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India shares higher at close of trade; Nifty 50 up 0.47%

Published 19/11/2019, 09:45 pm
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.47%
NSEI
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Investing.com – India equities were higher at the close on Tuesday, as gains in the Public Sector Undertakings, Power and Technology sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.47%, while the BSE Sensex 30 index gained 0.46%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd (NS:BHRI), which rose 10.96% or 24.85 points to trade at 250.55 at the close. Bharti Airtel Ltd. (NS:BRTI) added 8.66% or 35.45 points to end at 439.35 and Reliance Industries Ltd (NS:RELI) was up 3.59% or 52.35 points to 1509.75 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd. (NS:ZEE), which lost 2.09% or 6.15 points to trade at 285.85 in late trade. Yes Bank Ltd (NS:YESB) declined 2.58% or 1.70 points to end at 64.15 and Mahindra & Mahindra Ltd. (NS:MAHM) shed 2.21% or 12.70 points to 560.65.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 7.36% to 439.25, Reliance Industries Ltd (BO:RELI) which was up 3.52% to settle at 1509.80 and AXIS Bank Ltd. (BO:AXBK) which gained 3.43% to close at 747.85.

The worst performers were Yes Bank Ltd (BO:YESB) which was down 2.66% to 64.15 in late trade, Mahindra & Mahindra Ltd. (BO:MAHM) which lost 2.19% to settle at 560.60 and Tata Consultancy Services Ltd. (BO:TCS) which was down 2.02% to 2108.30 at the close.

Declining stocks outnumbered rising ones by 851 to 709 and 71 ended unchanged; on the Bombay Stock Exchange, 1331 fell and 1102 advanced, while 169 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.17% to 15.4125.

In commodities trading, Gold Futures for December delivery was down 0.42% or 6.15 to $1465.75 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.84% or 0.48 to hit $56.66 a barrel, while the January Brent oil contract fell 0.78% or 0.49 to trade at $61.95 a barrel.

USD/INR was down 0.27% to 71.744, while EUR/INR fell 0.27% to 79.4240.

The US Dollar Index Futures was up 0.08% at 97.745.

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