Stock Market News

India stocks higher at close of trade; Nifty 50 up 0.16%

2022.08.24 13:53

India stocks higher at close of trade; Nifty 50 up 0.16%
India stocks higher at close of trade; Nifty 50 up 0.16%

Investing.com – India stocks were higher after the close on Wednesday, as gains in the Real Estate, Capital Goods and Banking sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.16%, while the BSE Sensex 30 index gained 0.09%.

The best performers of the session on the Nifty 50 were Apollo Hospitals Enterprises Ltd. (NS:APLH), which rose 3.43% or 139.80 points to trade at 4,210.75 at the close. Meanwhile, IndusInd Bank Ltd. (NS:INBK) added 2.89% or 30.95 points to end at 1,102.00 and Oil And Natural Gas Corporation Ltd (NS:ONGC) was up 1.68% or 2.25 points to 136.00 in late trade.

The worst performers of the session were Bharat Petroleum Corp. Ltd. (NS:BPCL), which fell 1.24% or 4.15 points to trade at 329.55 at the close. Divi’s Laboratories Ltd. (NS:DIVI) declined 1.01% or 35.65 points to end at 3,496.65 and Tata Steel Ltd (NS:TISC) was down 0.98% or 1.05 points to 106.55.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 2.86% to 1,101.60, NTPC Ltd (BO:NTPC) which was up 1.29% to settle at 160.40 and Larsen & Toubro Ltd (BO:LART) which gained 0.92% to close at 1,893.30.

The worst performers were Tata Steel Ltd (BO:TISC) which was down 0.93% to 106.55 in late trade, Tata Consultancy Services Ltd. (BO:TCS) which lost 0.86% to settle at 3,255.35 and Titan Company Ltd (BO:TITN) which was down 0.80% to 2,460.35 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1173 to 629 and 73 ended unchanged; on the Bombay Stock Exchange, 2034 rose and 1242 declined, while 137 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.25% to 18.43.

Gold Futures for December delivery was down 0.15% or 2.65 to $1,758.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.63% or 0.59 to hit $94.33 a barrel, while the October Brent oil contract rose 0.56% or 0.56 to trade at $100.78 a barrel.

USD/INR was down 0.01% to 79.84, while EUR/INR fell 0.44% to 79.24.

The US Dollar Index Futures was up 0.25% at 108.82.

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