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India shares higher at close of trade; Nifty 50 up 0.08%

Published 2016-06-08, 06:45 a/m
India shares higher at close of trade; Nifty 50 up 0.08%
INFY
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HDB
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NSEI
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NIFVIX
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BHEL
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HCLT
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KTKM
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PNBK
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VDAN
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TCS
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TTPW
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ZEE
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BSESN
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BSECG
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BSEPOWER
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BSEPSU
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Investing.com – India equities were higher at the close on Wednesday, as gains in the Power, Capital Goods and Public Sector Undertakings sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.08% to hit a new 6-month high, while the BSE Sensex 30 index climbed 0.04%.

The biggest gainers of the session on the Nifty 50 were Punjab National Bank (NS:PNBK), which rose 3.93% or 3.05 points to trade at 80.70 at the close. Tata Power Co. Ltd (NS:TTPW) added 2.65% or 1.95 points to end at 75.45 and HCL Technologies Ltd (NS:HCLT) was up 2.31% or 16.80 points to 743.50 in late trade.

Biggest losers included Kotak Mahindra Bank Ltd. (NS:KTKM), which lost 1.64% or 12.70 points to trade at 759.35 in late trade. Infosys Ltd (NS:INFY) declined 1.53% or 19.30 points to end at 1238.10 and Zee Entertainment Enterprises Ltd. (NS:ZEE) shed 1.52% or 7.05 points to 455.75.

The top performers on the BSE Sensex 30 were Tata Power Co. Ltd (BO:TTPW) which rose 2.72% to 75.55, Bharat Heavy Electricals Ltd. (BO:BHEL) which was up 1.80% to settle at 121.40 and Vedanta Ltd (BO:VDAN) which gained 1.78% to close at 111.80.

The worst performers were Infosys Ltd (BO:INFY) which was down 1.50% to 1238.30 in late trade, HDFC Bank Ltd. (BO:HDBK) which lost 1.00% to settle at 1162.40 and Tata Consultancy Services Ltd. (BO:TCS) which was down 0.77% to 2611.10 at the close.

Advancing stocks outnumbered falling ones by 952 to 486 and 57 ended unchanged; on the Bombay Stock Exchange, 1003 rose and 587 declined, while 50 ended unchanged on the India National Stock Exchange.

The India Vix, which measures the implied volatility of Nifty 50 options, was up 1.83% to 15.1425.

In commodities trading, Gold for August delivery was up 0.68% or 8.45 to $1255.45 a troy ounce. Meanwhile, Crude oil for delivery in July rose 1.29% or 0.65 to hit $51.01 a barrel, while the August Brent oil contract rose 1.34% or 0.69 to trade at $52.13 a barrel.

USD/INR was down 0.01% to 66.653, while EUR/INR rose 0.08% to 75.7740.

The US Dollar Index was down 0.14% at 93.71.

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