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India shares higher at close of trade; Nifty 50 up 0.56%

Published 2017-07-26, 06:45 a/m
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.56%
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Investing.com – India equities were higher at the close on Wednesday, as gains in the Metals, Capital Goods and Healthcare sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.56% to hit a new all time high, while the BSE Sensex 30 index climbed 0.48%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd. (NS:YESB), which rose 5.82% or 94.10 points to trade at 1711.95 at the close. IndusInd Bank Ltd. (NS:INBK) added 2.44% or 37.70 points to end at 1580.20 and Sun Pharmaceutical Industries Ltd. (NS:SUN) was up 2.40% or 13.60 points to 579.50 in late trade.

Biggest losers included AXIS Bank Ltd (NS:AXBK), which lost 2.95% or 16.10 points to trade at 528.85 in late trade. Zee Entertainment Enterprises Ltd. (NS:ZEE) declined 1.49% or 8.05 points to end at 530.65 and Asian Paints Ltd. (NS:ASPN) shed 1.40% or 16.10 points to 1134.00.

The top performers on the BSE Sensex 30 were Tata Steel Ltd (BO:TISC) which rose 2.22% to 565.40, Sun Pharmaceutical Industries Ltd. (BO:SUN) which was up 2.08% to settle at 578.45 and ICICI Bank Ltd (BO:ICBK) which gained 2.07% to close at 310.20.

The worst performers were AXIS Bank Ltd. (BO:AXBK) which was down 2.90% to 528.85 in late trade, Asian Paints Ltd. (BO:ASPN) which lost 1.43% to settle at 1135.50 and Tata Consultancy Services Ltd. (BO:TCS) which was down 0.62% to 2554.80 at the close.

Declining stocks outnumbered rising ones by 791 to 777 and 4 ended unchanged; on the Bombay Stock Exchange, 1314 rose and 1298 declined, while 160 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.36% to 11.1700.

In commodities trading, Gold Futures for August delivery was down 0.35% or 4.36 to $1247.74 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.63% or 0.30 to hit $48.19 a barrel, while the September Brent oil contract rose 0.40% or 0.20 to trade at $50.40 a barrel.

USD/INR was down 0.17% to 64.358, while EUR/INR fell 0.05% to 74.9497.

The US Dollar Index Futures was unchanged 0.00% at 93.92.

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