🔮 Better than the Oracle? Our Fair Value found this +42% bagger 5 months before Buffett bought itRead More

India stocks higher at close of trade; Nifty 50 up 0.48%

Published 08/31/2016, 06:45 AM
India stocks higher at close of trade; Nifty 50 up 0.48%
HDB
-
NSEI
-
NIFVIX
-
BOSH
-
HROM
-
HALC
-
KTKM
-
LART
-
ONGC
-
VDAN
-
TISC
-
ULTC
-
BSESN
-
BSECG
-
BSECD
-
BSEBANK
-

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

At the close in NSE, the Nifty 50 added 0.48% to hit a new 52-week high, while the BSE Sensex 30 index gained 0.39%.

The best performers of the session on the Nifty 50 were UltraTech Cement Ltd (NS:ULTC), which rose 3.52% or 136.85 points to trade at 4028.70 at the close. Meanwhile, Kotak Mahindra Bank Ltd. (NS:KTKM) added 2.64% or 20.75 points to end at 806.90 and Larsen & Toubro Limited (NS:LART) was up 2.53% or 37.30 points to 1512.95 in late trade.

The worst performers of the session were Bosch Ltd (NS:BOSH), which fell 2.29% or 566.45 points to trade at 24167.80 at the close. Oil And Natural Gas Corporation Ltd (NS:ONGC) declined 2.23% or 5.40 points to end at 236.30 and Hindalco Industries Ltd. (NS:HALC) was down 2.15% or 3.50 points to 159.25.

The top performers on the BSE Sensex 30 were Larsen & Toubro Limited (BO:LART) which rose 2.71% to 1513.85, Hero MotoCorp Limited (BO:HROM) which was up 2.13% to settle at 3547.50 and HDFC Bank Ltd. (BO:HDBK) which gained 1.83% to close at 1290.75.

The worst performers were Vedanta Ltd (BO:VDAN) which was down 2.75% to 170.05 in late trade, TATA STEEL LIMITED (BO:TISC) which lost 1.95% to settle at 370.45 and Oil And Natural Gas Corporation Ltd (BO:ONGC) which was down 1.92% to 237.05 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 796 to 673 and 63 ended unchanged; on the Bombay Stock Exchange, 836 fell and 753 advanced, while 89 ended unchanged.

Shares in UltraTech Cement Ltd (NS:ULTC) rose to all time highs; rising 3.52% or 136.85 to 4028.70. Shares in Kotak Mahindra Bank Ltd. (NS:KTKM) rose to 52-week highs; gaining 2.64% or 20.75 to 806.90. Shares in Hero MotoCorp Limited (BO:HROM) rose to all time highs; up 2.13% or 74.15 to 3547.50. Shares in HDFC Bank Ltd. (BO:HDBK) rose to all time highs; gaining 1.83% or 23.25 to 1290.75.

The India Vix, which measures the implied volatility of Nifty 50 options, was up 1.71% to 13.2425.

Gold for December delivery was up 0.05% or 0.65 to $1317.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.63% or 0.29 to hit $46.06 a barrel, while the November Brent oil contract fell 0.84% or 0.41 to trade at $48.32 a barrel.

USD/INR was down 0.35% to 66.910, while EUR/INR fell 0.30% to 74.5980.

The US Dollar Index was down 0.01% at 96.04.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.