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India stocks higher at close of trade; Nifty 50 up 0.26%

Published 01/18/2018, 05:45 AM
India stocks higher at close of trade; Nifty 50 up 0.26%
NSEI
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NIFVIX
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COAL
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HDBK
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HALC
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HDFC
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ITC
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APSE
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TISC
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UPLL
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INUS
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BSESN
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BSESCGIP
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BSESITIP
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BSEBANK
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SMMN
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Investing.com – India stocks were higher after the close on Thursday, as gains in the Fast Moving Consumer Goods, Banking and IT sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.26% to hit a new all time high, while the BSE Sensex 30 index gained 0.51%.

The best performers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd (NS:INBF), which rose 2.64% or 31.95 points to trade at 1243.70 at the close. Meanwhile, ITC Ltd (NS:ITC) added 2.99% or 7.95 points to end at 273.40 and UPL Ltd (NS:UPLL) was up 2.21% or 17.25 points to 800.50 in late trade.

The worst performers of the session were Bharti Infratel Ltd (NS:BHRI), which fell 6.00% or 21.95 points to trade at 343.80 at the close. Adani Port and Special Economic Zone Ltd (NS:APSE) declined 3.37% or 14.60 points to end at 416.25 and Hindalco Industries Ltd. (NS:HALC) was down 3.44% or 9.05 points to 253.90.

The top performers on the BSE Sensex 30 were ITC Ltd (BO:ITC) which rose 2.61% to 272.85, HDFC Bank Ltd (BO:HDBK) which was up 2.15% to settle at 1931.80 and Housing Development Finance Corporation Ltd (BO:HDFC) which gained 1.99% to close at 1897.00.

The worst performers were Adani Port and Special Economic Zone Ltd (BO:APSE) which was down 4.32% to 414.35 in late trade, Tata Steel Ltd (BO:TISC) which lost 2.89% to settle at 751.85 and Coal India Ltd (BO:COAL) which was down 2.81% to 283.10 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1376 to 248 and 15 ended unchanged; on the Bombay Stock Exchange, 2227 fell and 656 advanced, while 114 ended unchanged.

Shares in HDFC Bank Ltd (BO:HDBK) rose to all time highs; up 2.15% or 40.70 to 1931.80. Shares in Housing Development Finance Corporation Ltd (BO:HDFC) rose to all time highs; rising 1.99% or 37.05 to 1897.00.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.72% to 13.9600.

Gold Futures for February delivery was down 0.69% or 9.20 to $1330.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.08% or 0.05 to hit $64.02 a barrel, while the March Brent oil contract rose 0.04% or 0.03 to trade at $69.41 a barrel.

USD/INR was down 0.02% to 63.825, while EUR/INR rose 0.26% to 78.0527.

The US Dollar Index Futures was down 0.22% at 90.45.

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