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India stocks higher at close of trade; Nifty 50 up 0.81%

Published 06/23/2016, 06:45 AM
Updated 06/23/2016, 06:45 AM
India stocks higher at close of trade; Nifty 50 up 0.81%

Investing.com – India stocks were higher after the close on Thursday, as gains in the Banking, Auto and Green Energy sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.81%, while the BSE Sensex 30 index gained 0.88%.

The best performers of the session on the Nifty 50 were Tata Motors Ltd . (NS:TAMO), which rose 3.23% or 15.25 points to trade at 487.95 at the close. Meanwhile, Yes Bank Ltd. (NS:YESB) added 2.96% or 31.95 points to end at 1110.80 and Ambuja Cements Ltd. (NS:ABUJ) was up 2.90% or 7.05 points to 249.90 in late trade.

The worst performers of the session were Bharti Infratel Limited (NS:BHRI), which fell 5.01% or 17.000 points to trade at 322.000 at the close. NTPC Limited (NS:NTPC) declined 2.29% or 3.50 points to end at 149.10 and Cipla Ltd. (NS:CIPL) was down 1.39% or 6.70 points to 475.75.

The top performers on the BSE Sensex 30 were Tata Motors Ltd. (BO:TAMO) which rose 3.28% to 488.00, Dr. Reddy's Laboratories Ltd. (BO:REDY) which was up 2.18% to settle at 3170.70 and State Bank Of India (BO:SBI) which gained 2.16% to close at 217.40.

The worst performers were NTPC Limited (BO:NTPC) which was down 2.10% to 149.05 in late trade, Tata Power Co. Ltd (BO:TTPW) which lost 1.63% to settle at 72.45 and Cipla Ltd. (BO:CIPL) which was down 1.53% to 476.10 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 889 to 545 and 69 ended unchanged; on the Bombay Stock Exchange, 972 fell and 617 advanced, while 61 ended unchanged.

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Shares in Tata Motors Ltd. (NS:TAMO) rose to 52-week highs; gaining 3.23% or 15.25 to 487.95. Shares in Bharti Infratel Limited (NS:BHRI) fell to 52-week lows; falling 5.01% or 17.000 to 322.000. Shares in Yes Bank Ltd. (NS:YESB) rose to all time highs; rising 2.96% or 31.95 to 1110.80. Shares in Tata Motors Ltd. (BO:TAMO) rose to 52-week highs; gaining 3.28% or 15.50 to 488.00.

The India Vix, which measures the implied volatility of Nifty 50 options, was down 0.91% to 18.0200.

Gold for August delivery was down 0.71% or 9.00 to $1261.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 1.53% or 0.75 to hit $49.88 a barrel, while the August Brent oil contract rose 1.82% or 0.91 to trade at $50.79 a barrel.

USD/INR was down 0.37% to 67.185, while EUR/INR rose 0.80% to 76.7830.

The US Dollar Index was down 0.79% at 93.07.

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