India stocks higher at close of trade; Nifty 50 up 1.18%
2022.04.01 13:59
India stocks higher at close of trade; Nifty 50 up 1.18%
Investing.com – India stocks were higher after the close on Friday, as gains in the Public Sector Undertakings, Power and Oil & Gas sectors led shares higher.
At the close in NSE, the Nifty 50 gained 1.18% to hit a new 1-month high, while the BSE Sensex 30 index added 1.21%.
The best performers of the session on the Nifty 50 were NTPC Ltd (NS:NTPC), which rose 5.78% or 7.80 points to trade at 142.80 at the close. Meanwhile, Bharat Petroleum Corp. Ltd. (NS:BPCL) added 4.19% or 15.05 points to end at 374.40 and Power Grid Corporation of India Ltd (NS:PGRD) was up 3.81% or 8.25 points to 225.05 in late trade.
The worst performers of the session were Hero MotoCorp Ltd (NS:HROM), which fell 2.35% or 54.00 points to trade at 2,240.15 at the close. Tech Mahindra Ltd (NS:TEML) declined 0.82% or 12.35 points to end at 1,487.10 and Sun Pharmaceutical Industries Ltd. (NS:SUN) was down 0.66% or 6.05 points to 908.70.
The top performers on the BSE Sensex 30 were NTPC Ltd (BO:NTPC) which rose 5.93% to 142.95, Power Grid Corporation of India Ltd (BO:PGRD) which was up 3.74% to settle at 224.95 and IndusInd Bank Ltd. (BO:INBK) which gained 3.20% to close at 965.00.
The worst performers were Tech Mahindra Ltd (BO:TEML) which was down 0.80% to 1,487.35 in late trade, Sun Pharmaceutical Industries Ltd. (BO:SUN) which lost 0.72% to settle at 908.25 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 0.59% to 4,280.05 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 1581 to 252 and 19 ended unchanged; on the Bombay Stock Exchange, 2632 rose and 647 declined, while 101 ended unchanged.
Shares in Power Grid Corporation of India Ltd (NS:PGRD) rose to 3-years highs; rising 3.81% or 8.25 to 225.05. Shares in Power Grid Corporation of India Ltd (BO:PGRD) rose to 3-years highs; rising 3.74% or 8.10 to 224.95.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 10.34% to 18.43 a new 1-month low.
Gold Futures for April delivery was down 0.83% or 16.10 to $1,933.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.11% or 0.11 to hit $100.39 a barrel, while the June Brent oil contract rose 0.42% or 0.44 to trade at $105.15 a barrel.
USD/INR was up 0.10% to 75.99, while EUR/INR rose 0.05% to 84.03.
The US Dollar Index Futures was up 0.12% at 98.48.
