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India shares higher at close of trade; Nifty 50 up 0.74%

Published 2018-12-28, 05:45 a/m
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.74%
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Investing.com – India equities were higher at the close on Friday, as gains in the Consumer Durables, Healthcare and Capital Goods sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.74%, while the BSE Sensex 30 index added 0.75%.

The biggest gainers of the session on the Nifty 50 were Titan Company Ltd (NS:TITN), which rose 4.11% or 36.50 points to trade at 922.70 at the close. Sun Pharmaceutical Industries Ltd. (NS:SUN) added 3.37% or 13.85 points to end at 425.20 and Indian Oil Corporation Ltd (NS:IOC) was up 3.21% or 4.30 points to 138.20 in late trade.

Biggest losers included Coal India Ltd (NS:COAL), which lost 3.16% or 7.90 points to trade at 242.30 in late trade. Bharti Infratel Ltd (NS:BHRI) declined 1.56% or 4.15 points to end at 263.00 and Bharat Petroleum Corp. Ltd. (NS:BPCL) shed 0.93% or 3.40 points to 361.90.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:SUN) which rose 2.98% to 424.60, Bajaj Finance Ltd (BO:BJFN) which was up 2.13% to settle at 2636.75 and Vedanta Ltd (BO:VDAN) which gained 1.76% to close at 199.40.

The worst performers were Coal India Ltd (BO:COAL) which was down 2.92% to 242.35 in late trade, Tata Consultancy Services Ltd. (BO:TCS) which lost 0.71% to settle at 1895.80 and Bajaj Auto Ltd (BO:BAJA) which was down 0.47% to 2723.30 at the close.

Advancing stocks outnumbered falling ones by 1011 to 574 and 67 ended unchanged; on the Bombay Stock Exchange, 1519 rose and 1021 declined, while 149 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.99% to 15.2700.

In commodities trading, Gold Futures for February delivery was up 0.02% or 0.30 to $1281.40 a troy ounce. Meanwhile, Crude oil for delivery in February rose 1.95% or 0.87 to hit $45.48 a barrel, while the March Brent oil contract rose 1.40% or 0.74 to trade at $53.47 a barrel.

USD/INR was up 0.02% to 70.050, while EUR/INR fell 0.15% to 80.3100.

The US Dollar Index Futures was down 0.22% at 95.787.

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