India stocks higher at close of trade; Nifty 50 up 0.10%
Investing.com
Published May 29, 2017 06:45AM ET
India stocks higher at close of trade; Nifty 50 up 0.10%
Investing.com – India stocks were higher after the close on Monday, as gains in the Fast Moving Consumer Goods, Auto and Consumer Durables sectors led shares higher.
At the close in NSE, the Nifty 50 gained 0.10% to hit a new all time high, while the BSE Sensex 30 index climbed 0.26%.
The best performers of the session on the Nifty 50 were POWER GRID CORPORATION OF INDIA (NS:PGRD), which rose 3.41% or 6.90 points to trade at 209.10 at the close. Meanwhile, Cipla Ltd. (NS:CIPL) added 3.36% or 16.45 points to end at 505.35 and Housing Development Finance Corp. (NS:HDFC) was up 3.29% or 50.95 points to 1598.85 in late trade.
The worst performers of the session were Tech Mahindra Limited (NS:TEML), which fell 11.58% or 49.70 points to trade at 379.45 at the close. Sun Pharmaceutical Industries Ltd. (NS:SUN) declined 11.46% or 65.05 points to end at 502.60 and Adani Ports & Special Economic Zone (NS:APSE) was down 5.80% or 20.20 points to 327.80.
The top performers on the BSE Sensex 30 were Housing Development Finance Corp. (BO:HDFC) which rose 3.29% to 1598.80, Hindustan Unilever Ltd. (BO:HLL) which was up 3.07% to settle at 1072.70 and POWER GRID CORPORATION OF INDIA (BO:PGRD) which gained 2.76% to close at 208.45.
The worst performers were Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 11.56% to 502.85 in late trade, Adani Ports & Special Economic Zone (BO:APSE) which lost 5.38% to settle at 328.30 and ICICI Bank Ltd (BO:ICBK) which was down 2.16% to 314.70 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1151 to 413 and 9 ended unchanged; on the Bombay Stock Exchange, 1777 fell and 837 advanced, while 154 ended unchanged.
Shares in Tech Mahindra Limited (NS:TEML) fell to 3-years lows; down 11.58% or 49.70 to 379.45. Shares in Sun Pharmaceutical Industries Ltd. (NS:SUN) fell to 3-years lows; down 11.46% or 65.05 to 502.60. Shares in Housing Development Finance Corp. (NS:HDFC) rose to all time highs; up 3.29% or 50.95 to 1598.85. Shares in Housing Development Finance Corp. (BO:HDFC) rose to all time highs; up 3.29% or 50.95 to 1598.80. Shares in Sun Pharmaceutical Industries Ltd. (BO:SUN) fell to 3-years lows; losing 11.56% or 65.70 to 502.85. Shares in Hindustan Unilever Ltd. (BO:HLL) rose to all time highs; gaining 3.07% or 32.00 to 1072.70.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 8.52% to 11.7875.
Gold Futures for June delivery was down 0.06% or 0.81 to $1267.29 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.52% or 0.26 to hit $49.54 a barrel, while the August Brent oil contract fell 0.51% or 0.27 to trade at $52.24 a barrel.
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USD/INR was down 0.08% to 64.487, while EUR/INR fell 0.03% to 72.1208.
The US Dollar Index Futures was down 0.05% at 97.28.
Written By: Investing.com
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