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India shares higher at close of trade; Nifty 50 up 0.48%

Published 2018-07-20, 06:45 a/m
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.48%
NSEI
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BAJA
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HROM
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VDAN
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Investing.com – India equities were higher at the close on Friday, as gains in the IT, Technology and Healthcare sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.48%, while the BSE Sensex 30 index gained 0.40%.

The biggest gainers of the session on the Nifty 50 were Bajaj Finance Ltd (NS:BJFN), which rose 8.01% or 201.75 points to trade at 2721.35 at the close. Bajaj Finserv Ltd (NS:BJFS) added 5.77% or 363.20 points to end at 6663.95 and Sun Pharmaceutical Industries Ltd. (NS:SUN) was up 2.87% or 15.65 points to 560.10 in late trade.

Biggest losers included Bajaj Auto Ltd (NS:BAJA), which lost 9.42% or 293.40 points to trade at 2839.60 in late trade. Hindustan Petroleum Corporation Ltd (NS:HPCL) declined 2.95% or 8.40 points to end at 275.40 and Indian Oil Corporation Ltd (NS:IOC) shed 2.90% or 4.80 points to 161.05.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:SUN) which rose 2.72% to 559.90, Infosys Ltd (BO:INFY) which was up 2.42% to settle at 1348.35 and Reliance Industries Ltd (BO:RELI) which gained 2.23% to close at 1128.55.

The worst performers were Bajaj Auto Ltd (BO:BAJA) which was down 8.73% to 2841.10 in late trade, Vedanta Ltd (BO:VDAN) which lost 2.74% to settle at 202.60 and Hero MotoCorp Ltd (BO:HROM) which was down 2.22% to 3382.00 at the close.

Declining stocks outnumbered rising ones by 860 to 727 and 55 ended unchanged; on the Bombay Stock Exchange, 1373 fell and 1109 advanced, while 124 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.42% to 13.5350.

In commodities trading, Gold Futures for August delivery was down 0.07% or 0.80 to $1223.20 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.32% or 0.22 to hit $68.02 a barrel, while the September Brent oil contract fell 0.15% or 0.11 to trade at $72.47 a barrel.

USD/INR was unchanged 0.00% to 68.945, while EUR/INR fell 0.06% to 80.3080.

The US Dollar Index Futures was down 0.06% at 94.92.

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