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India shares higher at close of trade; Nifty 50 up 0.61%

Published 29/01/2020, 09:45 pm
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.61%
NSEI
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NIFVIX
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BJFN
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REDY
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EICH
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HDFC
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ITC
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TCS
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TAMO
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ULTC
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YESB
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NEST
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INUS
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BSESN
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BSECG
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BSESCGIP
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BSEMET
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Investing.com – India equities were higher at the close on Wednesday, as gains in the Fast Moving Consumer Goods, Capital Goods and Metals sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 0.61%, while the BSE Sensex 30 index gained 0.57%.

The biggest gainers of the session on the Nifty 50 were Tata Motors Ltd (NS:TAMO), which rose 6.81% or 12.00 points to trade at 188.10 at the close. Bajaj Finance Ltd (NS:BJFN) added 5.06% or 213.20 points to end at 4426.20 and Bharti Infratel Ltd (NS:BHRI) was up 3.35% or 7.95 points to 245.55 in late trade.

Biggest losers included Eicher Motors Ltd. (NS:EICH), which lost 4.51% or 950.65 points to trade at 20136.00 in late trade. Yes Bank Ltd (NS:YESB) declined 1.44% or 0.60 points to end at 41.05 and Dr. Reddy’s Laboratories Ltd (NS:REDY) shed 1.38% or 44.00 points to 3145.15.

The top performers on the BSE Sensex 30 were Bajaj Finance Ltd (BO:BJFN) which rose 4.95% to 4421.75, Nestle India Ltd (BO:NEST) which was up 2.95% to settle at 15868.00 and ITC Ltd (BO:ITC) which gained 2.64% to close at 236.85.

The worst performers were Tata Consultancy Services Ltd. (BO:TCS) which was down 1.44% to 2152.70 in late trade, Housing Development Finance Corporation Ltd (BO:HDFC) which lost 1.18% to settle at 2403.65 and UltraTech Cement Ltd (BO:ULTC) which was down 0.84% to 4570.00 at the close.

Advancing stocks outnumbered falling ones by 823 to 694 and 114 ended unchanged; on the Bombay Stock Exchange, 1205 rose and 1178 declined, while 146 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.62% to 16.4975.

In commodities trading, Gold Futures for February delivery was up 0.05% or 0.75 to $1570.55 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.93% or 0.50 to hit $53.98 a barrel, while the April Brent oil contract rose 0.85% or 0.50 to trade at $59.31 a barrel.

USD/INR was up 0.10% to 71.260, while EUR/INR fell 0.07% to 78.3935.

The US Dollar Index Futures was up 0.09% at 97.920.

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