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India stocks higher at close of trade; Nifty 50 up 0.65%

Published 07/01/2019, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.65%
NSEI
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Investing.com – India stocks were higher after the close on Monday, as gains in the Real Estate, Auto and Power sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.65%, while the BSE Sensex 30 index gained 0.74%.

The best performers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd. (NS:ZEE), which rose 8.37% or 28.35 points to trade at 358.35 at the close. Meanwhile, Dr. Reddy’s Laboratories Ltd (NS:REDY) added 4.06% or 103.50 points to end at 2654.85 and Tata Motors Ltd (NS:TAMO) was up 3.11% or 5.05 points to 168.00 in late trade.

The worst performers of the session were Bharat Petroleum Corp. Ltd. (NS:BPCL), which fell 4.10% or 16.10 points to trade at 376.20 at the close. Oil And Natural Gas Corporation Ltd (NS:ONGC) declined 3.87% or 6.50 points to end at 161.00 and Indian Oil Corporation Ltd (NS:IOC) was down 2.44% or 3.80 points to 151.65.

The top performers on the BSE Sensex 30 were Tata Motors Ltd (BO:TAMO) which rose 3.23% to 167.85, Bajaj Auto Ltd (BO:BAJA) which was up 3.14% to settle at 2917.00 and Tata Motors Ltd DVR (BO:TAMdv) which gained 2.70% to close at 81.70.

The worst performers were Oil And Natural Gas Corporation Ltd (BO:ONGC) which was down 3.99% to 161.05 in late trade, HCL Technologies Ltd (BO:HCLT) which lost 1.43% to settle at 1049.30 and Maruti Suzuki India Ltd. (BO:MRTI) which was down 0.46% to 6503.70 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 808 to 783 and 64 ended unchanged; on the Bombay Stock Exchange, 1257 fell and 1214 advanced, while 159 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.34% to 14.6025.

Gold Futures for August delivery was down 1.44% or 20.35 to $1393.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 2.33% or 1.36 to hit $59.83 a barrel, while the September Brent oil contract rose 2.26% or 1.46 to trade at $66.20 a barrel.

USD/INR was up 0.09% to 69.016, while EUR/INR fell 0.23% to 78.2015.

The US Dollar Index Futures was up 0.42% at 96.067.

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