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India stocks higher at close of trade; Nifty 50 up 0.70%

Published 04/03/2017, 06:45 AM
Updated 04/03/2017, 06:45 AM
India stocks higher at close of trade; Nifty 50 up 0.70%

Investing.com – India stocks were higher after the close on Monday, as gains in the Capital Goods, Healthcare and Green Energy sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.70% to hit a new all time high, while the BSE Sensex 30 index added 0.98%.

The best performers of the session on the Nifty 50 were Larsen & Toubro Limited (NS:LART), which rose 5.47% or 86.10 points to trade at 1661.00 at the close. Meanwhile, Dr. Reddy's Laboratories Ltd. (NS:REDY) added 4.04% or 106.45 points to end at 2744.45 and Reliance Industries Ltd (NS:RELI) was up 4.07% or 53.75 points to 1374.65 in late trade.

The worst performers of the session were Bharti Airtel Ltd. (NS:BRTI), which fell 2.36% or 8.25 points to trade at 341.80 at the close. Bharat Petroleum Corp. Ltd. (NS:BPCL) declined 1.76% or 11.45 points to end at 638.40 and Wipro Ltd . (NS:WIPR) was down 1.68% or 8.65 points to 507.10.

The top performers on the BSE Sensex 30 were Larsen & Toubro Limited (BO:LART) which rose 5.26% to 1660.65, Dr. Reddy's Laboratories Ltd. (BO:REDY) which was up 4.32% to settle at 2746.20 and Reliance Industries Ltd (BO:RELI) which gained 3.94% to close at 1371.20.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 2.37% to 341.65 in late trade, Wipro Ltd. (BO:WIPR) which lost 1.60% to settle at 507.10 and Infosys Ltd (BO:INFY) which was down 1.11% to 1009.45 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1165 to 389 and 10 ended unchanged; on the Bombay Stock Exchange, 2032 rose and 785 declined, while 117 ended unchanged.

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Shares in Larsen & Toubro Limited (NS:LART) rose to 52-week highs; rising 5.47% or 86.10 to 1661.00. Shares in Reliance Industries Ltd (NS:RELI) rose to 5-year highs; up 4.07% or 53.75 to 1374.65. Shares in Larsen & Toubro Limited (BO:LART) rose to 52-week highs; rising 5.26% or 83.05 to 1660.65. Shares in Reliance Industries Ltd (BO:RELI) rose to 5-year highs; gaining 3.94% or 52.00 to 1371.20.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 7.47% to 11.4925 a new all time low.

Gold Futures for June delivery was down 0.32% or 4.05 to $1247.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.04% or 0.02 to hit $50.62 a barrel, while the June Brent oil contract fell 0.09% or 0.05 to trade at $53.48 a barrel.

USD/INR was up 0.29% to 65.055, while EUR/INR rose 0.30% to 69.3082.

The US Dollar Index Futures was up 0.06% at 100.48.

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