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India shares higher at close of trade; Nifty 50 up 1.79%

Published 08/12/2016, 09:45 pm
© Reuters.  India shares higher at close of trade; Nifty 50 up 1.79%
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Investing.com – India equities were higher at the close on Thursday, as gains in the Metals, Auto and Green Energy sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 1.79%, while the BSE Sensex 30 index gained 1.74%.

The biggest gainers of the session on the Nifty 50 were TATA STEEL LIMITED (NS:TISC), which rose 4.89% or 20.15 points to trade at 432.05 at the close. Tata Motors DV Ltd (NS:TAMdv) added 4.41% or 12.85 points to end at 304.00 and Tata Motors Ltd . (NS:TAMO) was up 3.57% or 15.90 points to 461.25 in late trade.

Biggest losers included Bharti Infratel Limited (NS:BHRI), which lost 2.38% or 9.000 points to trade at 369.900 in late trade. Eicher Motors Ltd. (NS:EICH) declined 0.40% or 94.00 points to end at 23288.00 and Aurobindo Pharma Ltd. (NS:ARBN) shed 0.21% or 1.55 points to 721.10.

The top performers on the BSE Sensex 30 were TATA STEEL LIMITED (BO:TISC) which rose 4.62% to 431.55, Tata Motors Ltd. (BO:TAMO) which was up 3.60% to settle at 461.30 and Adani Ports & Special Economic Zone (BO:APSE) which gained 3.30% to close at 286.25.

The worst performers were NTPC Limited (BO:NTPC) which was down 0.06% to 163.00 in late trade, Asian Paints Ltd. (BO:ASPN) which gained 0.29% to settle at 935.40 and AXIS Bank Ltd. (BO:AXBK) which was up 0.44% to 449.50 at the close.

Advancing stocks outnumbered falling ones by 1158 to 313 and 64 ended unchanged; on the Bombay Stock Exchange, 1795 rose and 805 declined, while 163 ended unchanged on the India National Stock Exchange.

The India Vix, which measures the implied volatility of Nifty 50 options, was down 7.84% to 15.5250.

In commodities trading, Gold for February delivery was down 0.03% or 0.35 to $1177.15 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.86% or 0.43 to hit $50.20 a barrel, while the February Brent oil contract rose 0.92% or 0.49 to trade at $53.49 a barrel.

USD/INR was down 0.14% to 67.350, while EUR/INR rose 0.19% to 72.6650.

The US Dollar Index was down 0.31% at 99.97.

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