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India stocks higher at close of trade; Nifty 50 up 0.25%

Published 05/22/2019, 06:45 AM
India stocks higher at close of trade; Nifty 50 up 0.25%
NSEI
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NIFVIX
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BPCL
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INBK
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ITC
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SUN
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TCS
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TEML
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YESB
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BSESN
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BSECG
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BSEPSU
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BSEBANK
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SMMN
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TAMdv
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Investing.com – India stocks were higher after the close on Wednesday, as gains in the Public Sector Undertakings, Banking and Capital Goods sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.25%, while the BSE Sensex 30 index climbed 0.36%.

The best performers of the session on the Nifty 50 were IndusInd Bank Ltd. (NS:INBK), which rose 5.54% or 80.25 points to trade at 1518.90 at the close. Meanwhile, Sun Pharmaceutical Industries Ltd. (NS:SUN) added 3.46% or 14.15 points to end at 421.20 and Bharat Petroleum Corp. Ltd. (NS:BPCL) was up 2.35% or 8.80 points to 384.25 in late trade.

The worst performers of the session were Tech Mahindra Ltd (NS:TEML), which fell 2.98% or 23.05 points to trade at 749.95 at the close. Indiabulls Housing Finance Ltd (NS:INBF) declined 2.94% or 23.75 points to end at 784.55 and Yes Bank Ltd (NS:YESB) was down 1.49% or 2.10 points to 137.55.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 4.84% to 1517.55, Sun Pharmaceutical Industries Ltd. (BO:SUN) which was up 2.92% to settle at 420.65 and Tata Motors Ltd DVR (BO:TAMdv) which gained 2.71% to close at 85.35.

The worst performers were Yes Bank Ltd (BO:YESB) which was down 2.34% to 137.70 in late trade, ITC Ltd (BO:ITC) which lost 1.88% to settle at 299.55 and Tata Consultancy Services Ltd. (BO:TCS) which was down 1.25% to 2082.75 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 882 to 696 and 70 ended unchanged; on the Bombay Stock Exchange, 1316 rose and 1127 declined, while 174 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 7.72% to 27.6325.

Gold Futures for June delivery was up 0.03% or 0.35 to $1273.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.90% or 0.57 to hit $62.56 a barrel, while the July Brent oil contract fell 0.48% or 0.35 to trade at $71.83 a barrel.

USD/INR was up 0.01% to 69.665, while EUR/INR rose 0.18% to 77.8315.

The US Dollar Index Futures was down 0.05% at 97.843.

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