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India stocks higher at close of trade; Nifty 50 up 0.13%

Published 06/13/2018, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.13%
NSEI
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Investing.com – India stocks were higher after the close on Wednesday, as gains in the IT, Technology and Healthcare sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.13% to hit a new 3-months high, while the BSE Sensex 30 index gained 0.13%.

The best performers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd (NS:REDY), which rose 2.89% or 63.40 points to trade at 2256.30 at the close. Meanwhile, Cipla Ltd. (NS:CIPL) added 2.62% or 14.85 points to end at 582.10 and Tata Consultancy Services Ltd. (NS:TCS) was up 2.41% or 43.00 points to 1824.10 in late trade.

The worst performers of the session were Tata Steel Ltd (NS:TISC), which fell 2.14% or 12.40 points to trade at 567.60 at the close. Adani Port and Special Economic Zone Ltd (NS:APSE) declined 1.21% or 4.70 points to end at 382.85 and Zee Entertainment Enterprises Ltd. (NS:ZEE) was down 1.30% or 7.35 points to 557.10.

The top performers on the BSE Sensex 30 were Dr. Reddy’s Laboratories Ltd (BO:REDY) which rose 2.82% to 2252.00, Tata Consultancy Services Ltd. (BO:TCS) which was up 2.43% to settle at 1824.20 and State Bank Of India (BO:SBI) which gained 1.70% to close at 287.65.

The worst performers were Tata Steel Ltd (BO:TISC) which was down 2.12% to 567.50 in late trade, Adani Port and Special Economic Zone Ltd (BO:APSE) which lost 1.48% to settle at 382.15 and Hindustan Unilever Ltd. (BO:HLL) which was down 1.31% to 1619.00 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 859 to 738 and 58 ended unchanged; on the Bombay Stock Exchange, 1349 fell and 1243 advanced, while 149 ended unchanged.

Shares in Tata Consultancy Services Ltd. (NS:TCS) rose to all time highs; up 2.41% or 43.00 to 1824.10. Shares in Tata Consultancy Services Ltd. (BO:TCS) rose to 52-week highs; gaining 2.43% or 43.20 to 1824.20.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.75% to 12.6350 a new 1-month low.

Gold Futures for August delivery was down 0.10% or 1.30 to $1298.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.29% or 0.19 to hit $66.17 a barrel, while the August Brent oil contract rose 0.08% or 0.06 to trade at $75.94 a barrel.

USD/INR was unchanged 0.00% to 67.605, while EUR/INR rose 0.39% to 79.5592.

The US Dollar Index Futures was down 0.05% at 93.78.

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