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India stocks higher at close of trade; Nifty 50 up 0.91%

Published 09/25/2018, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.91%
NSEI
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AXBK
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COAL
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HLL
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Investing.com – India stocks were higher after the close on Tuesday, as gains in the Healthcare, Banking and Fast Moving Consumer Goods sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.91%, while the BSE Sensex 30 index climbed 0.96%.

The best performers of the session on the Nifty 50 were Housing Development Finance Corporation Ltd (NS:HDFC), which rose 3.18% or 54.65 points to trade at 1773.35 at the close. Meanwhile, Kotak Mahindra Bank Ltd. (NS:KTKM) added 3.02% or 34.65 points to end at 1183.35 and AXIS Bank Ltd (NS:AXBK) was up 2.85% or 17.00 points to 614.35 in late trade.

The worst performers of the session were Indiabulls Housing Finance Ltd (NS:INBF), which fell 5.60% or 54.95 points to trade at 929.65 at the close. Bharti Infratel Ltd (NS:BHRI) declined 3.06% or 8.50 points to end at 269.35 and Yes Bank Ltd (NS:YESB) was down 2.61% or 5.90 points to 219.70.

The top performers on the BSE Sensex 30 were Hindustan Unilever Ltd. (BO:HLL) which rose 2.97% to 1638.20, AXIS Bank Ltd. (BO:AXBK) which was up 2.96% to settle at 615.25 and Housing Development Finance Corporation Ltd (BO:HDFC) which gained 2.95% to close at 1771.75.

The worst performers were Power Grid Corporation of India Ltd (BO:PGRD) which was down 3.07% to 192.35 in late trade, Yes Bank Ltd (BO:YESB) which lost 2.83% to settle at 219.85 and Coal India Ltd (BO:COAL) which was down 1.94% to 276.00 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1021 to 600 and 45 ended unchanged; on the Bombay Stock Exchange, 1539 fell and 1032 advanced, while 151 ended unchanged.

Shares in Indiabulls Housing Finance Ltd (NS:INBF) fell to 52-week lows; losing 5.60% or 54.95 to 929.65. Shares in Yes Bank Ltd (NS:YESB) fell to 52-week lows; falling 2.61% or 5.90 to 219.70. Shares in Yes Bank Ltd (BO:YESB) fell to 52-week lows; falling 2.83% or 6.40 to 219.85.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.27% to 16.6825.

Gold Futures for December delivery was up 0.05% or 0.60 to $1205.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.69% or 0.50 to hit $72.58 a barrel, while the December Brent oil contract rose 1.01% or 0.81 to trade at $81.34 a barrel.

USD/INR was down 0.37% to 72.645, while EUR/INR rose 0.12% to 85.4695.

The US Dollar Index Futures was down 0.11% at 93.75.

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