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India stocks higher at close of trade; Nifty 50 up 0.32%

Published 02/21/2017, 05:45 AM
Updated 02/21/2017, 05:45 AM
India stocks higher at close of trade; Nifty 50 up 0.32%

Investing.com – India stocks were higher after the close on Tuesday, as gains in the Consumer Durables, Banking and Oil & Gas sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.32% to hit a new 3-months high, while the BSE Sensex 30 index added 0.35%.

The best performers of the session on the Nifty 50 were AXIS Bank Ltd. (NS:AXBK), which rose 5.34% or 25.70 points to trade at 506.75 at the close. Meanwhile, Aurobindo Pharma Ltd. (NS:ARBN) added 2.24% or 15.00 points to end at 684.40 and Tech Mahindra Limited (NS:TEML) was up 1.67% or 8.35 points to 508.30 in late trade.

The worst performers of the session were Bharti Infratel Limited (NS:BHRI), which fell 4.26% or 13.150 points to trade at 295.600 at the close. Bharti Airtel Ltd. (NS:BRTI) declined 3.86% or 14.50 points to end at 360.85 and Tata Power Co. Ltd (NS:TTPW) was down 1.64% or 1.40 points to 83.95.

The top performers on the BSE Sensex 30 were AXIS Bank Ltd. (BO:AXBK) which rose 4.99% to 504.60, Asian Paints Ltd. (BO:ASPN) which was up 1.61% to settle at 991.15 and Reliance Industries Ltd (BO:RELI) which gained 1.36% to close at 1088.25.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 3.38% to 362.95 in late trade, Tata Consultancy Services Ltd. (BO:TCS) which lost 1.68% to settle at 2464.30 and ITC Ltd (BO:ITC) which was down 0.94% to 263.35 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 836 to 643 and 78 ended unchanged; on the Bombay Stock Exchange, 1507 rose and 1246 declined, while 174 ended unchanged.

The India Vix, which measures the implied volatility of Nifty 50 options, was down 0.62% to 13.5250.

Gold Futures for April delivery was down 0.79% or 9.75 to $1229.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 1.36% or 0.73 to hit $54.51 a barrel, while the April Brent oil contract rose 1.30% or 0.73 to trade at $56.91 a barrel.

USD/INR was up 0.03% to 66.995, while EUR/INR fell 0.61% to 70.5787.

The US Dollar Index Futures was up 0.59% at 101.52.

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