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India shares higher at close of trade; Nifty 50 up 0.12%

Published 2020-01-01, 05:45 a/m
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.12%
NSEI
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Investing.com – India equities were higher at the close on Wednesday, as gains in the Power, IT and Capital Goods sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 0.12%, while the BSE Sensex 30 index added 0.13%.

The biggest gainers of the session on the Nifty 50 were Adani Port and Special Economic Zone Ltd (NS:APSE), which rose 3.13% or 11.45 points to trade at 377.65 at the close. Power Grid Corporation of India Ltd (NS:PGRD) added 2.73% or 5.20 points to end at 195.50 and NTPC Ltd (NS:NTPC) was up 2.06% or 2.45 points to 121.55 in late trade.

Biggest losers included Titan Company Ltd (NS:TITN), which lost 2.77% or 32.85 points to trade at 1154.75 in late trade. Eicher Motors Ltd. (NS:EICH) declined 1.89% or 425.25 points to end at 22075.80 and IndusInd Bank Ltd. (NS:INBK) shed 1.53% or 23.05 points to 1484.30.

The top performers on the BSE Sensex 30 were Power Grid Corporation of India Ltd (BO:PGRD) which rose 2.76% to 195.45, NTPC Ltd (BO:NTPC) which was up 2.06% to settle at 121.50 and Vedanta Ltd (BO:VDAN) which gained 1.31% to close at 154.50.

The worst performers were Tata Motors Ltd DVR (BO:TAMdv) which was down 1.75% to 75.75 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 1.72% to settle at 1484.60 and Bajaj Auto Ltd (BO:BAJA) which was down 1.21% to 3147.00 at the close.

Advancing stocks outnumbered falling ones by 878 to 644 and 87 ended unchanged; on the Bombay Stock Exchange, 1306 rose and 1004 declined, while 185 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.60% to 11.5975.

In commodities trading, Gold Futures for February delivery was up 0.09% or 1.35 to $1519.95 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.78% or 0.48 to hit $61.20 a barrel, while the March Brent oil contract fell 0.96% or 0.64 to trade at $66.03 a barrel.

USD/INR was down 0.06% to 71.305, while EUR/INR unchanged 0.00% to 79.9830.

The US Dollar Index Futures was down 0.27% at 96.150.

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