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India stocks higher at close of trade; Nifty 50 up 0.14%

Published 02/23/2017, 05:45 AM
Updated 02/23/2017, 05:45 AM
India stocks higher at close of trade; Nifty 50 up 0.14%

Investing.com – India stocks were higher after the close on Thursday, as gains in the IT, Technology and Real Estate sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.14% to hit a new 3-months high, while the BSE Sensex 30 index climbed 0.10%.

The best performers of the session on the Nifty 50 were Idea Cellular Ltd (NS:IDEA), which rose 6.39% or 7.20 points to trade at 119.80 at the close. Meanwhile, Tata Consultancy Services Ltd. (NS:TCS) added 2.80% or 67.50 points to end at 2479.00 and Wipro Ltd . (NS:WIPR) was up 2.42% or 11.50 points to 486.00 in late trade.

The worst performers of the session were Grasim Industries Ltd (NS:GRAS), which fell 2.24% or 23.45 points to trade at 1024.05 at the close. Reliance Industries Ltd (NS:RELI) declined 1.71% or 20.70 points to end at 1186.80 and Aurobindo Pharma Ltd. (NS:ARBN) was down 1.58% or 10.70 points to 667.50.

The top performers on the BSE Sensex 30 were Tata Consultancy Services Ltd. (BO:TCS) which rose 2.99% to 2481.65, Wipro Ltd. (BO:WIPR) which was up 2.53% to settle at 485.55 and Infosys Ltd (BO:INFY) which gained 1.73% to close at 1009.05.

The worst performers were Reliance Industries Ltd (BO:RELI) which was down 2.07% to 1182.60 in late trade, Asian Paints Ltd. (BO:ASPN) which lost 1.10% to settle at 1008.80 and POWER GRID CORPORATION OF INDIA (BO:PGRD) which was down 1.09% to 199.10 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 889 to 617 and 50 ended unchanged; on the Bombay Stock Exchange, 1506 fell and 1196 advanced, while 188 ended unchanged.

The India Vix, which measures the implied volatility of Nifty 50 options, was down 2.19% to 13.4000.

Gold Futures for April delivery was up 0.42% or 5.15 to $1238.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 1.34% or 0.72 to hit $54.31 a barrel, while the April Brent oil contract rose 1.27% or 0.71 to trade at $56.55 a barrel.

USD/INR was down 0.11% to 66.820, while EUR/INR fell 0.26% to 70.4908.

The US Dollar Index Futures was up 0.04% at 101.35.

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