India stocks higher at close of trade; Nifty 50 up 0.73%
The best performers of the session on the Nifty 50 were UPL Ltd (NS:UPLL), which rose 4.44% or 20.25 points to trade at 475.95 at the close. Meanwhile, Zee Entertainment Enterprises Ltd. (NS:ZEE) added 4.33% or 8.95 points to end at 215.80 and Adani Port and Special Economic Zone Ltd (NS:APSE) was up 3.92% or 17.80 points to 471.50 in late trade.
The worst performers of the session were Nestle India Ltd (NS:NEST), which fell 1.49% or 266.15 points to trade at 17562.55 at the close. Kotak Mahindra Bank Ltd. (NS:KTKM) declined 1.39% or 25.70 points to end at 1820.55 and JSW Steel Ltd (NS:JSTL) was down 1.32% or 4.90 points to 365.50.
The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 3.05% to 508.95, Hindustan Unilever Ltd. (BO:HLL) which was up 2.95% to settle at 2252.80 and Housing Development Finance Corporation Ltd (BO:HDFC) which gained 2.60% to close at 2304.45.
The worst performers were Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 1.39% to 1820.30 in late trade, Nestle India Ltd (BO:NEST) which lost 1.36% to settle at 17583.90 and Tata Steel Ltd (BO:TISC) which was down 1.14% to 615.50 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 1227 to 443 and 52 ended unchanged; on the Bombay Stock Exchange, 1947 rose and 910 declined, while 177 ended unchanged.
Shares in Adani Port and Special Economic Zone Ltd (NS:APSE) rose to all time highs; rising 3.92% or 17.80 to 471.50.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.01% to 18.0250.
Gold Futures for February delivery was down 0.25% or 4.60 to $1835.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.86% or 0.40 to hit $45.86 a barrel, while the February Brent oil contract fell 0.75% or 0.37 to trade at $48.88 a barrel.
USD/INR was up 0.15% to 73.867, while EUR/INR fell 0.10% to 89.4090.
The US Dollar Index Futures was up 0.39% at 91.052.Leave a comment