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India stocks higher at close of trade; Nifty 50 up 1.94%

Published 04/05/2018, 06:45 AM
India stocks higher at close of trade; Nifty 50 up 1.94%
NSEI
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NIFVIX
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BRTI
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BOSH
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CIPL
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HALC
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ITC
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PGRD
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SBI
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VDAN
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TISC
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BSESN
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BSEMET
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BSEREAL
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BSEBANK
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TAMdv
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Investing.com – India stocks were higher after the close on Thursday, as gains in the Metals, Banking and Real Estate sectors led shares higher.

At the close in NSE, the Nifty 50 added 1.94%, while the BSE Sensex 30 index climbed 1.75%.

The best performers of the session on the Nifty 50 were Hindalco Industries Ltd. (NS:HALC), which rose 6.52% or 13.10 points to trade at 214.15 at the close. Meanwhile, Vedanta Ltd (NS:VDAN) added 5.56% or 15.25 points to end at 289.90 and State Bank Of India (NS:SBI) was up 5.46% or 13.50 points to 259.30 in late trade.

The worst performers of the session were Cipla Ltd. (NS:CIPL), which fell 1.72% or 9.80 points to trade at 560.35 at the close. Bosch Ltd (NS:BOSH) declined 0.94% or 185.40 points to end at 19538.90 and Bharti Airtel Ltd. (NS:BRTI) was down 0.27% or 1.05 points to 393.90.

The top performers on the BSE Sensex 30 were State Bank Of India (BO:SBI) which rose 4.66% to 258.40, Tata Motors Ltd DVR (BO:TAMdv) which was up 3.95% to settle at 206.75 and Tata Steel Ltd (BO:TISC) which gained 3.67% to close at 581.00.

The worst performers were Power Grid Corporation of India Ltd (BO:PGRD) which was down 0.15% to 195.80 in late trade, Bharti Airtel Ltd (BO:BRTI) which lost 0.14% to settle at 393.95 and ITC Ltd (BO:ITC) which was up 0.33% to 259.50 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1404 to 211 and 27 ended unchanged; on the Bombay Stock Exchange, 2020 rose and 601 declined, while 121 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 9.44% to 14.7975.

Gold Futures for June delivery was down 0.55% or 7.40 to $1332.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.32% or 0.20 to hit $63.17 a barrel, while the June Brent oil contract fell 0.21% or 0.14 to trade at $67.88 a barrel.

USD/INR was down 0.04% to 64.995, while EUR/INR fell 0.08% to 79.7986.

The US Dollar Index Futures was up 0.10% at 89.87.

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