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India shares higher at close of trade; Nifty 50 up 0.84%

Published 11/05/2018, 08:45 pm
India shares higher at close of trade; Nifty 50 up 0.84%
NSEI
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NIFVIX
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ASPN
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BRTI
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HPCL
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LART
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SUN
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TISC
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TITN
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BSESN
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BSEMET
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BSEOIL
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BSEBANK
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SMMN
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TAMdv
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Investing.com – India equities were higher at the close on Friday, as gains in the Metals, Banking and Oil & Gas sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.84% to hit a new 3-month high, while the BSE Sensex 30 index gained 0.82%.

The biggest gainers of the session on the Nifty 50 were Asian Paints Ltd. (NS:ASPN), which rose 5.53% or 67.35 points to trade at 1286.45 at the close. Hindustan Petroleum Corporation Ltd (NS:HPCL) added 3.52% or 10.85 points to end at 318.75 and Indiabulls Housing Finance Ltd (NS:INBF) was up 2.38% or 28.80 points to 1239.95 in late trade.

Biggest losers included Bharti Airtel Ltd. (NS:BRTI), which lost 6.32% or 26.05 points to trade at 386.60 in late trade. Sun Pharmaceutical Industries Ltd. (NS:SUN) declined 5.33% or 26.50 points to end at 472.05 and Titan Company Ltd (NS:TITN) shed 1.55% or 15.10 points to 956.05.

The top performers on the BSE Sensex 30 were Asian Paints Ltd. (BO:ASPN) which rose 6.17% to 1289.60, Tata Steel Ltd (BO:TISC) which was up 2.17% to settle at 606.65 and Larsen & Toubro Ltd (BO:LART) which gained 1.69% to close at 1387.05.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 6.44% to 385.70 in late trade, Sun Pharmaceutical Industries Ltd. (BO:SUN) which lost 5.05% to settle at 471.85 and Tata Motors Ltd DVR (BO:TAMdv) which was down 1.69% to 194.90 at the close.

Declining stocks outnumbered rising ones by 976 to 628 and 38 ended unchanged; on the Bombay Stock Exchange, 1512 fell and 1078 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 3.10% to 13.9775.

In commodities trading, Gold Futures for June delivery was up 0.20% or 2.60 to $1324.90 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.15% or 0.11 to hit $71.47 a barrel, while the July Brent oil contract fell 0.08% or 0.06 to trade at $77.41 a barrel.

USD/INR was up 0.25% to 67.275, while EUR/INR rose 0.28% to 80.3484.

The US Dollar Index Futures was down 0.24% at 92.35.

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