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India shares higher at close of trade; Nifty 50 up 0.75%

Published 07/11/2016, 09:45 pm
India shares higher at close of trade; Nifty 50 up 0.75%
IBN
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NSEI
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NIFVIX
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ARBN
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HLL
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HALC
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LART
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LUPN
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SBI
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TCS
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INUS
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BSESN
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BSESHLIP
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BSEMET
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BSEBANK
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TAMdv
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Investing.com – India equities were higher at the close on Monday, as gains in the Metals, Healthcare and Banking sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.75%, while the BSE Sensex 30 index climbed 0.68%.

The biggest gainers of the session on the Nifty 50 were Lupin Ltd (NS:LUPN), which rose 6.97% or 99.05 points to trade at 1519.95 at the close. Aurobindo Pharma Ltd. (NS:ARBN) added 5.36% or 39.00 points to end at 767.10 and Hindalco Industries Ltd. (NS:HALC) was up 5.19% or 8.25 points to 167.10 in late trade.

Biggest losers included Tata Consultancy Services Ltd. (NS:TCS), which lost 2.77% or 64.55 points to trade at 2266.00 in late trade. Tata Motors DV Ltd (NS:TAMdv) declined 2.65% or 8.90 points to end at 326.75 and Bharti Infratel Limited (NS:BHRI) shed 2.18% or 7.950 points to 356.100.

The top performers on the BSE Sensex 30 were Lupin Ltd (BO:LUPN) which rose 6.93% to 1519.40, State Bank Of India (BO:SBI) which was up 4.06% to settle at 252.70 and ICICI Bank Ltd. (BO:ICBK) which gained 3.36% to close at 278.75.

The worst performers were Tata Consultancy Services Ltd. (BO:TCS) which was down 2.18% to 2279.35 in late trade, Larsen & Toubro Limited (BO:LART) which lost 1.34% to settle at 1399.85 and Hindustan Unilever Ltd. (BO:HLL) which was down 1.09% to 838.15 at the close.

Advancing stocks outnumbered falling ones by 1091 to 412 and 45 ended unchanged; on the Bombay Stock Exchange, 1977 rose and 835 declined, while 124 ended unchanged on the India National Stock Exchange.

The India Vix, which measures the implied volatility of Nifty 50 options, was down 2.02% to 16.5075.

In commodities trading, Gold for December delivery was down 1.31% or 17.15 to $1287.35 a troy ounce. Meanwhile, Crude oil for delivery in December rose 1.50% or 0.66 to hit $44.73 a barrel, while the January Brent oil contract rose 1.12% or 0.51 to trade at $46.09 a barrel.

USD/INR was down 0.09% to 66.736, while EUR/INR fell 0.75% to 73.8550.

The US Dollar Index was up 0.73% at 97.65.

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