India shares higher at close of trade; Nifty 50 up 1.51%
Investing.com
Published Jul 17, 2020 11:45
India shares higher at close of trade; Nifty 50 up 1.51%
Investing.com – India equities were higher at the close on Friday, as gains in the Oil & Gas, Public Sector Undertakings and Consumer Durables sectors propelled shares higher.
At the close in NSE, the Nifty 50 added 1.51% to hit a new 3-month high, while the BSE Sensex 30 index climbed 1.50%.
The biggest gainers of the session on the Nifty 50 were Bharat Petroleum Corp. Ltd. (NS:BPCL), which rose 12.43% or 48.95 points to trade at 442.85 at the close. Oil And Natural Gas Corporation Ltd (NS:ONGC) added 5.84% or 4.45 points to end at 80.60 and Bharti Infratel Ltd (NS:BHRI) was up 4.32% or 8.20 points to 198.20 in late trade.
Biggest losers included Hindalco Industries Ltd. (NS:HALC), which lost 1.90% or 3.15 points to trade at 162.90 in late trade. Britannia Industries Ltd (NS:BRIT) declined 1.86% or 71.75 points to end at 3783.00 and Nestle India Ltd (NS:NEST) shed 1.47% or 256.65 points to 17239.00.
The top performers on the BSE Sensex 30 were Oil And Natural Gas Corporation Ltd (BO:ONGC) which rose 5.78% to 80.55, Reliance Industries Ltd (BO:RELI) which was up 3.70% to settle at 1911.35 and Titan Company Ltd (BO:TITN) which gained 3.57% to close at 996.00.
The worst performers were Tata Consultancy Services Ltd. (BO:TCS) which was down 1.45% to 2201.35 in late trade, Nestle India Ltd (BO:NEST) which lost 1.23% to settle at 17249.25 and Infosys Ltd (BO:INFY) which was down 0.76% to 904.00 at the close.
Advancing stocks outnumbered falling ones by 1074 to 524 and 62 ended unchanged; on the Bombay Stock Exchange, 1546 rose and 936 declined, while 144 ended unchanged on the India National Stock Exchange.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.75% to 24.1575 a new 3-month low.
In commodities trading, Gold Futures for August delivery was up 0.22% or 4.05 to $1804.35 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.76% or 0.31 to hit $40.44 a barrel, while the September Brent oil contract fell 0.81% or 0.35 to trade at $43.02 a barrel.
USD/INR was down 0.25% to 74.983, while EUR/INR rose 0.09% to 85.6450.
The US Dollar Index Futures was down 0.29% at 96.043.
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Written By: Investing.com
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