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India stocks higher at close of trade; Nifty 50 up 0.48%

Published 07/20/2018, 06:45 AM
Updated 07/20/2018, 06:50 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.48%
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Investing.com – India stocks were higher after the close on Friday, as gains in the IT, Technology and Healthcare sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.48%, while the BSE Sensex 30 index gained 0.40%.

The best performers of the session on the Nifty 50 were Bajaj Finance Ltd (NS:BJFN), which rose 8.01% or 201.75 points to trade at 2721.35 at the close. Meanwhile, Bajaj Finserv Ltd (NS:BJFS) added 5.77% or 363.20 points to end at 6663.95 and Sun Pharmaceutical Industries Ltd. (NS:SUN) was up 2.87% or 15.65 points to 560.10 in late trade.

The worst performers of the session were Bajaj Auto Ltd (NS:BAJA), which fell 9.42% or 293.40 points to trade at 2839.60 at the close. Hindustan Petroleum Corporation Ltd (NS:HPCL) declined 2.95% or 8.40 points to end at 275.40 and Indian Oil Corporation Ltd (NS:IOC) was down 2.90% or 4.80 points to 161.05.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:SUN) which rose 2.72% to 559.90, Infosys Ltd (BO:INFY) which was up 2.42% to settle at 1348.35 and Reliance Industries Ltd (BO:RELI) which gained 2.23% to close at 1128.55.

The worst performers were Bajaj Auto Ltd (BO:BAJA) which was down 8.73% to 2841.10 in late trade, Vedanta Ltd (BO:VDAN) which lost 2.74% to settle at 202.60 and Hero MotoCorp Ltd (BO:HROM) which was down 2.22% to 3382.00 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 860 to 727 and 55 ended unchanged; on the Bombay Stock Exchange, 1373 fell and 1109 advanced, while 124 ended unchanged.

Shares in Bajaj Finance Ltd (NS:BJFN) rose to all time highs; gaining 8.01% or 201.75 to 2721.35. Shares in Bajaj Finserv Ltd (NS:BJFS) rose to all time highs; gaining 5.77% or 363.20 to 6663.95. Shares in Vedanta Ltd (BO:VDAN) fell to 52-week lows; falling 2.74% or 5.70 to 202.60. Shares in Reliance Industries Ltd (BO:RELI) rose to all time highs; rising 2.23% or 24.65 to 1128.55. Shares in Hero MotoCorp Ltd (BO:HROM) fell to 52-week lows; falling 2.22% or 76.90 to 3382.00.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.42% to 13.5350.

Gold Futures for August delivery was down 0.04% or 0.50 to $1223.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.32% or 0.22 to hit $68.02 a barrel, while the September Brent oil contract fell 0.18% or 0.13 to trade at $72.45 a barrel.

USD/INR was unchanged 0.00% to 68.945, while EUR/INR fell 0.04% to 80.3180.

The US Dollar Index Futures was down 0.08% at 94.90.

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