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India shares higher at close of trade; Nifty 50 up 0.56%

Published 2017-10-04, 06:45 a/m
India shares higher at close of trade; Nifty 50 up 0.56%
NSEI
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NIFVIX
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ARBN
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BRTI
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EICH
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HDBK
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ICBK
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ITC
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RELI
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SUN
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UPLL
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BSESN
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BSESCGIP
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BSESHLIP
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BSEOIL
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Investing.com – India equities were higher at the close on Wednesday, as gains in the Healthcare, Fast Moving Consumer Goods and Oil & Gas sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.56%, while the BSE Sensex 30 index gained 0.55%.

The biggest gainers of the session on the Nifty 50 were Reliance Industries Ltd (NS:RELI), which rose 3.21% or 25.65 points to trade at 824.00 at the close. Sun Pharmaceutical Industries Ltd. (NS:SUN) added 3.03% or 15.25 points to end at 517.90 and Aurobindo Pharma Ltd. (NS:ARBN) was up 2.55% or 18.00 points to 724.95 in late trade.

Biggest losers included Bharti Airtel Ltd. (NS:BRTI), which lost 1.95% or 7.50 points to trade at 377.15 in late trade. UPL Ltd (NS:UPLL) declined 0.99% or 7.85 points to end at 788.15 and Eicher Motors Ltd. (NS:EICH) shed 0.84% or 262.70 points to 30884.60.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:SUN) which rose 2.98% to 517.80, Reliance Industries Ltd (BO:RELI) which was up 2.61% to settle at 819.20 and ITC Ltd (BO:ITC) which gained 2.30% to close at 267.35.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 2.26% to 376.95 in late trade, ICICI Bank Ltd (BO:ICBK) which lost 0.88% to settle at 276.00 and HDFC Bank Ltd (BO:HDBK) which was down 0.66% to 1796.80 at the close.

Advancing stocks outnumbered falling ones by 897 to 650 and 25 ended unchanged; on the Bombay Stock Exchange, 1414 rose and 1133 declined, while 124 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 5.30% to 11.8000.

In commodities trading, Gold Futures for December delivery was up 0.27% or 3.50 to $1281.40 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.40% or 0.20 to hit $50.22 a barrel, while the December Brent oil contract fell 0.41% or 0.23 to trade at $55.77 a barrel.

USD/INR was down 0.65% to 65.035, while EUR/INR fell 0.42% to 76.5818.

The US Dollar Index Futures was down 0.28% at 93.16.

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