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India stocks higher at close of trade; S&P CNX Nifty up 1.95%

Published 08/14/2015, 06:45 AM
© Reuters.  India stocks higher at close of trade; S&P CNX Nifty up 1.95%
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Investing.com – India stocks were higher after the close on Friday, as gains in the Real Estate, Banking and Auto sectors led shares higher.

At the close in NSE, the S&P CNX Nifty gained 1.95%, while the BSE Sensex 30 index gained 1.88%.

The best performers of the session on the S&P CNX Nifty were Punjab National Bank (NSE:PNBK), which rose 8.77% or 13.40 points to trade at 166.25 at the close. Meanwhile, Zee Entertainment Enterprises Ltd. (NSE:ZEE) added 4.74% or 19.00 points to end at 419.80 and Yes Bank Ltd. (NSE:YESB) was up 4.55% or 34.65 points to 796.80 in late trade.

The worst performers of the session were Bharat Petroleum Corp. Ltd. (NSE:BPCL), which fell 1.30% or 11.50 points to trade at 873.75 at the close. Dr. Reddy's Laboratories Ltd. (NSE:REDY) declined 0.79% or 34.00 points to end at 4257.75 and Infosys Ltd (NSE:INFY) was down 0.76% or 8.75 points to 1149.25.

The top performers on the BSE Sensex 30 were Vedanta Ltd (BO:VDAN) which rose 3.73% to 107.20, ICICI Bank Ltd. (BO:ICBK) which was up 3.58% to settle at 302.30 and State Bank Of India (BO:SBI) which gained 3.49% to close at 268.45.

The worst performers were Dr. Reddy's Laboratories Ltd. (BO:REDY) which was down 0.75% to 4258.05 in late trade, Infosys Ltd (BO:INFY) which lost 0.68% to settle at 1149.00 and Coal India Limited (BO:COAL) which was up 0.09% to 377.45 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1029 to 404 and 7 ended unchanged; on the Bombay Stock Exchange, 562 rose and 190 declined, while 4 ended unchanged.

Shares in Zee Entertainment Enterprises Ltd. (NSE:ZEE) rose to all time highs; gaining 4.74% or 19.00 to 419.80.

The India Vix, which measures the implied volatility of S&P CNX Nifty options, was down 5.86% to 16.0200.

Gold for December delivery was up 0.23% or 2.60 to $1118.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.27% or 0.12 to hit $42.12 a barrel, while the October Brent oil contract fell 0.18% or 0.09 to trade at $49.54 a barrel.

USD/INR was down 0.39% to 64.950, while EUR/INR fell 0.16% to 72.5910.

The US Dollar Index was down 0.13% at 96.23.

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