Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

India stocks higher at close of trade; Nifty 50 up 0.38%

Published 01/07/2022, 05:45 AM
© Reuters India stocks higher at close of trade; Nifty 50 up 0.38%

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

At the close in NSE, the Nifty 50 rose 0.38%, while the BSE Sensex 30 index climbed 0.24%.

The best performers of the session on the Nifty 50 were Grasim Industries Ltd (NS:GRAS), which rose 4.48% or 77.10 points to trade at 1797.65 at the close. Meanwhile, Oil And Natural Gas Corporation Ltd (NS:ONGC) added 4.14% or 6.25 points to end at 157.05 and Hindalco Industries Ltd. (NS:HALC) was up 3.01% or 14.40 points to 493.50 in late trade.

The worst performers of the session were Bajaj Finserv Ltd (NS:BJFS), which fell 1.46% or 262.90 points to trade at 17723.60 at the close. Mahindra & Mahindra Ltd. (NS:MAHM) declined 1.29% or 10.85 points to end at 829.00 and Bajaj Finance Ltd (NS:BJFN) was down 1.15% or 88.90 points to 7659.35.

The top performers on the BSE Sensex 30 were Asian Paints Ltd. (BO:ASPN) which rose 1.79% to 3576.45, Tata Consultancy Services Ltd. (BO:TCS) which was up 1.26% to settle at 3854.85 and Nestle India Ltd (BO:NEST) which gained 1.23% to close at 19888.75.

The worst performers were Bajaj Finserv Ltd (BO:BJFS) which was down 1.39% to 17736.00 in late trade, Mahindra & Mahindra Ltd. (BO:MAHM) which lost 1.31% to settle at 828.95 and Larsen & Toubro Ltd (BO:LART) which was down 1.06% to 1904.75 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1012 to 777 and 32 ended unchanged; on the Bombay Stock Exchange, 2022 rose and 1276 declined, while 79 ended unchanged.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Shares in Asian Paints Ltd. (BO:ASPN) rose to all time highs; gaining 1.79% or 62.75 to 3576.45.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.09% to 17.6025.

Gold Futures for February delivery was up 0.11% or 2.00 to $1791.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.13% or 0.90 to hit $80.36 a barrel, while the March Brent oil contract rose 1.09% or 0.89 to trade at $82.88 a barrel.

USD/INR was down 0.14% to 74.315, while EUR/INR rose 0.04% to 84.0140.

The US Dollar Index Futures was down 0.16% at 96.175.

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.