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India shares higher at close of trade; Nifty 50 up 0.13%

Published 10/10/2016, 09:45 pm
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.13%
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Investing.com – India equities were higher at the close on Monday, as gains in the Consumer Durables, Metals and IT sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 0.13%, while the BSE Sensex 30 index added 0.08%.

The biggest gainers of the session on the Nifty 50 were TATA STEEL LIMITED (NS:TISC), which rose 3.14% or 12.75 points to trade at 419.30 at the close. ACC Ltd (NS:ACC) added 2.56% or 41.60 points to end at 1667.00 and Asian Paints Ltd. (NS:ASPN) was up 2.23% or 26.40 points to 1211.00 in late trade.

Biggest losers included Bharti Airtel Ltd. (NS:BRTI), which lost 1.22% or 3.90 points to trade at 315.55 in late trade. Reliance Industries Ltd (NS:RELI) declined 1.17% or 13.00 points to end at 1096.00 and Adani Ports & Special Economic Zone (NS:APSE) shed 1.07% or 2.85 points to 264.00.

The top performers on the BSE Sensex 30 were TATA STEEL LIMITED (BO:TISC) which rose 2.71% to 417.40, Vedanta Ltd (BO:VDAN) which was up 2.36% to settle at 199.40 and Cipla Ltd. (BO:CIPL) which gained 1.90% to close at 580.55.

The worst performers were NTPC Limited (BO:NTPC) which was down 1.28% to 146.45 in late trade, Bharti Airtel Ltd (BO:BRTI) which lost 1.27% to settle at 316.10 and Reliance Industries Ltd (BO:RELI) which was down 1.26% to 1095.95 at the close.

Advancing stocks outnumbered falling ones by 851 to 646 and 50 ended unchanged; on the Bombay Stock Exchange, 1673 rose and 1147 declined, while 126 ended unchanged on the India National Stock Exchange.

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The India Vix, which measures the implied volatility of Nifty 50 options, was down 1.38% to 14.2850.

In commodities trading, Gold for December delivery was up 0.95% or 11.85 to $1263.75 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.36% or 0.18 to hit $49.99 a barrel, while the December Brent oil contract rose 0.64% or 0.33 to trade at $52.26 a barrel.

USD/INR was down 0.05% to 66.566, while EUR/INR fell 0.35% to 74.3400.

The US Dollar Index was up 0.23% at 96.74.

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