Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

India stocks higher at close of trade; Nifty 50 up 0.01%

Published 08/26/2021, 06:45 AM
Updated 08/26/2021, 06:45 AM
© Reuters India stocks higher at close of trade; Nifty 50 up 0.01%

Investing.com – India stocks were higher after the close on Thursday, as gains in the Power, Oil & Gas and Capital Goods sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.01% to hit a new all time high, while the BSE Sensex 30 index gained 0.01%.

The best performers of the session on the Nifty 50 were Britannia Industries Ltd (NS:BRIT), which rose 2.29% or 88.10 points to trade at 3930.90 at the close. Meanwhile, Tata Consumer Products Ltd (NS:TACN) added 2.07% or 17.30 points to end at 853.30 and HDFC Life Insurance Company Ltd (NS:HDFL) was up 1.64% or 11.30 points to 698.85 in late trade.

The worst performers of the session were Bharti Airtel Ltd. (NS:BRTI), which fell 4.17% or 25.55 points to trade at 586.90 at the close. JSW Steel Ltd (NS:JSTL) declined 1.73% or 11.85 points to end at 672.00 and Maruti Suzuki India Ltd. (NS:MRTI) was down 1.53% or 102.85 points to 6608.60.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 1.29% to 2230.65, Mahindra & Mahindra Ltd. (BO:MAHM) which was up 1.18% to settle at 781.35 and HCL Technologies Ltd (BO:HCLT) which gained 1.13% to close at 1167.55.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 4.18% to 586.85 in late trade, Maruti Suzuki India Ltd. (BO:MRTI) which lost 1.59% to settle at 6609.05 and Power Grid Corporation of India Ltd (BO:PGRD) which was down 1.34% to 173.20 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 857 to 828 and 52 ended unchanged; on the Bombay Stock Exchange, 1634 rose and 1396 declined, while 121 ended unchanged.

Shares in Britannia Industries Ltd (NS:BRIT) rose to 52-week highs; gaining 2.29% or 88.10 to 3930.90. Shares in Tata Consumer Products Ltd (NS:TACN) rose to all time highs; up 2.07% or 17.30 to 853.30. Shares in HCL Technologies Ltd (BO:HCLT) rose to all time highs; up 1.13% or 13.00 to 1167.55.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.30% to 13.5375.

Gold Futures for December delivery was down 0.14% or 2.55 to $1788.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.85% or 0.58 to hit $67.78 a barrel, while the November Brent oil contract fell 0.72% or 0.51 to trade at $70.77 a barrel.

USD/INR was up 0.16% to 74.232, while EUR/INR rose 0.22% to 87.4190.

The US Dollar Index Futures was up 0.05% at 92.877.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.