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India stocks higher at close of trade; Nifty 50 up 0.20%

Published 07/23/2021, 06:45 AM
Updated 07/23/2021, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.20%

Investing.com – India stocks were higher after the close on Friday, as gains in the Real Estate, Banking and Fast Moving Consumer Goods sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.20%, while the BSE Sensex 30 index climbed 0.26%.

The best performers of the session on the Nifty 50 were ICICI Bank Ltd (NS:ICBK), which rose 3.16% or 20.70 points to trade at 676.65 at the close. Meanwhile, ITC Ltd (NS:ITC) added 2.61% or 5.40 points to end at 212.40 and Wipro Ltd (NS:WIPR) was up 2.56% or 14.95 points to 599.15 in late trade.

The worst performers of the session were Tata Motors Ltd (NS:TAMO), which fell 2.31% or 7.00 points to trade at 295.55 at the close. Grasim Industries Ltd (NS:GRAS) declined 2.06% or 32.55 points to end at 1549.50 and Larsen & Toubro Ltd (NS:LART) was down 1.85% or 30.40 points to 1611.75.

The top performers on the BSE Sensex 30 were ICICI Bank Ltd (BO:ICBK) which rose 3.18% to 676.65, ITC Ltd (BO:ITC) which was up 2.56% to settle at 212.35 and State Bank Of India (BO:SBI) which gained 1.69% to close at 429.15.

The worst performers were Larsen & Toubro Ltd (BO:LART) which was down 1.80% to 1612.00 in late trade, Hindustan Unilever Ltd. (BO:HLL) which lost 0.82% to settle at 2359.25 and Reliance Industries Ltd (BO:RELI) which was down 0.74% to 2105.20 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 999 to 711 and 32 ended unchanged; on the Bombay Stock Exchange, 1616 fell and 1478 advanced, while 108 ended unchanged.

Shares in ICICI Bank Ltd (NS:ICBK) rose to all time highs; rising 3.16% or 20.70 to 676.65. Shares in Wipro Ltd (NS:WIPR) rose to all time highs; gaining 2.56% or 14.95 to 599.15. Shares in ICICI Bank Ltd (BO:ICBK) rose to all time highs; up 3.18% or 20.85 to 676.65.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.03% to 11.7625.

Gold Futures for August delivery was down 0.34% or 6.15 to $1799.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.14% or 0.10 to hit $71.81 a barrel, while the September Brent oil contract fell 0.23% or 0.17 to trade at $73.62 a barrel.

USD/INR was down 0.05% to 74.413, while EUR/INR fell 0.04% to 87.5955.

The US Dollar Index Futures was up 0.10% at 92.922.

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