India stocks higher at close of trade; Nifty 50 up 0.92%
2022.06.24 14:02
India stocks higher at close of trade; Nifty 50 up 0.92%
Investing.com – India stocks were higher after the close on Friday, as gains in the Auto, Power and Consumer Durables sectors led shares higher.
At the close in NSE, the Nifty 50 gained 0.92%, while the BSE Sensex 30 index climbed 0.88%.
The best performers of the session on the Nifty 50 were Mahindra & Mahindra Ltd. (NS:MAHM), which rose 4.36% or 44.80 points to trade at 1,072.50 at the close. Meanwhile, Hero MotoCorp Ltd (NS:HROM) added 2.84% or 75.90 points to end at 2,750.00 and IndusInd Bank Ltd. (NS:INBK) was up 2.75% or 21.55 points to 806.50 in late trade.
The worst performers of the session were Tech Mahindra Ltd (NS:TEML), which fell 1.00% or 9.90 points to trade at 981.20 at the close. Infosys Ltd (NS:INFY) declined 0.78% or 11.35 points to end at 1,441.10 and Tata Consultancy Services Ltd. (NS:TCS) was down 0.47% or 15.70 points to 3,293.10.
The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:MAHM) which rose 4.28% to 1,072.05, IndusInd Bank Ltd. (BO:INBK) which was up 2.59% to settle at 807.00 and Bajaj Finance Ltd (BO:BJFN) which gained 2.58% to close at 5,588.00.
The worst performers were Tech Mahindra Ltd (BO:TEML) which was down 1.03% to 980.95 in late trade, Infosys Ltd (BO:INFY) which lost 0.77% to settle at 1,442.05 and HCL Technologies Ltd (BO:HCLT) which was down 0.50% to 966.55 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 1472 to 360 and 42 ended unchanged; on the Bombay Stock Exchange, 2305 rose and 887 declined, while 140 ended unchanged.
Shares in Mahindra & Mahindra Ltd. (NS:MAHM) rose to all time highs; rising 4.36% or 44.80 to 1,072.50. Shares in Mahindra & Mahindra Ltd. (BO:MAHM) rose to all time highs; rising 4.28% or 44.00 to 1,072.05.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.58% to 20.55.
Gold Futures for August delivery was down 0.04% or 0.65 to $1,829.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 1.58% or 1.65 to hit $105.92 a barrel, while the August Brent oil contract rose 1.49% or 1.64 to trade at $111.69 a barrel.
USD/INR was up 0.22% to 78.32, while EUR/INR rose 0.39% to 82.56.
The US Dollar Index Futures was down 0.18% at 104.00.
