Stock Market News

India stocks higher at close of trade; Nifty 50 up 0.24%

2023.03.27 07:07


© Reuters. India stocks higher at close of trade; Nifty 50 up 0.24%

Investing.com – India stocks were higher after the close on Monday, as gains in the , and sectors led shares higher.

At the close in NSE, the gained 0.24%, while the index added 0.22%.

The best performers of the session on the were Grasim Industries Ltd (NS:), which rose 1.86% or 29.60 points to trade at 1,623.90 at the close. Meanwhile, Reliance Industries Ltd (NS:) added 1.55% or 34.25 points to end at 2,237.55 and Cipla Ltd. (NS:) was up 1.37% or 12.05 points to 889.30 in late trade.

The worst performers of the session were Adani Ports and Special Economic Zone Ltd (NS:), which fell 1.75% or 11.15 points to trade at 626.85 at the close. SBI Life Insurance Company Ltd (NS:) declined 1.16% or 12.90 points to end at 1,099.30 and Power Grid Corporation of India Ltd (NS:) was down 1.12% or 2.50 points to 219.90.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:) which rose 1.54% to 2,237.50, Sun Pharmaceutical Industries Ltd. (BO:) which was up 1.15% to settle at 983.95 and Maruti Suzuki India Ltd. (BO:) which gained 0.96% to close at 8,315.00.

The worst performers were Power Grid Corporation of India Ltd (BO:) which was down 1.06% to 220.10 in late trade, Bajaj Finance Ltd (BO:) which lost 1.02% to settle at 5,592.85 and Mahindra & Mahindra Ltd. (BO:) which was down 0.93% to 1,139.55 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1592 to 375 and 42 ended unchanged; on the Bombay Stock Exchange, 2649 fell and 866 advanced, while 144 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was up 1.35% to 15.44.

Gold Futures for June delivery was down 1.65% or 33.05 to $1,968.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 1.20% or 0.83 to hit $70.09 a barrel, while the June Brent oil contract rose 1.14% or 0.85 to trade at $75.44 a barrel.

USD/INR was up 0.03% to 82.37, while EUR/INR rose 0.12% to 88.69.

The US Dollar Index Futures was up 0.01% at 102.78.

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