India shares higher at close of trade; Nifty 50 up 0.87%

  • Stock Market News
India shares higher at close of trade; Nifty 50 up 0.87%
Credit: © Reuters. – India equities were higher at the close on Friday, as gains in the Metals , Consumer Durables and Auto sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 0.87%, while the BSE Sensex 30 index gained 0.80%.

The biggest gainers of the session on the Nifty 50 were Hindalco Industries Ltd. (NS: HALC ), which rose 5.58% or 25.10 points to trade at 474.75 at the close. Titan Company Ltd (NS: TITN ) added 3.49% or 85.10 points to end at 2522.40 and UltraTech Cement Ltd (NS: ULTC ) was up 2.62% or 193.85 points to 7591.05 in late trade.

Biggest losers included NTPC Ltd (NS: NTPC ), which lost 1.97% or 2.50 points to trade at 124.40 in late trade. Cipla Ltd. (NS: CIPL ) declined 0.91% or 8.65 points to end at 944.10 and Tech Mahindra Ltd (NS: TEML ) shed 0.52% or 9.40 points to 1790.55.

The top performers on the BSE Sensex 30 were Titan Company Ltd (BO: TITN ) which rose 3.50% to 2521.85, UltraTech Cement Ltd (BO: ULTC ) which was up 2.62% to settle at 7591.95 and Kotak Mahindra Bank Ltd. (BO: KTKM ) which gained 2.36% to close at 1796.30.

The worst performers were NTPC Ltd (BO: NTPC ) which was down 1.97% to 124.40 in late trade, Tech Mahindra Ltd (BO: TEML ) which lost 0.56% to settle at 1790.55 and Power Grid Corporation of India Ltd (BO: PGRD ) which was down 0.41% to 204.50 at the close.

Advancing stocks outnumbered falling ones by 1300 to 498 and 27 ended unchanged; on the Bombay Stock Exchange, 2343 rose and 934 declined, while 89 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 2.07% to 16.2225.

In commodities trading, Gold Futures for February delivery was up 0.35% or 6.30 to $1820.40 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.90% or 0.69 to hit $76.30 a barrel, while the March Brent oil contract fell 0.78% or 0.62 to trade at $78.91 a barrel.

USD/INR was down 0.11% to 74.320, while EUR/INR fell 0.06% to 84.1820.

The US Dollar Index Futures was down 0.00% at 95.960.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or