 a barrel.

USD/INR was up 0.05% to 65.085, while EUR/INR rose 0.10% to 76.4689.

The US Dollar Index Futures was up 0.03% at 93.75.

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