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India stocks higher at close of trade; Nifty 50 up 0.30%

Published 07/17/2017, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.30%
NSEI
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COAL
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Investing.com – India stocks were higher after the close on Monday, as gains in the Real Estate, Metals and IT sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.30% to hit a new all time high, while the BSE Sensex 30 index added 0.17%.

The best performers of the session on the Nifty 50 were UltraTech Cement Ltd (NS:ULTC), which rose 2.96% or 124.85 points to trade at 4347.75 at the close. Meanwhile, Grasim Industries Ltd (NS:GRAS) added 2.77% or 35.20 points to end at 1306.60 and Wipro Ltd (NS:WIPR) was up 2.69% or 7.00 points to 266.85 in late trade.

The worst performers of the session were ITC Ltd (NS:ITC), which fell 3.56% or 12.00 points to trade at 325.15 at the close. Coal India Ltd (NS:COAL) declined 1.38% or 3.45 points to end at 247.00 and Yes Bank Ltd. (NS:YESB) was down 1.10% or 17.15 points to 1547.45.

The top performers on the BSE Sensex 30 were Wipro Ltd (BO:WIPR) which rose 3.12% to 267.60, Adani Port and Special Economic Zone Ltd (BO:APSE) which was up 1.81% to settle at 381.60 and ICICI Bank Ltd (BO:ICBK) which gained 1.69% to close at 303.05.

The worst performers were ITC Ltd (BO:ITC) which was down 3.40% to 325.75 in late trade, Coal India Ltd (BO:COAL) which lost 1.34% to settle at 247.20 and Gail (India) Ltd. (BO:GAIL) which was down 1.13% to 384.95 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 826 to 741 and 10 ended unchanged; on the Bombay Stock Exchange, 1357 fell and 1275 advanced, while 142 ended unchanged.

Shares in Grasim Industries Ltd (NS:GRAS) rose to all time highs; up 2.77% or 35.20 to 1306.60. Shares in Adani Port and Special Economic Zone Ltd (BO:APSE) rose to all time highs; rising 1.81% or 6.80 to 381.60. Shares in ICICI Bank Ltd (BO:ICBK) rose to 52-week highs; rising 1.69% or 5.05 to 303.05.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.55% to 11.4575.

Gold Futures for August delivery was up 0.27% or 3.29 to $1230.79 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.04% or 0.02 to hit $46.52 a barrel, while the September Brent oil contract rose 0.08% or 0.04 to trade at $48.95 a barrel.

USD/INR was up 0.11% to 64.347, while EUR/INR fell 0.17% to 73.7490.

The US Dollar Index Futures was up 0.06% at 94.96.

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