Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

India shares higher at close of trade; Nifty 50 up 1.17%

Published 27/08/2018, 08:45 pm
© Reuters.  India shares higher at close of trade; Nifty 50 up 1.17%
NSEI
-
NIFVIX
-
BJFS
-
BRTI
-
REDY
-
HROM
-
HALC
-
HDFC
-
ICBK
-
PGRD
-
SUN
-
BSESN
-
BSEPOWER
-
BSEPSU
-
BSEBANK
-

Investing.com – India equities were higher at the close on Monday, as gains in the Power, Public Sector Undertakings and Banking sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 1.17% to hit a new all time high, while the BSE Sensex 30 index added 1.16%.

The biggest gainers of the session on the Nifty 50 were Hindalco Industries Ltd. (NS:HALC), which rose 3.65% or 8.10 points to trade at 230.25 at the close. Power Grid Corporation of India Ltd (NS:PGRD) added 3.35% or 6.40 points to end at 197.80 and ICICI Bank Ltd (NS:ICBK) was up 2.92% or 9.65 points to 339.90 in late trade.

Biggest losers included Sun Pharmaceutical Industries Ltd. (NS:SUN), which lost 1.32% or 8.30 points to trade at 621.80 in late trade. Bajaj Finserv Ltd (NS:BJFS) declined 0.29% or 20.20 points to end at 7030.15 and Dr. Reddy’s Laboratories Ltd (NS:REDY) shed 0.10% or 2.45 points to 2443.10.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 3.93% to 383.00, Power Grid Corporation of India Ltd (BO:PGRD) which was up 3.64% to settle at 197.80 and ICICI Bank Ltd (BO:ICBK) which gained 2.97% to close at 339.90.

The worst performers were Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 1.25% to 621.80 in late trade, Hero MotoCorp Ltd (BO:HROM) which gained 0.35% to settle at 3223.85 and Housing Development Finance Corporation Ltd (BO:HDFC) which was up 0.43% to 1927.00 at the close.

Advancing stocks outnumbered falling ones by 845 to 770 and 54 ended unchanged; on the Bombay Stock Exchange, 1386 rose and 1247 declined, while 185 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.37% to 12.2375.

In commodities trading, Gold Futures for December delivery was down 0.31% or 3.80 to $1209.50 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.39% or 0.27 to hit $68.45 a barrel, while the November Brent oil contract fell 0.33% or 0.25 to trade at $75.88 a barrel.

USD/INR was up 0.52% to 70.138, while EUR/INR rose 0.06% to 81.3685.

The US Dollar Index Futures was up 0.08% at 95.16.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.