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India shares higher at close of trade; Nifty 50 up 0.58%

Published 11/12/2018, 09:45 pm
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.58%
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Investing.com – India equities were higher at the close on Tuesday, as gains in the Consumer Durables, Healthcare and Fast Moving Consumer Goods sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.58%, while the BSE Sensex 30 index climbed 0.54%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd (NS:YESB), which rose 8.09% or 13.40 points to trade at 177.85 at the close. Sun Pharmaceutical Industries Ltd. (NS:SUN) added 6.22% or 24.80 points to end at 422.30 and Asian Paints Ltd. (NS:ASPN) was up 3.82% or 48.65 points to 1323.60 in late trade.

Biggest losers included Hindustan Petroleum Corporation Ltd (NS:HPCL), which lost 3.00% or 6.80 points to trade at 220.10 in late trade. Indian Oil Corporation Ltd (NS:IOC) declined 1.75% or 2.35 points to end at 131.95 and Bharti Airtel Ltd. (NS:BRTI) shed 1.61% or 4.75 points to 290.25.

The top performers on the BSE Sensex 30 were Yes Bank Ltd (BO:YESB) which rose 7.29% to 177.40, Sun Pharmaceutical Industries Ltd. (BO:SUN) which was up 5.75% to settle at 421.80 and Asian Paints Ltd. (BO:ASPN) which gained 4.03% to close at 1323.95.

The worst performers were Hero MotoCorp Ltd (BO:HROM) which was down 1.58% to 2994.00 in late trade, Bharti Airtel Ltd (BO:BRTI) which lost 1.43% to settle at 290.10 and HDFC Bank Ltd (BO:HDBK) which was down 1.36% to 2060.80 at the close.

Advancing stocks outnumbered falling ones by 1138 to 420 and 60 ended unchanged; on the Bombay Stock Exchange, 1581 rose and 757 declined, while 131 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 12.20% to 17.9450.

In commodities trading, Gold Futures for February delivery was up 0.29% or 3.60 to $1253.00 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.80% or 0.41 to hit $51.41 a barrel, while the February Brent oil contract rose 0.73% or 0.44 to trade at $60.41 a barrel.

USD/INR was down 0.82% to 71.875, while EUR/INR fell 0.77% to 81.7525.

The US Dollar Index Futures was down 0.23% at 96.960.

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