2 months ago
Stock Market

India stocks higher at close of trade; Nifty 50 up 0.47%

Investing.com – India stocks were higher after the close on Thursday, as gains in the IT, Technology and Fast Moving

Investing.com – India stocks were higher after the close on Thursday, as gains in the IT, Technology and Fast Moving Consumer Goods sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.47%, while the BSE Sensex 30 index gained 0.44%.

The best performers of the session on the Nifty 50 were Tech Mahindra Ltd (NS:TEML), which rose 2.21% or 15.35 points to trade at 708.90 at the close. Meanwhile, Oil And Natural Gas Corporation Ltd (NS:ONGC) added 1.43% or 2.10 points to end at 149.70 and Zee Entertainment Enterprises Ltd. (NS:ZEE) was up 2.03% or 9.25 points to 464.40 in late trade.

The worst performers of the session were Tata Motors Ltd (NS:TAMO), which fell 1.67% or 2.85 points to trade at 168.25 at the close. Hero MotoCorp Ltd (NS:HROM) declined 1.46% or 46.20 points to end at 3128.80 and Tata Steel Ltd (NS:TISC) was down 1.35% or 6.95 points to 506.50.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 2.10% to 1120.00, Infosys Ltd (BO:INFY) which was up 1.98% to settle at 657.35 and NTPC Ltd (BO:NTPC) which gained 1.68% to close at 148.00.

The worst performers were Tata Motors Ltd DVR (BO:TAMdv) which was down 2.09% to 91.15 in late trade, Hero MotoCorp Ltd (BO:HROM) which lost 1.85% to settle at 3127.00 and Bharti Airtel Ltd (BO:BRTI) which was down 1.51% to 316.35 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 839 to 732 and 67 ended unchanged; on the Bombay Stock Exchange, 1265 rose and 1207 declined, while 179 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.96% to 16.0725.

Gold Futures for February delivery was up 0.37% or 4.70 to $1274.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 2.49% or 1.16 to hit $45.45 a barrel, while the March Brent oil contract fell 2.75% or 1.52 to trade at $53.77 a barrel.

USD/INR was up 0.21% to 70.325, while EUR/INR rose 0.34% to 80.1855.

The US Dollar Index Futures was down 0.32% at 96.270.