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India stocks higher at close of trade; Nifty 50 up 0.21%

Published 09/18/2019, 06:45 AM
Updated 09/18/2019, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.21%

Investing.com – India stocks were higher after the close on Wednesday, as gains in the Real Estate, Metals and Oil & Gas sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.21%, while the BSE Sensex 30 index added 0.23%.

The best performers of the session on the Nifty 50 were Tata Steel Ltd (NS:TISC), which rose 3.70% or 12.75 points to trade at 358.25 at the close. Meanwhile, Bharat Petroleum Corp. Ltd. (NS:BPCL) added 3.59% or 13.25 points to end at 382.10 and Vedanta Ltd (NS:VDAN) was up 3.16% or 4.60 points to 149.70 in late trade.

The worst performers of the session were Britannia Industries Ltd (NS:BRIT), which fell 2.88% or 77.55 points to trade at 2613.85 at the close. Coal India Ltd (NS:COAL) declined 2.61% or 5.15 points to end at 192.35 and Indiabulls Housing Finance Ltd (NS:INBF) was down 2.78% or 11.95 points to 419.25.

The top performers on the BSE Sensex 30 were Tata Steel Ltd (BO:TISC) which rose 3.95% to 358.05, Vedanta Ltd (BO:VDAN) which was up 2.68% to settle at 149.45 and State Bank Of India (BO:SBI) which gained 2.41% to close at 280.50.

The worst performers were Oil And Natural Gas Corporation Ltd (BO:ONGC) which was down 2.08% to 127.00 in late trade, Yes Bank Ltd (BO:YESB) which lost 1.61% to settle at 64.10 and Bharti Airtel Ltd (BO:BRTI) which was down 1.21% to 335.75 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 793 to 751 and 88 ended unchanged; on the Bombay Stock Exchange, 1199 rose and 1186 declined, while 148 ended unchanged.

Shares in Indiabulls Housing Finance Ltd (NS:INBF) fell to 3-years lows; falling 2.78% or 11.95 to 419.25.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.15% to 15.3525.

Gold Futures for December delivery was down 0.29% or 4.35 to $1509.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.61% or 0.36 to hit $58.74 a barrel, while the November Brent oil contract fell 0.34% or 0.22 to trade at $64.33 a barrel.

USD/INR was down 0.42% to 71.175, while EUR/INR fell 0.64% to 78.6200.

The US Dollar Index Futures was up 0.20% at 98.018.

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