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India stocks higher at close of trade; Nifty 50 up 0.87%

Published 09/12/2017, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.87%
NSEI
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NIFVIX
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BPCL
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GAIL
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HROM
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INBK
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ONGC
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SUN
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TAMO
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TISC
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WIPR
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BSESN
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BSESHLIP
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BSEOIL
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BSEREAL
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Investing.com – India stocks were higher after the close on Tuesday, as gains in the Real Estate, Healthcare and Oil & Gas sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.87% to hit a new 1-month high, while the BSE Sensex 30 index added 0.87%.

The best performers of the session on the Nifty 50 were Bharat Petroleum Corp. Ltd. (NS:BPCL), which rose 4.22% or 21.60 points to trade at 533.85 at the close. Meanwhile, GAIL Ltd (NS:GAIL) added 3.75% or 14.80 points to end at 409.60 and Tata Motors Ltd (NS:TAMO) was up 3.45% or 12.95 points to 388.25 in late trade.

The worst performers of the session were IndusInd Bank Ltd. (NS:INBK), which fell 2.76% or 49.35 points to trade at 1741.90 at the close. Wipro Ltd (NS:WIPR) declined 1.01% or 3.05 points to end at 298.10 and Hero MotoCorp Ltd (NS:HROM) was down 0.65% or 25.60 points to 3918.90.

The top performers on the BSE Sensex 30 were Gail (India) Ltd. (BO:GAIL) which rose 3.97% to 410.00, Tata Steel Ltd (BO:TISC) which was up 3.30% to settle at 683.15 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which gained 3.17% to close at 483.50.

The worst performers were Wipro Ltd (BO:WIPR) which was down 1.00% to 298.25 in late trade, Oil And Natural Gas Corporation Ltd (BO:ONGC) which lost 0.76% to settle at 162.15 and Hero MotoCorp Ltd (BO:HROM) which was down 0.72% to 3917.55 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 915 to 637 and 23 ended unchanged; on the Bombay Stock Exchange, 1399 rose and 1115 declined, while 141 ended unchanged.

Shares in Tata Steel Ltd (BO:TISC) rose to 5-year highs; rising 3.30% or 21.85 to 683.15.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.87% to 11.7575.

Gold Futures for December delivery was down 0.52% or 7.00 to $1328.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.19% or 0.09 to hit $47.98 a barrel, while the November Brent oil contract rose 0.09% or 0.05 to trade at $53.89 a barrel.

USD/INR was up 0.05% to 64.016, while EUR/INR rose 0.01% to 76.4484.

The US Dollar Index Futures was up 0.02% at 91.94.

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