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India stocks higher at close of trade; S&P CNX Nifty up 1.01%

Published 07/01/2015, 06:45 AM
Updated 07/01/2015, 06:45 AM
India stocks higher at close of trade; S&P CNX Nifty up 1.01%

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

At the close in NSE, the S&P CNX Nifty added 1.01% to hit a new 1-month high, while the BSE Sensex 30 index gained 0.86%.

The best performers of the session on the S&P CNX Nifty were Bank Of Baroda (NSE:BOB), which rose 4.27% or 6.15 points to trade at 150.30 at the close. Meanwhile, Bharat Heavy Electricals Ltd. (NSE:BHEL) added 3.95% or 9.80 points to end at 257.70 and Ambuja Cements Ltd. (NSE:ABUJ) was up 3.59% or 8.25 points to 238.15 in late trade.

The worst performers of the session were Zee Entertainment Enterprises Ltd. (NSE:ZEE), which fell 1.11% or 4.10 points to trade at 363.80 at the close. Bajaj Auto Limited (NSE:BAJA) declined 0.62% or 15.70 points to end at 2526.25 and Lupin Ltd (NSE:LUPN) was down 0.61% or 11.45 points to 1874.60.

The top performers on the BSE Sensex 30 were Bharat Heavy Electricals Ltd. (BO:BHEL) which rose 3.67% to 256.95, AXIS Bank Ltd. (BO:AXBK) which was up 3.60% to settle at 578.75 and Cipla Ltd. (BO:CIPL) which gained 2.75% to close at 633.25.

The worst performers were Bajaj Auto Limited (BO:BAJA) which was down 0.48% to 2523.60 in late trade, ITC Ltd (BO:ITC) which lost 0.41% to settle at 313.75 and Gail (India) Ltd. (BO:GAIL) which was down 0.40% to 390.50 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1085 to 351 and 18 ended unchanged; on the Bombay Stock Exchange, 568 rose and 183 declined.

The India Vix, which measures the implied volatility of S&P CNX Nifty options, was down 6.39% to 15.8450.

Gold for August delivery was down 0.02% or 0.20 to $1171.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 1.50% or 0.89 to hit $58.58 a barrel, while the August Brent oil contract fell 1.04% or 0.66 to trade at $62.93 a barrel.

USD/INR was down 0.01% to 63.611, while EUR/INR fell 0.27% to 70.6740.

The US Dollar Index was up 0.28% at 96.03.

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