Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

India stocks higher at close of trade; Nifty 50 up 0.18%

Published 06/11/2018, 06:45 AM
Updated 06/11/2018, 06:50 AM
India stocks higher at close of trade; Nifty 50 up 0.18%
NSEI
-
NIFVIX
-
BJFN
-
BRTI
-
COAL
-
REDY
-
HCLT
-
PGRD
-
SUN
-
TISC
-
ULTC
-
UPLL
-
BSESN
-
BSECD
-
BSESHLIP
-
BSETECK
-

Investing.com – India stocks were higher after the close on Monday, as gains in the Consumer Durables, Healthcare and Technology sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.18%, while the BSE Sensex 30 index climbed 0.11%.

The best performers of the session on the Nifty 50 were Bharti Airtel Ltd. (NS:BRTI), which rose 3.17% or 11.95 points to trade at 388.80 at the close. Meanwhile, Bajaj Finance Ltd (NS:BJFN) added 2.89% or 63.15 points to end at 2250.30 and UltraTech Cement Ltd (NS:ULTC) was up 1.85% or 68.85 points to 3790.10 in late trade.

The worst performers of the session were Tata Steel Ltd (NS:TISC), which fell 2.26% or 13.55 points to trade at 588.65 at the close. UPL Ltd (NS:UPLL) declined 2.09% or 14.90 points to end at 699.30 and HCL Technologies Ltd (NS:HCLT) was down 2.02% or 18.75 points to 911.60.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 3.19% to 388.75, Sun Pharmaceutical Industries Ltd. (BO:SUN) which was up 1.29% to settle at 535.00 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which gained 0.90% to close at 2081.45.

The worst performers were Tata Steel Ltd (BO:TISC) which was down 1.79% to 588.75 in late trade, Power Grid Corporation of India Ltd (BO:PGRD) which lost 1.21% to settle at 196.10 and Coal India Ltd (BO:COAL) which was down 0.72% to 287.80 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 940 to 670 and 50 ended unchanged; on the Bombay Stock Exchange, 1474 rose and 1133 declined, while 129 ended unchanged.

Shares in Bajaj Finance Ltd (NS:BJFN) rose to all time highs; up 2.89% or 63.15 to 2250.30.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 3.80% to 13.1800.

Gold Futures for August delivery was down 0.28% or 3.70 to $1299.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 1.22% or 0.80 to hit $64.94 a barrel, while the August Brent oil contract fell 1.07% or 0.82 to trade at $75.64 a barrel.

USD/INR was down 0.07% to 67.465, while EUR/INR fell 0.07% to 79.4193.

The US Dollar Index Futures was up 0.11% at 93.65.

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.