India shares higher at close of trade; Nifty 50 up 0.89%

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India shares higher at close of trade; Nifty 50 up 0.89%
Credit: © Reuters. – India equities were higher at the close on Thursday, as gains in the Metals , Consumer Durables and Real Estate sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 0.89%, while the BSE Sensex 30 index added 0.80%.

The biggest gainers of the session on the Nifty 50 were Hindalco Industries Ltd. (NS: HALC ), which rose 6.07% or 20.70 points to trade at 361.65 at the close. Titan Company Ltd (NS: TITN ) added 5.66% or 113.95 points to end at 2,127.50 and Tata Steel Ltd (NS: TISC ) was up 4.88% or 41.85 points to 900.00 in late trade.

Biggest losers included Dr. Reddy’s Laboratories Ltd (NS: REDY ), which lost 1.25% or 55.00 points to trade at 4,335.00 in late trade. Nestle India Ltd (NS: NEST ) declined 1.13% or 208.45 points to end at 18,180.20 and Cipla Ltd. (NS: CIPL ) shed 1.09% or 10.35 points to 935.25.

The top performers on the BSE Sensex 30 were Titan Company Ltd (BO: TITN ) which rose 5.69% to 2,128.00, Tata Steel Ltd (BO: TISC ) which was up 4.88% to settle at 900.30 and Larsen & Toubro Ltd (BO: LART ) which gained 3.52% to close at 1,611.30.

The worst performers were Dr. Reddy’s Laboratories Ltd (BO: REDY ) which was down 1.26% to 4,338.35 in late trade, Nestle India Ltd (BO: NEST ) which lost 1.14% to settle at 18,187.00 and Bharti Airtel Ltd (BO: BRTI ) which was down 1.05% to 686.65 at the close.

Advancing stocks outnumbered falling ones by 1319 to 500 and 52 ended unchanged; on the Bombay Stock Exchange, 2173 rose and 998 declined, while 147 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 5.25% to 19.20 a new 1-month low.

In commodities trading, Gold Futures for August delivery was up 0.24% or 4.10 to $1,740.60 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.73% or 0.72 to hit $99.25 a barrel, while the September Brent oil contract rose 0.63% or 0.63 to trade at $101.32 a barrel.

USD/INR was up 0.13% to 79.15, while EUR/INR rose 0.32% to 80.69.

The US Dollar Index Futures was down 0.19% at 106.69.

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