India stocks higher at close of trade; Nifty 50 up 1.43%
2022.07.18 13:54
India stocks higher at close of trade; Nifty 50 up 1.43%
Investing.com – India stocks were higher after the close on Monday, as gains in the IT, Technology and Metals sectors led shares higher.
At the close in NSE, the Nifty 50 rose 1.43% to hit a new 1-month high, while the BSE Sensex 30 index climbed 1.41%.
The best performers of the session on the Nifty 50 were Hindalco Industries Ltd. (NS:HALC), which rose 4.72% or 16.55 points to trade at 367.10 at the close. Meanwhile, IndusInd Bank Ltd. (NS:INBK) added 4.29% or 34.95 points to end at 850.00 and Infosys Ltd (NS:INFY) was up 4.16% or 59.55 points to 1,489.90 in late trade.
The worst performers of the session were Britannia Industries Ltd (NS:BRIT), which fell 1.92% or 73.95 points to trade at 3,774.95 at the close. Dr. Reddy’s Laboratories Ltd (NS:REDY) declined 1.76% or 79.90 points to end at 4,466.10 and HDFC Bank Ltd (NS:HDBK) was down 1.06% or 14.50 points to 1,347.55.
The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 4.36% to 850.70, Infosys Ltd (BO:INFY) which was up 4.16% to settle at 1,490.05 and Tech Mahindra Ltd (BO:TEML) which gained 3.72% to close at 1,010.50.
The worst performers were Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 1.70% to 4,465.70 in late trade, HDFC Bank Ltd (BO:HDBK) which lost 1.19% to settle at 1,347.65 and Mahindra & Mahindra Ltd. (BO:MAHM) which was down 0.86% to 1,163.05 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 1368 to 476 and 61 ended unchanged; on the Bombay Stock Exchange, 2249 rose and 1074 declined, while 161 ended unchanged.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.49% to 17.16 a new 6-months low.
Gold Futures for August delivery was up 0.62% or 10.60 to $1,714.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.86% or 1.76 to hit $96.33 a barrel, while the September Brent oil contract rose 2.06% or 2.08 to trade at $103.24 a barrel.
USD/INR was up 0.21% to 79.96, while EUR/INR rose 0.92% to 81.19.
The US Dollar Index Futures was down 0.65% at 107.21.
