India stocks higher at close of trade; Nifty 50 up 0.71%
2022.08.11 14:14
India stocks higher at close of trade; Nifty 50 up 0.71%
Investing.com – India stocks were higher after the close on Thursday, as gains in the Banking, IT and Consumer Durables sectors led shares higher.
At the close in NSE, the Nifty 50 gained 0.71% to hit a new 3-months high, while the BSE Sensex 30 index gained 0.88%.
The best performers of the session on the Nifty 50 were AXIS Bank Ltd (NS:AXBK), which rose 2.69% or 19.85 points to trade at 758.85 at the close. Meanwhile, Bajaj Finance Ltd (NS:BJFN) added 2.37% or 169.55 points to end at 7,318.95 and Housing Development Finance Corporation Ltd (NS:HDFC) was up 2.36% or 56.55 points to 2,454.85 in late trade.
The worst performers of the session were Tata Consumer Products Ltd (NS:TACN), which fell 2.16% or 17.10 points to trade at 773.45 at the close. Apollo Hospitals Enterprises Ltd. (NS:APLH) declined 1.94% or 87.50 points to end at 4,429.65 and ITC Ltd (NS:ITC) was down 1.59% or 4.95 points to 306.25.
The top performers on the BSE Sensex 30 were AXIS Bank Ltd. (BO:AXBK) which rose 2.75% to 759.20, Bajaj Finance Ltd (BO:BJFN) which was up 2.36% to settle at 7,316.25 and Housing Development Finance Corporation Ltd (BO:HDFC) which gained 2.32% to close at 2,453.60.
The worst performers were ITC Ltd (BO:ITC) which was down 1.56% to 306.30 in late trade, NTPC Ltd (BO:NTPC) which lost 1.38% to settle at 153.55 and Hindustan Unilever Ltd. (BO:HLL) which was down 1.04% to 2,612.35 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 957 to 873 and 44 ended unchanged; on the Bombay Stock Exchange, 1741 rose and 1521 declined, while 137 ended unchanged.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 6.29% to 18.35.
Gold Futures for December delivery was down 0.43% or 7.85 to $1,805.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.83% or 0.76 to hit $92.69 a barrel, while the October Brent oil contract rose 0.79% or 0.77 to trade at $98.17 a barrel.
USD/INR was up 0.64% to 79.60, while EUR/INR rose 1.00% to 82.26.
The US Dollar Index Futures was down 0.19% at 104.88.
