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India shares higher at close of trade; Nifty 50 up 0.28%

Published 2019-01-08, 05:45 a/m
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.28%
NSEI
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Investing.com – India equities were higher at the close on Tuesday, as gains in the Banking, Healthcare and Green Energy sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.28%, while the BSE Sensex 30 index gained 0.36%.

The biggest gainers of the session on the Nifty 50 were Sun Pharmaceutical Industries Ltd. (NS:SUN), which rose 4.17% or 17.95 points to trade at 448.05 at the close. ICICI Bank Ltd (NS:ICBK) added 3.15% or 11.60 points to end at 380.15 and State Bank Of India (NS:SBI) was up 3.10% or 9.20 points to 305.30 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd. (NS:ZEE), which lost 2.99% or 13.85 points to trade at 451.65 in late trade. UPL Ltd (NS:UPLL) declined 1.67% or 12.75 points to end at 752.20 and Kotak Mahindra Bank Ltd. (NS:KTKM) shed 1.49% or 18.60 points to 1228.90.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:SUN) which rose 3.98% to 447.15, ICICI Bank Ltd (BO:ICBK) which was up 3.46% to settle at 380.20 and State Bank Of India (BO:SBI) which gained 3.18% to close at 305.10.

The worst performers were Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 1.41% to 1230.00 in late trade, NTPC Ltd (BO:NTPC) which lost 0.98% to settle at 146.95 and Housing Development Finance Corporation Ltd (BO:HDFC) which was down 0.81% to 1955.00 at the close.

Declining stocks outnumbered rising ones by 812 to 761 and 65 ended unchanged; on the Bombay Stock Exchange, 1271 fell and 1218 advanced, while 168 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.70% to 15.7000.

In commodities trading, Gold Futures for February delivery was down 0.45% or 5.75 to $1284.15 a troy ounce. Meanwhile, Crude oil for delivery in February rose 1.42% or 0.69 to hit $49.21 a barrel, while the March Brent oil contract rose 1.62% or 0.93 to trade at $58.26 a barrel.

USD/INR was up 0.46% to 70.145, while EUR/INR rose 0.28% to 80.2930.

The US Dollar Index Futures was up 0.20% at 95.417.

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