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India stocks higher at close of trade; Nifty 50 up 0.10%

Published 07/15/2020, 06:45 AM
Updated 07/15/2020, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.10%

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

At the close in NSE, the Nifty 50 gained 0.10%, while the BSE Sensex 30 index added 0.05%.

The best performers of the session on the Nifty 50 were Wipro Ltd (NS:WIPR), which rose 16.89% or 38.00 points to trade at 263.00 at the close. Meanwhile, Infosys Ltd (NS:INFY) added 6.47% or 50.70 points to end at 833.95 and HCL Technologies Ltd (NS:HCLT) was up 4.67% or 27.60 points to 618.95 in late trade.

The worst performers of the session were Reliance Industries Ltd (NS:RELI), which fell 3.89% or 74.65 points to trade at 1842.35 at the close. Bharti Airtel Ltd. (NS:BRTI) declined 3.62% or 21.35 points to end at 568.00 and Zee Entertainment Enterprises Ltd. (NS:ZEE) was down 2.95% or 4.90 points to 161.40.

The top performers on the BSE Sensex 30 were Infosys Ltd (BO:INFY) which rose 6.16% to 831.45, HCL Technologies Ltd (BO:HCLT) which was up 4.77% to settle at 619.00 and Tata Consultancy Services Ltd. (BO:TCS) which gained 2.86% to close at 2233.80.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 4.24% to 564.15 in late trade, Reliance Industries Ltd (BO:RELI) which lost 3.71% to settle at 1845.60 and IndusInd Bank Ltd. (BO:INBK) which was down 1.44% to 503.50 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 988 to 620 and 57 ended unchanged; on the Bombay Stock Exchange, 1452 fell and 1027 advanced, while 146 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.30% to 26.2900.

Gold Futures for August delivery was down 0.16% or 2.95 to $1810.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 1.19% or 0.48 to hit $40.77 a barrel, while the September Brent oil contract rose 1.03% or 0.44 to trade at $43.34 a barrel.

USD/INR was down 0.30% to 75.155, while EUR/INR rose 0.07% to 85.9570.

The US Dollar Index Futures was down 0.37% at 95.852.

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