🔺 What to do when markets are at an all-time high? Find smart bargains, like these.See Undervalued Stocks

India shares higher at close of trade; Nifty 50 up 0.21%

Published 2017-02-22, 05:45 a/m
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.21%
NSEI
-
NIFVIX
-
ABUJ
-
ASPN
-
AXBK
-
VODA
-
NTPC
-
PGRD
-
RELI
-
TCS
-
BSESN
-
BSEOIL
-
BSEBANK
-
BSECRBX
-

Investing.com – India equities were higher at the close on Wednesday, as gains in the Oil & Gas, Banking and Carbon sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.21% to hit a new 3-month high, while the BSE Sensex 30 index added 0.36%.

The biggest gainers of the session on the Nifty 50 were Reliance Industries Ltd (NS:RELI), which rose 11.17% or 121.60 points to trade at 1209.80 at the close. Idea Cellular Ltd (NS:IDEA) added 5.17% or 5.60 points to end at 113.95 and AXIS Bank Ltd. (NS:AXBK) was up 3.94% or 19.85 points to 524.20 in late trade.

Biggest losers included NTPC Limited (NS:NTPC), which lost 3.59% or 6.20 points to trade at 166.30 in late trade. Ambuja Cements Ltd. (NS:ABUJ) declined 2.39% or 5.70 points to end at 233.25 and POWER GRID CORPORATION OF INDIA (NS:PGRD) shed 2.35% or 4.85 points to 201.30.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 10.97% to 1207.65, AXIS Bank Ltd. (BO:AXBK) which was up 3.93% to settle at 524.45 and Asian Paints Ltd. (BO:ASPN) which gained 2.92% to close at 1020.05.

The worst performers were NTPC Limited (BO:NTPC) which was down 3.36% to 166.60 in late trade, Tata Consultancy Services Ltd. (BO:TCS) which lost 2.22% to settle at 2409.55 and POWER GRID CORPORATION OF INDIA (BO:PGRD) which was down 2.19% to 201.30 at the close.

Declining stocks outnumbered rising ones by 1024 to 486 and 51 ended unchanged; on the Bombay Stock Exchange, 1719 fell and 1051 advanced, while 183 ended unchanged on the India National Stock Exchange.

The India Vix, which measures the implied volatility of Nifty 50 options, was up 1.29% to 13.7000.

In commodities trading, Gold Futures for April delivery was up 0.01% or 0.15 to $1239.05 a troy ounce. Meanwhile, Crude oil for delivery in April fell 0.57% or 0.31 to hit $54.02 a barrel, while the April Brent oil contract fell 0.64% or 0.36 to trade at $56.30 a barrel.

USD/INR was up 0.13% to 66.980, while EUR/INR fell 0.31% to 70.3636.

The US Dollar Index Futures was up 0.17% at 101.62.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.