Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

India stocks higher at close of trade; Nifty 50 up 0.95%

Published 08/14/2019, 06:45 AM
Updated 08/14/2019, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.95%

Investing.com – India stocks were higher after the close on Wednesday, as gains in the Metals, Capital Goods and Public Sector Undertakings sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.95%, while the BSE Sensex 30 index gained 0.96%.

The best performers of the session on the Nifty 50 were Vedanta Ltd (NS:VDAN), which rose 4.11% or 5.75 points to trade at 146.55 at the close. Meanwhile, UPL Ltd (NS:UPLL) added 4.73% or 23.80 points to end at 527.20 and Bajaj Finserv Ltd (NS:BJFS) was up 4.57% or 323.85 points to 7415.20 in late trade.

The worst performers of the session were Sun Pharmaceutical Industries Ltd. (NS:SUN), which fell 5.03% or 22.10 points to trade at 417.15 at the close. Indiabulls Housing Finance Ltd (NS:INBF) declined 4.96% or 28.45 points to end at 551.35 and Wipro Ltd (NS:WIPR) was down 2.86% or 7.40 points to 251.05.

The top performers on the BSE Sensex 30 were Vedanta Ltd (BO:VDAN) which rose 4.87% to 146.55, Tata Steel Ltd (BO:TISC) which was up 4.61% to settle at 364.45 and Yes Bank Ltd (BO:YESB) which gained 4.01% to close at 76.55.

The worst performers were Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 4.69% to 417.05 in late trade, Kotak Mahindra Bank Ltd. (BO:KTKM) which lost 1.27% to settle at 1492.65 and Oil And Natural Gas Corporation Ltd (BO:ONGC) which was down 1.21% to 126.75 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 856 to 698 and 69 ended unchanged; on the Bombay Stock Exchange, 1258 rose and 1123 declined, while 133 ended unchanged.

Shares in Oil And Natural Gas Corporation Ltd (BO:ONGC) fell to 5-year lows; down 1.21% or 1.55 to 126.75.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 7.99% to 16.3575.

Gold Futures for December delivery was up 0.29% or 4.45 to $1518.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.58% or 0.90 to hit $56.20 a barrel, while the October Brent oil contract fell 1.26% or 0.77 to trade at $60.53 a barrel.

USD/INR was down 0.10% to 71.335, while EUR/INR rose 0.04% to 79.7810.

The US Dollar Index Futures was down 0.10% at 97.537.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.