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India shares higher at close of trade; Nifty 50 up 0.80%

Published 24/05/2018, 08:45 pm
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.80%
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Investing.com – India equities were higher at the close on Thursday, as gains in the IT, Technology and Banking sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 0.80%, while the BSE Sensex 30 index gained 0.93%.

The biggest gainers of the session on the Nifty 50 were Bharti Airtel Ltd. (NS:BRTI), which rose 4.34% or 15.50 points to trade at 371.90 at the close. Tata Consultancy Services Ltd. (NS:TCS) added 3.31% or 115.65 points to end at 3603.70 and Infosys Ltd (NS:INFY) was up 2.96% or 35.10 points to 1221.00 in late trade.

Biggest losers included Tata Motors Ltd (NS:TAMO), which lost 6.33% or 19.60 points to trade at 288.65 in late trade. Oil And Natural Gas Corporation Ltd (NS:ONGC) declined 4.39% or 7.70 points to end at 167.70 and GAIL Ltd (NS:GAIL) shed 5.45% or 17.60 points to 309.50.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 4.11% to 371.45, Infosys Ltd (BO:INFY) which was up 3.09% to settle at 1221.85 and Tata Consultancy Services Ltd. (BO:TCS) which gained 3.08% to close at 3604.80.

The worst performers were Tata Motors Ltd (BO:TAMO) which was down 6.56% to 288.95 in late trade, Oil And Natural Gas Corporation Ltd (BO:ONGC) which lost 4.50% to settle at 167.65 and Tata Motors Ltd DVR (BO:TAMdv) which was down 4.40% to 168.30 at the close.

Declining stocks outnumbered rising ones by 834 to 754 and 45 ended unchanged; on the Bombay Stock Exchange, 1324 fell and 1229 advanced, while 129 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 7.15% to 13.1450.

In commodities trading, Gold Futures for June delivery was up 0.46% or 5.90 to $1295.50 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.63% or 0.45 to hit $71.39 a barrel, while the July Brent oil contract fell 0.73% or 0.58 to trade at $79.22 a barrel.

USD/INR was up 0.10% to 68.355, while EUR/INR rose 0.16% to 80.1050.

The US Dollar Index Futures was down 0.18% at 93.74.

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