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India stocks higher at close of trade; S&P CNX Nifty up 0.99%

Published 16/07/2015, 08:45 pm
India stocks higher at close of trade; S&P CNX Nifty up 0.99%

Investing.com – India stocks were higher after the close on Thursday, as gains in the Consumer Durables, Banking and Power sectors led shares higher.

At the close in NSE, the S&P CNX Nifty added 0.99% to hit a new 3-months high, while the BSE Sensex 30 index gained 0.88%.

The best performers of the session on the S&P CNX Nifty were AXIS Bank Ltd. (NSE:AXBK), which rose 4.22% or 24.65 points to trade at 608.65 at the close. Meanwhile, Kotak Mahindra Bank Ltd. (NSE:KTKM) added 4.06% or 28.95 points to end at 741.25 and Yes Bank Ltd. (NSE:YESB) was up 3.24% or 26.05 points to 830.35 in late trade.

The worst performers of the session were Vedanta Ltd (NSE:VDAN), which fell 1.27% or 1.85 points to trade at 143.65 at the close. NMDC Ltd (NSE:NMDC) declined 1.26% or 1.45 points to end at 113.45 and Mahindra & Mahindra Ltd. (NSE:MAHM) was down 0.87% or 11.15 points to 1276.85.

The top performers on the BSE Sensex 30 were AXIS Bank Ltd. (BO:AXBK) which rose 4.14% to 608.75, Bharat Heavy Electricals Ltd. (BO:BHEL) which was up 2.36% to settle at 279.75 and Tata Power Co. Ltd (BO:TTPW) which gained 2.08% to close at 76.00.

The worst performers were Vedanta Ltd (BO:VDAN) which was down 1.17% to 143.70 in late trade, Mahindra & Mahindra Ltd. (BO:MAHM) which lost 0.91% to settle at 1276.05 and Wipro Ltd. (BO:WIPR) which was down 0.80% to 573.25 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 818 to 632 and 6 ended unchanged; on the Bombay Stock Exchange, 445 rose and 299 declined, while 3 ended unchanged.

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The India Vix, which measures the implied volatility of S&P CNX Nifty options, was down 5.04% to 14.7825 a new 3-months low.

Gold for August delivery was down 0.31% or 3.60 to $1143.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.71% or 0.36 to hit $51.77 a barrel, while the September Brent oil contract rose 0.75% or 0.43 to trade at $57.55 a barrel.

USD/INR was up 0.02% to 63.520, while EUR/INR fell 0.54% to 69.1640.

The US Dollar Index was up 0.44% at 97.71.

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