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India shares higher at close of trade; Nifty 50 up 0.31%

Published 2019-07-15, 06:45 a/m
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.31%
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Investing.com – India equities were higher at the close on Monday, as gains in the IT, Technology and Healthcare sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.31%, while the BSE Sensex 30 index climbed 0.41%.

The biggest gainers of the session on the Nifty 50 were Infosys Ltd (NS:INFY), which rose 7.24% or 52.65 points to trade at 779.35 at the close. Sun Pharmaceutical Industries Ltd. (NS:SUN) added 3.12% or 12.70 points to end at 422.95 and UPL Ltd (NS:UPLL) was up 2.85% or 17.95 points to 647.40 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd (NS:INBF), which lost 4.35% or 29.00 points to trade at 638.95 in late trade. IndusInd Bank Ltd. (NS:INBK) declined 2.39% or 36.05 points to end at 1475.10 and Larsen & Toubro Ltd (NS:LART) shed 1.83% or 26.85 points to 1440.60.

The top performers on the BSE Sensex 30 were Infosys Ltd (BO:INFY) which rose 7.20% to 779.45, Sun Pharmaceutical Industries Ltd. (BO:SUN) which was up 3.61% to settle at 422.40 and Maruti Suzuki India Ltd. (BO:MRTI) which gained 1.81% to close at 6079.75.

The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 2.38% to 1474.40 in late trade, Larsen & Toubro Ltd (BO:LART) which lost 1.84% to settle at 1440.25 and ITC Ltd (BO:ITC) which was down 1.47% to 270.90 at the close.

Declining stocks outnumbered rising ones by 1098 to 495 and 49 ended unchanged; on the Bombay Stock Exchange, 1538 fell and 837 advanced, while 155 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.19% to 12.0200 a new 52-week low.

In commodities trading, Gold Futures for August delivery was up 0.38% or 5.35 to $1417.55 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.33% or 0.20 to hit $60.41 a barrel, while the September Brent oil contract rose 0.49% or 0.33 to trade at $67.05 a barrel.

USD/INR was down 0.01% to 68.545, while EUR/INR rose 0.11% to 77.3325.

The US Dollar Index Futures was down 0.03% at 96.393.

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