Tuesday, 29 November 2016

India stocks higher at close of trade; Nifty 50 up 0.19%

Investing.com – India stocks were higher after the close on Tuesday, as gains in the Auto, Consumer Durables and Green Energy sectors led shares higher.
At the close in NSE, the Nifty 50 rose 0.19%, while the BSE Sensex 30 index climbed 0.17%.
The best performers of the session on the Nifty 50 were Eicher Motors Ltd. (NS:EICH), which rose 5.18% or 1046.25 points to trade at 21260.15 at the close. Meanwhile, Idea Cellular Ltd (NS:IDEA) added 4.88% or 3.70 points to end at 79.50 and Bosch Ltd (NS:BOSH) was up 4.50% or 872.45 points to 20280.00 in late trade.

The worst performers of the session were Hindalco Industries Ltd. (NS:HALC), which fell 1.74% or 3.10 points to trade at 175.55 at the close. AXIS Bank Ltd. (NS:AXBK) declined 1.52% or 7.20 points to end at 465.70 and Sun Pharmaceutical Industries Ltd. (NS:SUN) was down 1.25% or 8.95 points to 706.20.
The top performers on the BSE Sensex 30 were Maruti Suzuki India Ltd. (BO:MRTI) which rose 3.96% to 5090.85, Asian Paints Ltd. (BO:ASPN) which was up 2.17% to settle at 958.40 and Bharti Airtel Ltd (BO:BRTI) which gained 2.11% to close at 324.20.

The worst performers were AXIS Bank Ltd. (BO:AXBK) which was down 1.59% to 465.30 in late trade, Sun Pharmaceutical Industries Ltd. (BO:SUN) which lost 1.05% to settle at 706.30 and ITC Ltd (BO:ITC) which was down 0.99% to 231.20 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 951 to 531 and 46 ended unchanged; on the Bombay Stock Exchange, 1545 rose and 1009 declined, while 192 ended unchanged.

The India Vix, which measures the implied volatility of Nifty 50 options, was down 1.92% to 17.7075.
Gold for December delivery was down 0.40% or 4.80 to $1186.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.87% or 0.88 to hit $46.20 a barrel, while the February Brent oil contract fell 1.85% or 0.91 to trade at $48.30 a barrel.
USD/INR was up 0.12% to 68.660, while EUR/INR fell 0.06% to 72.7470.
The US Dollar Index was up 0.19% at 101.40.

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