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India shares higher at close of trade; Nifty 50 up 0.70%

Published 2017-04-03, 06:45 a/m
India shares higher at close of trade; Nifty 50 up 0.70%
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Investing.com – India equities were higher at the close on Monday, as gains in the Capital Goods, Healthcare and Green Energy sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.70% to hit a new all time high, while the BSE Sensex 30 index gained 0.98%.

The biggest gainers of the session on the Nifty 50 were Larsen & Toubro Limited (NS:LART), which rose 5.47% or 86.10 points to trade at 1661.00 at the close. Dr. Reddy's Laboratories Ltd. (NS:REDY) added 4.04% or 106.45 points to end at 2744.45 and Reliance Industries Ltd (NS:RELI) was up 4.07% or 53.75 points to 1374.65 in late trade.

Biggest losers included Bharti Airtel Ltd. (NS:BRTI), which lost 2.36% or 8.25 points to trade at 341.80 in late trade. Bharat Petroleum Corp. Ltd. (NS:BPCL) declined 1.76% or 11.45 points to end at 638.40 and Wipro Ltd . (NS:WIPR) shed 1.68% or 8.65 points to 507.10.

The top performers on the BSE Sensex 30 were Larsen & Toubro Limited (BO:LART) which rose 5.26% to 1660.65, Dr. Reddy's Laboratories Ltd. (BO:REDY) which was up 4.32% to settle at 2746.20 and Reliance Industries Ltd (BO:RELI) which gained 3.94% to close at 1371.20.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 2.37% to 341.65 in late trade, Wipro Ltd. (BO:WIPR) which lost 1.43% to settle at 508.00 and Infosys Ltd (BO:INFY) which was down 1.11% to 1009.45 at the close.

Advancing stocks outnumbered falling ones by 1165 to 389 and 10 ended unchanged; on the Bombay Stock Exchange, 2032 rose and 786 declined, while 116 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 7.47% to 11.4925 a new all time low.

In commodities trading, Gold Futures for June delivery was down 0.32% or 4.05 to $1247.15 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.02% or 0.01 to hit $50.61 a barrel, while the June Brent oil contract fell 0.11% or 0.06 to trade at $53.47 a barrel.

USD/INR was up 0.29% to 65.055, while EUR/INR rose 0.29% to 69.3050.

The US Dollar Index Futures was up 0.06% at 100.48.

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