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India stocks higher at close of trade; Nifty 50 up 0.04%

Published 08/23/2016, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.04%
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Investing.com – India stocks were higher after the close on Tuesday, as gains in the IT, Technology and Banking sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.04%, while the BSE Sensex 30 index added 0.02%.

The best performers of the session on the Nifty 50 were Idea Cellular Ltd (NS:IDEA), which rose 6.88% or 6.50 points to trade at 101.00 at the close. Meanwhile, Bank Of Baroda (NS:BOB) added 2.66% or 4.25 points to end at 164.30 and HCL Technologies Ltd (NS:HCLT) was up 2.43% or 18.75 points to 791.00 in late trade.

The worst performers of the session were Bharat Heavy Electricals Ltd. (NS:BHEL), which fell 4.86% or 7.00 points to trade at 136.90 at the close. Bharat Petroleum Corp. Ltd. (NS:BPCL) declined 3.58% or 21.40 points to end at 576.10 and Tata Power Co. Ltd (NS:TTPW) was down 2.92% or 2.25 points to 74.80.

The top performers on the BSE Sensex 30 were Infosys Ltd (BO:INFY) which rose 2.35% to 1039.25, Tata Consultancy Services Ltd. (BO:TCS) which was up 2.03% to settle at 2603.20 and Bharti Airtel Ltd (BO:BRTI) which gained 0.96% to close at 353.55.

The worst performers were Bharat Heavy Electricals Ltd. (BO:BHEL) which was down 4.60% to 136.95 in late trade, Tata Power Co. Ltd (BO:TTPW) which lost 3.24% to settle at 74.75 and NTPC Limited (BO:NTPC) which was down 2.90% to 158.80 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 782 to 667 and 80 ended unchanged; on the Bombay Stock Exchange, 839 fell and 760 advanced, while 72 ended unchanged.

The India Vix, which measures the implied volatility of Nifty 50 options, was down 2.37% to 13.8975.

Gold for December delivery was down 0.01% or 0.15 to $1343.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.10% or 0.52 to hit $46.89 a barrel, while the October Brent oil contract fell 1.18% or 0.58 to trade at $48.58 a barrel.

USD/INR was down 0.21% to 67.055, while EUR/INR fell 0.10% to 75.9870.

The US Dollar Index was down 0.15% at 94.38.

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