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India stocks higher at close of trade; S&P CNX Nifty up 1.35%

Published 05/18/2015, 06:45 AM
Updated 05/18/2015, 06:45 AM
© Reuters.  India stocks higher at close of trade; S&P CNX Nifty up 1.35%

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

At the close in NSE, the S&P CNX Nifty added 1.35%, while the BSE Sensex 30 index gained 1.33%.

The best performers of the session on the S&P CNX Nifty were GAIL Ltd (NSE:GAIL), which rose 3.81% or 14.50 points to trade at 394.65 at the close. Meanwhile, Dr. Reddy's Laboratories Ltd. (NSE:REDY) added 3.60% or 126.00 points to end at 3622.45 and Zee Entertainment Enterprises Ltd. (NSE:ZEE) was up 3.47% or 10.45 points to 311.50 in late trade.

The worst performers of the session were Asian Paints Ltd. (NSE:ASPN), which fell 2.98% or 23.55 points to trade at 766.75 at the close. DLF LIMITED (NSE:DLF) declined 1.76% or 2.20 points to end at 122.80 and Tech Mahindra Limited (NSE:TEML) was down 0.93% or 5.75 points to 612.60.

The top performers on the BSE Sensex 30 were Dr. Reddy's Laboratories Ltd. (BO:REDY) which rose 3.48% to 3613.25, Gail (India) Ltd. (BO:GAIL) which was up 3.45% to settle at 392.80 and Tata Power Co. Ltd (BO:TTPW) which gained 3.08% to close at 75.20.

The worst performers were Hero MotoCorp Limited (BO:HROM) which was down 0.31% to 2520.60 in late trade, NTPC Limited (BO:NTPC) which lost 0.07% to settle at 136.05 and Coal India Limited (BO:COAL) which was down 0.04% to 366.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 936 to 485 and 16 ended unchanged; on the Bombay Stock Exchange, 474 rose and 216 declined, while 1 ended unchanged.

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The India Vix, which measures the implied volatility of S&P CNX Nifty options, was down 9.65% to 17.9025.

Gold for June delivery was up 0.27% or 3.30 to $1228.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.42% or 0.26 to hit $60.80 a barrel, while the July Brent oil contract fell 0.18% or 0.12 to trade at $66.69 a barrel.

USD/INR was up 0.32% to 63.641, while EUR/INR rose 0.05% to 72.6580.

The US Dollar Index was up 0.29% at 93.56.

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