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India stocks higher at close of trade; Nifty 50 up 0.72%

Published 09/16/2020, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.72%
NSEI
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NIFVIX
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AXBK
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BAJA
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REDY
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HALC
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INBK
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MAHM
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NTPC
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SUN
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INUS
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BSESN
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BSEAUTO
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BSESHLIP
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BSEREAL
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Investing.com – India stocks were higher after the close on Wednesday, as gains in the Real Estate, Healthcare and Auto sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.72%, while the BSE Sensex 30 index gained 0.66%.

The best performers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd (NS:REDY), which rose 4.44% or 197.25 points to trade at 4639.60 at the close. Meanwhile, Mahindra & Mahindra Ltd. (NS:MAHM) added 4.01% or 24.60 points to end at 638.05 and Hindalco Industries Ltd. (NS:HALC) was up 3.90% or 6.90 points to 183.65 in late trade.

The worst performers of the session were IndusInd Bank Ltd. (NS:INBK), which fell 2.00% or 12.65 points to trade at 620.75 at the close. NTPC Ltd (NS:NTPC) declined 1.65% or 1.50 points to end at 89.60 and Bharti Infratel Ltd (NS:BHRI) was down 1.14% or 2.30 points to 200.20.

The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:MAHM) which rose 3.96% to 637.90, Bajaj Auto Ltd (BO:BAJA) which was up 3.44% to settle at 3042.00 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which gained 2.50% to close at 518.70.

The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 1.80% to 622.10 in late trade, NTPC Ltd (BO:NTPC) which lost 1.48% to settle at 89.65 and AXIS Bank Ltd. (BO:AXBK) which was down 0.99% to 445.20 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 826 to 757 and 100 ended unchanged; on the Bombay Stock Exchange, 1368 rose and 1270 declined, while 196 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.55% to 19.6600.

Gold Futures for December delivery was up 0.39% or 7.65 to $1973.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 2.19% or 0.84 to hit $39.12 a barrel, while the November Brent oil contract rose 2.00% or 0.81 to trade at $41.34 a barrel.

USD/INR was down 0.07% to 73.546, while EUR/INR rose 0.10% to 87.2690.

The US Dollar Index Futures was down 0.21% at 92.888.

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