India shares higher at close of trade; Nifty 50 up 1.37%

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India shares higher at close of trade; Nifty 50 up 1.37%

Investing.com – India equities were higher at the close on Thursday, as gains in the Power , IT and Technology sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 1.37%, while the BSE Sensex 30 index gained 1.35%.

The biggest gainers of the session on the Nifty 50 were Adani Ports and Special Economic Zone Ltd (NS: APSE ), which rose 4.40% or 31.15 points to trade at 739.10 at the close. Housing Development Finance Corporation Ltd (NS: HDFC ) added 3.85% or 104.15 points to end at 2807.80 and Power Grid Corporation of India Ltd (NS: PGRD ) was up 3.52% or 7.30 points to 214.50 in late trade.

Biggest losers included Cipla Ltd. (NS: CIPL ), which lost 0.74% or 6.90 points to trade at 921.25 in late trade. ICICI Bank Ltd (NS: ICBK ) declined 0.73% or 5.30 points to end at 722.40 and AXIS Bank Ltd (NS: AXBK ) shed 0.52% or 3.50 points to 676.10.

The top performers on the BSE Sensex 30 were Housing Development Finance Corporation Ltd (BO: HDFC ) which rose 3.92% to 2809.15, Power Grid Corporation of India Ltd (BO: PGRD ) which was up 3.65% to settle at 214.65 and Sun Pharmaceutical Industries Ltd. (BO: SUN ) which gained 3.11% to close at 768.55.

The worst performers were ICICI Bank Ltd (BO: ICBK ) which was down 0.78% to 722.55 in late trade, AXIS Bank Ltd. (BO: AXBK ) which lost 0.55% to settle at 676.05 and UltraTech Cement Ltd (BO: ULTC ) which was down 0.03% to 7322.25 at the close.

Advancing stocks outnumbered falling ones by 1288 to 476 and 46 ended unchanged; on the Bombay Stock Exchange, 2111 rose and 1042 declined, while 143 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 6.99% to 18.0875.

In commodities trading, Gold Futures for February delivery was down 0.54% or 9.65 to $1774.65 a troy ounce. Meanwhile, Crude oil for delivery in January rose 2.06% or 1.35 to hit $66.92 a barrel, while the February Brent oil contract rose 1.99% or 1.37 to trade at $70.24 a barrel.

USD/INR was down 0.02% to 74.990, while EUR/INR rose 0.07% to 84.9555.

The US Dollar Index Futures was down 0.06% at 95.970.

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