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India stocks higher at close of trade; Nifty 50 up 0.22%

Published 05/09/2018, 06:45 AM
Updated 05/09/2018, 06:50 AM
India stocks higher at close of trade; Nifty 50 up 0.22%

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

At the close in NSE, the Nifty 50 added 0.22% to hit a new 3-months high, while the BSE Sensex 30 index added 0.29%.

The best performers of the session on the Nifty 50 were Tata Motors Ltd (NS:TAMO), which rose 2.80% or 9.30 points to trade at 341.95 at the close. Meanwhile, Titan Company Ltd (NS:TITN) added 1.82% or 17.65 points to end at 985.70 and Tata Consultancy Services Ltd. (NS:TCS) was up 1.37% or 47.30 points to 3489.30 in late trade.

The worst performers of the session were UltraTech Cement Ltd (NS:ULTC), which fell 2.41% or 98.10 points to trade at 3966.25 at the close. Bharat Petroleum Corp. Ltd. (NS:BPCL) declined 1.94% or 7.60 points to end at 385.45 and Lupin Ltd (NS:LUPN) was down 1.41% or 10.95 points to 762.15.

The top performers on the BSE Sensex 30 were Tata Motors Ltd DVR (BO:TAMdv) which rose 3.82% to 196.85, Tata Motors Ltd (BO:TAMO) which was up 2.79% to settle at 341.35 and Asian Paints Ltd. (BO:ASPN) which gained 1.69% to close at 1226.00.

The worst performers were Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 1.02% to 506.30 in late trade, Maruti Suzuki India Ltd. (BO:MRTI) which lost 0.70% to settle at 8713.60 and ICICI Bank Ltd (BO:ICBK) which was down 0.70% to 307.10 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 944 to 654 and 48 ended unchanged; on the Bombay Stock Exchange, 1470 fell and 1131 advanced, while 118 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.55% to 14.2725.

Gold Futures for June delivery was down 0.45% or 5.90 to $1307.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 2.49% or 1.72 to hit $70.78 a barrel, while the July Brent oil contract rose 2.44% or 1.83 to trade at $76.68 a barrel.

USD/INR was up 0.21% to 67.316, while EUR/INR rose 0.33% to 79.9057.

The US Dollar Index Futures was unchanged 0.00% at 92.94.

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