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India shares higher at close of trade; Nifty 50 up 0.36%

Published 2019-06-11, 06:45 a/m
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.36%
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Investing.com – India equities were higher at the close on Tuesday, as gains in the Metals, Public Sector Undertakings and Oil & Gas sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.36%, while the BSE Sensex 30 index climbed 0.42%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd. (NS:ZEE), which rose 2.70% or 9.05 points to trade at 346.20 at the close. Oil And Natural Gas Corporation Ltd (NS:ONGC) added 2.58% or 4.25 points to end at 169.25 and Tata Motors Ltd (NS:TAMO) was up 2.83% or 4.70 points to 170.75 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd (NS:INBF), which lost 8.07% or 59.20 points to trade at 674.55 in late trade. Sun Pharmaceutical Industries Ltd. (NS:SUN) declined 2.62% or 10.55 points to end at 389.95 and Mahindra & Mahindra Ltd. (NS:MAHM) shed 1.62% or 10.45 points to 636.85.

The top performers on the BSE Sensex 30 were Tata Motors Ltd DVR (BO:TAMdv) which rose 4.38% to 84.60, Tata Motors Ltd (BO:TAMO) which was up 2.71% to settle at 170.65 and Oil And Natural Gas Corporation Ltd (BO:ONGC) which gained 2.58% to close at 169.00.

The worst performers were Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 3.00% to 389.80 in late trade, Mahindra & Mahindra Ltd. (BO:MAHM) which lost 1.38% to settle at 638.20 and Larsen & Toubro Ltd (BO:LART) which was down 0.49% to 1524.70 at the close.

Declining stocks outnumbered rising ones by 895 to 708 and 52 ended unchanged; on the Bombay Stock Exchange, 1365 fell and 1099 advanced, while 147 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.24% to 14.4900 a new 3-month low.

In commodities trading, Gold Futures for August delivery was down 0.23% or 3.05 to $1326.25 a troy ounce. Meanwhile, Crude oil for delivery in July rose 1.18% or 0.63 to hit $53.89 a barrel, while the August Brent oil contract rose 0.55% or 0.34 to trade at $62.63 a barrel.

USD/INR was down 0.11% to 69.437, while EUR/INR fell 0.08% to 78.5780.

The US Dollar Index Futures was up 0.02% at 96.727.

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