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India stocks higher at close of trade; Nifty 50 up 0.66%

Published 05/12/2016, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.66%

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

At the close in NSE, the Nifty 50 added 0.66%, while the BSE Sensex 30 index added 0.75%.

The best performers of the session on the Nifty 50 were Bosch Ltd (NS:BOSH), which rose 4.39% or 879.15 points to trade at 20925.25 at the close. Meanwhile, Dr. Reddy's Laboratories Ltd. (NS:REDY) added 3.58% or 102.75 points to end at 2971.45 and ICICI Bank Ltd . (NS:ICBK) was up 3.51% or 7.85 points to 231.80 in late trade.

The worst performers of the session were Aurobindo Pharma Ltd. (NS:ARBN), which fell 1.98% or 16.15 points to trade at 801.30 at the close. AXIS Bank Ltd. (NS:AXBK) declined 1.13% or 5.65 points to end at 492.55 and Eicher Motors Ltd. (NS:EICH) was down 1.12% or 223.80 points to 19753.05.

The top performers on the BSE Sensex 30 were Dr. Reddy's Laboratories Ltd. (BO:REDY) which rose 3.65% to 2973.85, ICICI Bank Ltd. (BO:ICBK) which was up 3.46% to settle at 231.85 and Vedanta Ltd (BO:VDAN) which gained 2.90% to close at 102.75.

The worst performers were AXIS Bank Ltd. (BO:AXBK) which was down 1.19% to 492.45 in late trade, Hindustan Unilever Ltd. (BO:HLL) which lost 1.11% to settle at 853.15 and Mahindra & Mahindra Ltd. (BO:MAHM) which was down 1.07% to 1331.80 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 920 to 492 and 81 ended unchanged; on the Bombay Stock Exchange, 1005 rose and 552 declined, while 79 ended unchanged.

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The India Vix, which measures the implied volatility of Nifty 50 options, was down 3.74% to 16.3275.

Gold for June delivery was down 0.48% or 6.10 to $1269.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.93% or 0.43 to hit $46.66 a barrel, while the July Brent oil contract rose 0.82% or 0.39 to trade at $47.99 a barrel.

USD/INR was up 0.12% to 66.641, while EUR/INR fell 0.10% to 75.9800.

The US Dollar Index was up 0.22% at 94.01.

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