🔺 What to do when markets are at an all-time high? Find smart bargains, like these.See Undervalued Stocks

India shares higher at close of trade; Nifty 50 up 0.70%

Published 2017-10-13, 06:45 a/m
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.70%
NSEI
-
NIFVIX
-
BRTI
-
COAL
-
REDY
-
GAIL
-
MAHM
-
TISC
-
ZEE
-
INUS
-
BSESN
-
BSEMET
-
BSETECK
-
BSEBANK
-

Investing.com – India equities were higher at the close on Friday, as gains in the Banking, Technology and Metals sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 0.70% to hit a new all time high, while the BSE Sensex 30 index gained 0.78%.

The biggest gainers of the session on the Nifty 50 were Bharti Airtel Ltd. (NS:BRTI), which rose 7.66% or 30.65 points to trade at 430.90 at the close. Bharti Infratel Ltd (NS:BHRI) added 4.17% or 18.00 points to end at 449.95 and Tata Steel Ltd (NS:TISC) was up 2.78% or 19.25 points to 710.85 in late trade.

Biggest losers included GAIL Ltd (NS:GAIL), which lost 1.89% or 8.45 points to trade at 437.50 in late trade. Zee Entertainment Enterprises Ltd. (NS:ZEE) declined 1.45% or 7.50 points to end at 510.05 and Dr. Reddy’s Laboratories Ltd (NS:REDY) shed 1.07% or 25.35 points to 2354.50.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 7.89% to 431.60, Tata Steel Ltd (BO:TISC) which was up 2.86% to settle at 710.60 and Coal India Ltd (BO:COAL) which gained 2.00% to close at 288.05.

The worst performers were Gail (India) Ltd. (BO:GAIL) which was down 2.07% to 436.75 in late trade, Dr. Reddy’s Laboratories Ltd (BO:REDY) which lost 1.09% to settle at 2354.00 and Mahindra & Mahindra Ltd. (BO:MAHM) which was down 0.95% to 1326.40 at the close.

Declining stocks outnumbered rising ones by 854 to 705 and 23 ended unchanged; on the Bombay Stock Exchange, 1392 fell and 1240 advanced, while 109 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.99% to 11.2625.

In commodities trading, Gold Futures for December delivery was down 0.08% or 0.98 to $1295.52 a troy ounce. Meanwhile, Crude oil for delivery in November rose 1.82% or 0.92 to hit $51.52 a barrel, while the December Brent oil contract rose 2.10% or 1.18 to trade at $57.43 a barrel.

USD/INR was down 0.14% to 64.906, while EUR/INR fell 0.28% to 76.7476.

The US Dollar Index Futures was unchanged 0.00% at 92.94.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.