India stocks higher at close of trade; Nifty 50 up 2.17%
2022.04.04 13:58
India stocks higher at close of trade; Nifty 50 up 2.17%
Investing.com – India stocks were higher after the close on Monday, as gains in the Banking, Power and Carbon sectors led shares higher.
At the close in NSE, the Nifty 50 added 2.17% to hit a new 1-month high, while the BSE Sensex 30 index added 2.25%.
The best performers of the session on the Nifty 50 were HDFC Bank Ltd (NS:HDBK), which rose 10.01% or 150.80 points to trade at 1,656.80 at the close. Meanwhile, Housing Development Finance Corporation Ltd (NS:HDFC) added 9.29% or 227.75 points to end at 2,680.05 and Adani Ports and Special Economic Zone Ltd (NS:APSE) was up 4.17% or 32.80 points to 818.55 in late trade.
The worst performers of the session were Infosys Ltd (NS:INFY), which fell 1.08% or 20.60 points to trade at 1,882.95 at the close. Tata Consumer Products Ltd (NS:TACN) declined 0.22% or 1.70 points to end at 788.10 and Titan Company Ltd (NS:TITN) was down 0.15% or 3.85 points to 2,517.00.
The top performers on the BSE Sensex 30 were HDFC Bank Ltd (BO:HDBK) which rose 9.97% to 1,656.45, Housing Development Finance Corporation Ltd (BO:HDFC) which was up 9.30% to settle at 2,678.90 and Kotak Mahindra Bank Ltd. (BO:KTKM) which gained 3.32% to close at 1,835.65.
The worst performers were Infosys Ltd (BO:INFY) which was down 1.05% to 1,882.45 in late trade, Titan Company Ltd (BO:TITN) which lost 0.20% to settle at 2,516.50 and Asian Paints Ltd. (BO:ASPN) which was up 0.08% to 3,116.15 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 1501 to 342 and 35 ended unchanged; on the Bombay Stock Exchange, 2583 rose and 832 declined, while 138 ended unchanged.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.86% to 17.91 a new 1-month low.
Gold Futures for June delivery was up 0.24% or 4.70 to $1,928.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.11% or 0.11 to hit $99.38 a barrel, while the June Brent oil contract fell 0.04% or 0.04 to trade at $104.35 a barrel.
USD/INR was down 0.59% to 75.55, while EUR/INR fell 1.01% to 83.12.
The US Dollar Index Futures was up 0.22% at 98.85.
