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India shares higher at close of trade; Nifty 50 up 0.30%

Published 2017-04-05, 06:45 a/m
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.30%
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Investing.com – India equities were higher at the close on Wednesday, as gains in the Real Estate, Consumer Durables and Capital Goods sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.30% to hit a new all time high, while the BSE Sensex 30 index climbed 0.21%.

The biggest gainers of the session on the Nifty 50 were Adani Ports & Special Economic Zone (NS:APSE), which rose 4.69% or 16.05 points to trade at 358.15 at the close. Maruti Suzuki India Ltd. (NS:MRTI) added 4.45% or 270.40 points to end at 6342.40 and Idea Cellular Ltd (NS:IDEA) was up 3.11% or 2.65 points to 87.75 in late trade.

Biggest losers included Housing Development Finance Corp. (NS:HDFC), which lost 2.84% or 43.50 points to trade at 1490.15 in late trade. HCL Technologies Ltd (NS:HCLT) declined 1.82% or 15.75 points to end at 850.50 and Coal India Limited (NS:COAL) shed 1.68% or 4.95 points to 290.05.

The top performers on the BSE Sensex 30 were Adani Ports & Special Economic Zone (BO:APSE) which rose 4.50% to 357.25, Maruti Suzuki India Ltd. (BO:MRTI) which was up 4.40% to settle at 6339.40 and Reliance Industries Ltd (BO:RELI) which gained 3.19% to close at 1414.90.

The worst performers were Housing Development Finance Corp. (BO:HDFC) which was down 2.78% to 1490.05 in late trade, Coal India Limited (BO:COAL) which lost 1.69% to settle at 290.00 and Infosys Ltd (BO:INFY) which was down 1.39% to 995.40 at the close.

Advancing stocks outnumbered falling ones by 1116 to 444 and 6 ended unchanged; on the Bombay Stock Exchange, 1933 rose and 900 declined, while 130 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.50% to 11.5500.

In commodities trading, Gold Futures for June delivery was down 0.29% or 3.65 to $1254.75 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.92% or 0.47 to hit $51.50 a barrel, while the June Brent oil contract rose 0.85% or 0.46 to trade at $54.63 a barrel.

USD/INR was down 0.22% to 64.945, while EUR/INR fell 0.25% to 69.2887.

The US Dollar Index Futures was up 0.01% at 100.43.

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