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India shares higher at close of trade; Nifty 50 up 0.02%

Published 2018-01-24, 05:45 a/m
India shares higher at close of trade; Nifty 50 up 0.02%
NSEI
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NIFVIX
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BRTI
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GAIL
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ICBK
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APSE
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SBI
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TAMO
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TEML
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BSESN
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BSESCGIP
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BSESITIP
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BSEPSU
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Investing.com – India equities were higher at the close on Wednesday, as gains in the IT, Public Sector Undertakings and Fast Moving Consumer Goods sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.02% to hit a new all time high, while the BSE Sensex 30 index climbed 0.06%.

The biggest gainers of the session on the Nifty 50 were State Bank Of India (NS:SBI), which rose 3.71% or 11.80 points to trade at 329.90 at the close. GAIL Ltd (NS:GAIL) added 2.89% or 13.60 points to end at 484.95 and Tech Mahindra Ltd (NS:TEML) was up 2.55% or 15.00 points to 603.15 in late trade.

Biggest losers included Bharti Airtel Ltd. (NS:BRTI), which lost 7.22% or 35.55 points to trade at 459.50 in late trade. Tata Motors Ltd (NS:TAMO) declined 3.36% or 14.05 points to end at 403.60 and ICICI Bank Ltd (NS:ICBK) shed 2.51% or 9.10 points to 352.75.

The top performers on the BSE Sensex 30 were State Bank Of India (BO:SBI) which rose 3.62% to 329.50, Gail (India) Ltd. (BO:GAIL) which was up 2.59% to settle at 484.60 and Adani Port and Special Economic Zone Ltd (BO:APSE) which gained 2.46% to close at 448.20.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 6.51% to 458.95 in late trade, Tata Motors Ltd (BO:TAMO) which lost 3.46% to settle at 403.60 and ICICI Bank Ltd (BO:ICBK) which was down 2.60% to 352.65 at the close.

Declining stocks outnumbered rising ones by 1157 to 446 and 32 ended unchanged; on the Bombay Stock Exchange, 1859 fell and 958 advanced, while 124 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 11.19% to 18.0400 a new 52-week high.

In commodities trading, Gold Futures for February delivery was up 0.99% or 13.20 to $1349.90 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.22% or 0.14 to hit $64.61 a barrel, while the March Brent oil contract fell 0.19% or 0.13 to trade at $69.83 a barrel.

USD/INR was down 0.12% to 63.684, while EUR/INR rose 0.24% to 78.6109.

The US Dollar Index Futures was down 0.47% at 89.46.

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