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India stocks higher at close of trade; Nifty 50 up 0.27%

Published 11/21/2017, 05:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.27%
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Investing.com – India stocks were higher after the close on Tuesday, as gains in the Consumer Durables, Healthcare and Oil & Gas sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.27%, while the BSE Sensex 30 index climbed 0.36%.

The best performers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd (NS:REDY), which rose 5.26% or 119.70 points to trade at 2394.15 at the close. Meanwhile, Sun Pharmaceutical Industries Ltd. (NS:SUN) added 4.04% or 20.90 points to end at 538.05 and Tech Mahindra Ltd (NS:TEML) was up 3.58% or 17.05 points to 493.85 in late trade.

The worst performers of the session were Indiabulls Housing Finance Ltd (NS:INBF), which fell 1.79% or 21.50 points to trade at 1178.00 at the close. Coal India Ltd (NS:COAL) declined 1.63% or 4.55 points to end at 273.80 and ITC Ltd (NS:ITC) was down 1.31% or 3.40 points to 255.80.

The top performers on the BSE Sensex 30 were Dr. Reddy’s Laboratories Ltd (BO:REDY) which rose 4.99% to 2390.85, Sun Pharmaceutical Industries Ltd. (BO:SUN) which was up 4.18% to settle at 538.05 and Cipla Ltd. (BO:CIPL) which gained 2.31% to close at 616.50.

The worst performers were Coal India Ltd (BO:COAL) which was down 1.51% to 274.05 in late trade, ITC Ltd (BO:ITC) which lost 1.08% to settle at 256.30 and Power Grid Corporation of India Ltd (BO:PGRD) which was down 1.03% to 206.80 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 881 to 703 and 8 ended unchanged; on the Bombay Stock Exchange, 1443 rose and 1199 declined, while 161 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.10% to 13.7150.

Gold Futures for December delivery was up 0.44% or 5.58 to $1280.88 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.43% or 0.24 to hit $56.66 a barrel, while the January Brent oil contract rose 0.50% or 0.31 to trade at $62.53 a barrel.

USD/INR was down 0.22% to 64.895, while EUR/INR fell 0.28% to 76.1640.

The US Dollar Index Futures was down 0.05% at 93.95.

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