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India shares higher at close of trade; Nifty 50 up 0.69%

Published 10/06/2020, 08:45 pm
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.69%
NSEI
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NIFVIX
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AXBK
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BAJA
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COAL
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GAIL
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HROM
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HALC
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INBK
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KTKM
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RELI
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TISC
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BSESN
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BSESHLIP
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BSEREAL
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BSEBANK
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Investing.com – India equities were higher at the close on Wednesday, as gains in the Banking, Real Estate and Healthcare sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.69%, while the BSE Sensex 30 index added 0.86%.

The biggest gainers of the session on the Nifty 50 were IndusInd Bank Ltd. (NS:INBK), which rose 9.99% or 46.35 points to trade at 510.25 at the close. Hindalco Industries Ltd. (NS:HALC) added 3.09% or 4.40 points to end at 147.00 and AXIS Bank Ltd (NS:AXBK) was up 2.83% or 11.90 points to 431.95 in late trade.

Biggest losers included Hero MotoCorp Ltd (NS:HROM), which lost 3.47% or 82.80 points to trade at 2304.50 in late trade. GAIL Ltd (NS:GAIL) declined 2.92% or 2.95 points to end at 98.15 and Coal India Ltd (NS:COAL) shed 2.39% or 3.45 points to 140.85.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 7.93% to 500.70, Kotak Mahindra Bank Ltd. (BO:KTKM) which was up 2.75% to settle at 1339.65 and Reliance Industries Ltd (BO:RELI) which gained 2.27% to close at 1572.00.

The worst performers were Hero MotoCorp Ltd (BO:HROM) which was down 3.92% to 2292.20 in late trade, Tata Steel Ltd (BO:TISC) which lost 2.44% to settle at 324.25 and Bajaj Auto Ltd (BO:BAJA) which was down 2.29% to 2728.75 at the close.

Advancing stocks outnumbered falling ones by 1000 to 626 and 52 ended unchanged; on the Bombay Stock Exchange, 1449 rose and 973 declined, while 138 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.54% to 29.4375.

In commodities trading, Gold Futures for August delivery was up 0.16% or 2.75 to $1724.65 a troy ounce. Meanwhile, Crude oil for delivery in July fell 2.77% or 1.08 to hit $37.86 a barrel, while the August Brent oil contract fell 2.31% or 0.95 to trade at $40.23 a barrel.

USD/INR was up 0.07% to 75.540, while EUR/INR rose 0.34% to 85.8735.

The US Dollar Index Futures was down 0.19% at 96.142.

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