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India shares higher at close of trade; Nifty 50 up 0.82%

Published 2016-04-18, 06:45 a/m
India shares higher at close of trade; Nifty 50 up 0.82%
INFY
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NSEI
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NIFVIX
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BPCL
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BOB
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CAIL
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CIPL
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GAIL
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HROM
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VODA
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SBI
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VDAN
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BSESN
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BSESITIP
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BSEREAL
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BSETECK
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Investing.com – India equities were higher at the close on Monday, as gains in the Real Estate, IT and Technology sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.82% to hit a new 3-month high, while the BSE Sensex 30 index added 0.74%.

The biggest gainers of the session on the Nifty 50 were Infosys Ltd (NS:INFY), which rose 5.63% or 66.00 points to trade at 1238.70 at the close. Idea Cellular Ltd (NS:IDEA) added 5.28% or 6.05 points to end at 120.70 and Bharat Petroleum Corp. Ltd. (NS:BPCL) was up 4.78% or 44.25 points to 969.90 in late trade.

Biggest losers included Cairn India Limited (NS:CAIL), which lost 3.80% or 5.90 points to trade at 149.30 in late trade. Hero MotoCorp Limited (NS:HROM) declined 2.97% or 93.55 points to end at 3054.50 and Bank Of Baroda (NS:BOB) shed 2.85% or 4.35 points to 148.10.

The top performers on the BSE Sensex 30 were Infosys Ltd (BO:INFY) which rose 5.70% to 1238.80, Vedanta Ltd (BO:VDAN) which was up 3.62% to settle at 97.25 and Cipla Ltd. (BO:CIPL) which gained 2.42% to close at 524.15.

The worst performers were Hero MotoCorp Limited (BO:HROM) which was down 2.74% to 3065.35 in late trade, State Bank Of India (BO:SBI) which lost 2.56% to settle at 186.85 and Gail (India) Ltd. (BO:GAIL) which was down 2.47% to 359.45 at the close.

Advancing stocks outnumbered falling ones by 802 to 629 and 62 ended unchanged; on the Bombay Stock Exchange, 481 rose and 353 declined, while 30 ended unchanged on the India National Stock Exchange.

The India Vix, which measures the implied volatility of Nifty 50 options, was up 5.69% to 16.9475.

In commodities trading, Gold for June delivery was up 0.36% or 4.50 to $1239.10 a troy ounce. Meanwhile, Crude oil for delivery in June fell 3.19% or 1.33 to hit $40.38 a barrel, while the June Brent oil contract fell 2.76% or 1.19 to trade at $41.91 a barrel.

USD/INR was down 0.11% to 66.550, while EUR/INR rose 0.07% to 75.2220.

The US Dollar Index was down 0.07% at 94.61.

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