Stock Market News

India stocks higher at close of trade; Nifty 50 up 0.85%

2022.06.27 13:45

India stocks higher at close of trade; Nifty 50 up 0.85%
India stocks higher at close of trade; Nifty 50 up 0.85%

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

At the close in NSE, the Nifty 50 added 0.85%, while the BSE Sensex 30 index climbed 0.82%.

The best performers of the session on the Nifty 50 were Coal India Ltd (NS:COAL), which rose 3.12% or 5.50 points to trade at 182.05 at the close. Meanwhile, Oil And Natural Gas Corporation Ltd (NS:ONGC) added 3.02% or 4.15 points to end at 141.50 and Larsen & Toubro Ltd (NS:LART) was up 2.74% or 40.95 points to 1,535.80 in late trade.

The worst performers of the session were Apollo Hospitals Enterprises Ltd. (NS:APLH), which fell 1.14% or 43.90 points to trade at 3,794.50 at the close. Eicher Motors Ltd. (NS:EICH) declined 1.03% or 29.60 points to end at 2,848.30 and HDFC Life Insurance Company Ltd (NS:HDFL) was down 0.45% or 2.55 points to 558.90.

The top performers on the BSE Sensex 30 were Larsen & Toubro Ltd (BO:LART) which rose 2.69% to 1,535.60, Tech Mahindra Ltd (BO:TEML) which was up 2.67% to settle at 1,007.15 and HCL Technologies Ltd (BO:HCLT) which gained 2.61% to close at 991.80.

The worst performers were Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 0.41% to 1,690.80 in late trade, Reliance Industries Ltd (BO:RELI) which lost 0.35% to settle at 2,491.95 and Titan Company Ltd (BO:TITN) which was down 0.07% to 2,044.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1392 to 450 and 54 ended unchanged; on the Bombay Stock Exchange, 2292 rose and 1015 declined, while 150 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.21% to 21.00.

Gold Futures for August delivery was up 0.58% or 10.65 to $1,840.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.27% or 0.29 to hit $107.91 a barrel, while the September Brent oil contract rose 0.48% or 0.52 to trade at $109.62 a barrel.

USD/INR was up 0.18% to 78.39, while EUR/INR rose 0.54% to 83.01.

The US Dollar Index Futures was down 0.26% at 103.69.

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