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India shares higher at close of trade; Nifty 50 up 1.18%

Published 06/11/2020, 09:45 pm
© Reuters.  India shares higher at close of trade; Nifty 50 up 1.18%
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Investing.com – India equities were higher at the close on Friday, as gains in the Banking, Carbon and Real Estate sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 1.18% to hit a new 6-month high, while the BSE Sensex 30 index added 1.34%.

The biggest gainers of the session on the Nifty 50 were Reliance Industries Ltd (NS:RELI), which rose 3.58% or 70.00 points to trade at 2025.00 at the close. Bajaj Finserv Ltd (NS:BJFS) added 3.48% or 210.85 points to end at 6266.00 and IndusInd Bank Ltd. (NS:INBK) was up 3.09% or 22.10 points to 736.50 in late trade.

Biggest losers included Maruti Suzuki India Ltd. (NS:MRTI), which lost 2.72% or 192.80 points to trade at 6900.00 in late trade. GAIL Ltd (NS:GAIL) declined 1.89% or 1.65 points to end at 85.80 and Bharti Airtel Ltd. (NS:BRTI) shed 1.54% or 7.05 points to 450.25.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 3.78% to 2029.00, Bajaj Finserv Ltd (BO:BJFS) which was up 3.54% to settle at 6270.00 and IndusInd Bank Ltd. (BO:INBK) which gained 3.43% to close at 738.70.

The worst performers were Maruti Suzuki India Ltd. (BO:MRTI) which was down 2.73% to 6900.00 in late trade, Bharti Airtel Ltd (BO:BRTI) which lost 1.67% to settle at 449.75 and Asian Paints Ltd. (BO:ASPN) which was down 1.49% to 2205.00 at the close.

Advancing stocks outnumbered falling ones by 938 to 639 and 121 ended unchanged; on the Bombay Stock Exchange, 1446 rose and 1095 declined, while 184 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.23% to 20.4975.

In commodities trading, Gold Futures for December delivery was up 0.25% or 4.95 to $1951.75 a troy ounce. Meanwhile, Crude oil for delivery in December fell 3.02% or 1.17 to hit $37.62 a barrel, while the January Brent oil contract fell 2.57% or 1.05 to trade at $39.88 a barrel.

USD/INR was up 0.33% to 74.153, while EUR/INR rose 0.64% to 87.9710.

The US Dollar Index Futures was down 0.17% at 92.360.

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