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India shares higher at close of trade; Nifty 50 up 2.20%

Published 29/10/2018, 09:45 pm
© Reuters.  India shares higher at close of trade; Nifty 50 up 2.20%
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Investing.com – India equities were higher at the close on Monday, as gains in the Healthcare, Real Estate and Capital Goods sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 2.20%, while the BSE Sensex 30 index climbed 2.15%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd (NS:INBF), which rose 12.49% or 85.45 points to trade at 771.55 at the close. ICICI Bank Ltd (NS:ICBK) added 11.34% or 35.80 points to end at 349.40 and State Bank Of India (NS:SBI) was up 7.82% or 19.40 points to 267.90 in late trade.

Biggest losers included IndusInd Bank Ltd. (NS:INBK), which lost 2.48% or 35.80 points to trade at 1412.80 in late trade. HDFC Bank Ltd (NS:HDBK) declined 1.60% or 31.30 points to end at 1926.30 and Kotak Mahindra Bank Ltd. (NS:KTKM) shed 1.61% or 18.60 points to 1138.10.

The top performers on the BSE Sensex 30 were ICICI Bank Ltd (BO:ICBK) which rose 10.82% to 349.15, State Bank Of India (BO:SBI) which was up 8.04% to settle at 268.05 and Adani Port and Special Economic Zone Ltd (BO:APSE) which gained 7.33% to close at 326.60.

The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 2.36% to 1410.95 in late trade, HDFC Bank Ltd (BO:HDBK) which lost 1.95% to settle at 1924.00 and Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 1.85% to 1137.55 at the close.

Advancing stocks outnumbered falling ones by 1254 to 342 and 52 ended unchanged; on the Bombay Stock Exchange, 1764 rose and 744 declined, while 133 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 3.08% to 19.8250.

In commodities trading, Gold Futures for December delivery was down 0.04% or 0.50 to $1232.00 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.37% or 0.25 to hit $67.34 a barrel, while the January Brent oil contract fell 0.31% or 0.24 to trade at $77.38 a barrel.

USD/INR was up 0.45% to 73.451, while EUR/INR rose 0.01% to 83.7720.

The US Dollar Index Futures was up 0.05% at 96.18.

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