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India stocks higher at close of trade; Nifty 50 up 0.36%

Published 03/13/2019, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.36%
NSEI
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Investing.com – India stocks were higher after the close on Wednesday, as gains in the Banking, Real Estate and Carbon sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.36% to hit a new 3-months high, while the BSE Sensex 30 index gained 0.58%.

The best performers of the session on the Nifty 50 were IndusInd Bank Ltd. (NS:INBK), which rose 4.32% or 67.85 points to trade at 1636.35 at the close. Meanwhile, Yes Bank Ltd (NS:YESB) added 3.56% or 8.40 points to end at 244.30 and Bajaj Finance Ltd (NS:BJFN) was up 2.87% or 78.95 points to 2828.15 in late trade.

The worst performers of the session were Lupin Ltd (NS:LUPN), which fell 4.45% or 35.60 points to trade at 763.30 at the close. Bharti Airtel Ltd. (NS:BRTI) declined 4.28% or 15.05 points to end at 337.75 and Vedanta Ltd (NS:VDAN) was down 3.61% or 6.45 points to 171.60.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 4.15% to 1636.25, Yes Bank Ltd (BO:YESB) which was up 3.67% to settle at 244.35 and Bajaj Finance Ltd (BO:BJFN) which gained 2.63% to close at 2826.20.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 4.08% to 336.50 in late trade, Vedanta Ltd (BO:VDAN) which lost 3.48% to settle at 172.05 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 2.98% to 456.10 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1081 to 527 and 57 ended unchanged; on the Bombay Stock Exchange, 1621 fell and 1007 advanced, while 143 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.19% to 15.2775.

Gold Futures for April delivery was up 0.79% or 10.25 to $1308.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 1.07% or 0.61 to hit $57.48 a barrel, while the May Brent oil contract rose 0.75% or 0.50 to trade at $67.17 a barrel.

USD/INR was down 0.06% to 69.513, while EUR/INR fell 0.07% to 78.5110.

The US Dollar Index Futures was down 0.04% at 96.857.

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