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India stocks higher at close of trade; Nifty 50 up 1.01%

Published 12/30/2016, 05:45 AM
Updated 12/30/2016, 05:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 1.01%

Investing.com – India stocks were higher after the close on Friday, as gains in the Fast Moving Consumer Goods, Power and Healthcare sectors led shares higher.

At the close in NSE, the Nifty 50 rose 1.01%, while the BSE Sensex 30 index added 0.99%.

The best performers of the session on the Nifty 50 were Aurobindo Pharma Ltd. (NS:ARBN), which rose 3.21% or 20.80 points to trade at 668.00 at the close. Meanwhile, Bosch Ltd (NS:BOSH) added 2.66% or 550.00 points to end at 21200.00 and GAIL Ltd (NS:GAIL) was up 2.58% or 11.00 points to 436.55 in late trade.

The worst performers of the session were Bharat Petroleum Corp. Ltd. (NS:BPCL), which fell 0.89% or 5.70 points to trade at 633.95 at the close. Bajaj Auto Limited (NS:BAJA) declined 0.66% or 17.45 points to end at 2634.00 and Oil And Natural Gas Corporation Ltd (NS:ONGC) was down 0.42% or 0.80 points to 190.80.

The top performers on the BSE Sensex 30 were Gail (India) Ltd. (BO:GAIL) which rose 3.07% to 437.95, Sun Pharmaceutical Industries Ltd. (BO:SUN) which was up 2.59% to settle at 629.75 and ITC Ltd (BO:ITC) which gained 2.31% to close at 240.95.

The worst performers were Bajaj Auto Limited (BO:BAJA) which was down 0.81% to 2633.85 in late trade, Dr. Reddy's Laboratories Ltd. (BO:REDY) which lost 0.46% to settle at 3052.00 and TATA STEEL LIMITED (BO:TISC) which was down 0.34% to 391.10 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1046 to 428 and 73 ended unchanged; on the Bombay Stock Exchange, 1721 rose and 845 declined, while 193 ended unchanged.

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The India Vix, which measures the implied volatility of Nifty 50 options, was up 1.19% to 15.4650.

Gold for February delivery was up 0.25% or 2.95 to $1161.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.30% or 0.16 to hit $53.93 a barrel, while the March Brent oil contract rose 0.21% or 0.12 to trade at $56.97 a barrel.

USD/INR was down 0.09% to 67.885, while EUR/INR rose 0.58% to 71.6864.

The US Dollar Index was down 0.45% at 102.20.

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