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India shares higher at close of trade; Nifty 50 up 0.99%

Published 2017-07-03, 06:45 a/m
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.99%
NSEI
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NIFVIX
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CIPL
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GRAS
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HCLT
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HROM
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ITC
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KTKM
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MRTI
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SUN
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INUS
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Investing.com – India equities were higher at the close on Monday, as gains in the Fast Moving Consumer Goods, Metals and Real Estate sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.99%, while the BSE Sensex 30 index added 0.97%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd (NS:BHRI), which rose 6.19% or 23.20 points to trade at 397.75 at the close. ITC Ltd (NS:ITC) added 5.82% or 18.85 points to end at 342.50 and Grasim Industries Ltd (NS:GRAS) was up 3.33% or 41.30 points to 1283.40 in late trade.

Biggest losers included HCL Technologies Ltd (NS:HCLT), which lost 1.50% or 12.75 points to trade at 838.15 in late trade. NTPC Ltd (NS:NTPC) declined 1.38% or 2.20 points to end at 156.75 and Kotak Mahindra Bank Ltd. (NS:KTKM) shed 0.72% or 6.90 points to 948.85.

The top performers on the BSE Sensex 30 were ITC Ltd (BO:ITC) which rose 5.70% to 342.30, Hero MotoCorp Ltd (BO:HROM) which was up 2.17% to settle at 3777.00 and Maruti Suzuki India Ltd. (BO:MRTI) which gained 1.96% to close at 7359.30.

The worst performers were NTPC Ltd (BO:NTPC) which was down 1.17% to 156.60 in late trade, Cipla Ltd. (BO:CIPL) which lost 0.60% to settle at 551.05 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 0.54% to 551.50 at the close.

Advancing stocks outnumbered falling ones by 1118 to 442 and 6 ended unchanged; on the Bombay Stock Exchange, 1745 rose and 865 declined, while 150 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.54% to 11.2000.

In commodities trading, Gold Futures for August delivery was down 0.62% or 7.74 to $1234.56 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.02% or 0.01 to hit $46.05 a barrel, while the September Brent oil contract fell 0.14% or 0.07 to trade at $48.70 a barrel.

USD/INR was up 0.40% to 64.871, while EUR/INR fell 0.06% to 73.7958.

The US Dollar Index Futures was up 0.43% at 95.80.

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