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India stocks higher at close of trade; Nifty 50 up 0.31%

Published 03/21/2018, 06:45 AM
Updated 03/21/2018, 06:50 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.31%
NSEI
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Investing.com – India stocks were higher after the close on Wednesday, as gains in the Real Estate, Capital Goods and Technology sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.31%, while the BSE Sensex 30 index added 0.42%.

The best performers of the session on the Nifty 50 were Bharti Airtel Ltd. (NS:BRTI), which rose 4.45% or 17.80 points to trade at 418.20 at the close. Meanwhile, Bajaj Finance Ltd (NS:BJFN) added 2.85% or 47.25 points to end at 1704.55 and NTPC Ltd (NS:NTPC) was up 2.16% or 3.60 points to 170.35 in late trade.

The worst performers of the session were Tata Steel Ltd (NS:TISC), which fell 1.81% or 10.75 points to trade at 582.25 at the close. Adani Port and Special Economic Zone Ltd (NS:APSE) declined 1.62% or 6.00 points to end at 363.70 and Bosch Ltd (NS:BOSH) was down 1.76% or 314.75 points to 17585.65.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 4.39% to 417.70, NTPC Ltd (BO:NTPC) which was up 2.11% to settle at 169.60 and Larsen & Toubro Ltd (BO:LART) which gained 1.14% to close at 1308.40.

The worst performers were Tata Steel Ltd (BO:TISC) which was down 1.85% to 582.35 in late trade, Tata Motors Ltd (BO:TAMO) which lost 1.58% to settle at 333.90 and Adani Port and Special Economic Zone Ltd (BO:APSE) which was down 1.44% to 363.90 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 828 to 749 and 63 ended unchanged; on the Bombay Stock Exchange, 1379 fell and 1239 advanced, while 151 ended unchanged.

Shares in Tata Motors Ltd (BO:TAMO) fell to 52-week lows; falling 1.58% or 5.35 to 333.90.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.20% to 15.1075.

Gold Futures for April delivery was up 0.27% or 3.50 to $1315.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.94% or 0.60 to hit $64.14 a barrel, while the May Brent oil contract rose 0.99% or 0.67 to trade at $68.09 a barrel.

USD/INR was down 0.08% to 65.195, while EUR/INR rose 0.28% to 80.0593.

The US Dollar Index Futures was down 0.27% at 89.77.

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