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India stocks higher at close of trade; Nifty 50 up 0.65%

Published 2015-12-16, 05:45 a/m
India stocks higher at close of trade; Nifty 50 up 0.65%

Investing.com – India stocks were higher after the close on Wednesday, as gains in the Oil & Gas, Public Sector Undertakings and Technology sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.65%, while the BSE Sensex 30 index gained 0.69%.

The best performers of the session on the Nifty 50 were Oil And Natural Gas Corporation Ltd (NS:ONGC), which rose 4.06% or 8.85 points to trade at 226.65 at the close. Meanwhile, Cairn India Limited (NS:CAIL) added 3.71% or 4.70 points to end at 131.30 and Bharti Airtel Ltd. (NS:BRTI) was up 3.61% or 11.15 points to 320.35 in late trade.

The worst performers of the session were Mahindra & Mahindra Ltd. (NS:MAHM), which fell 5.51% or 71.00 points to trade at 1218.05 at the close. Asian Paints Ltd. (NS:ASPN) declined 1.37% or 12.05 points to end at 866.50 and ITC Ltd (NS:ITC) was down 1.15% or 3.70 points to 319.25.

The top performers on the BSE Sensex 30 were Oil And Natural Gas Corporation Ltd (BO:ONGC) which rose 3.99% to 226.55, Bharti Airtel Ltd (BO:BRTI) which was up 3.83% to settle at 320.20 and ICICI Bank Ltd. (BO:ICBK) which gained 2.29% to close at 252.00.

The worst performers were Mahindra & Mahindra Ltd. (BO:MAHM) which was down 5.44% to 1218.90 in late trade, ITC Ltd (BO:ITC) which lost 0.96% to settle at 319.50 and Wipro Ltd. (BO:WIPR) which was down 0.64% to 555.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 775 to 686 and 9 ended unchanged; on the Bombay Stock Exchange, 402 rose and 375 declined, while 18 ended unchanged.

The India Vix, which measures the implied volatility of Nifty 50 options, was down 3.55% to 16.7275.

Gold for February delivery was up 0.24% or 2.60 to $1064.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.74% or 0.28 to hit $37.08 a barrel, while the February Brent oil contract fell 2.52% or 0.97 to trade at $37.76 a barrel.

USD/INR was down 0.15% to 66.766, while EUR/INR fell 0.26% to 72.8910.

The US Dollar Index was up 0.12% at 98.33.

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