June's AI-picked stock updates now live. See what's new in Tech Titans, up 28.5% year to date.See Full Update

India stocks higher at close of trade; Nifty 50 up 0.68%

Published 04/24/2023, 06:45 AM
© Reuters India stocks higher at close of trade; Nifty 50 up 0.68%

Investing.com – India stocks were higher after the close on Monday, as gains in the Banking, Public Sector Undertakings and Real Estate sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.68%, while the BSE Sensex 30 index gained 0.67%.

The best performers of the session on the Nifty 50 were HDFC Life Insurance Company Ltd (NS:HDFL), which rose 6.67% or 34.25 points to trade at 547.55 at the close. Meanwhile, Tata Consumer Products Ltd (NS:TACN) added 4.59% or 32.15 points to end at 732.55 and Wipro Ltd (NS:WIPR) was up 2.69% or 9.90 points to 377.95 in late trade.

The worst performers of the session were Dr. Reddy’s Laboratories Ltd (NS:REDY), which fell 1.29% or 62.65 points to trade at 4,806.10 at the close. IndusInd Bank Ltd. (NS:INBK) declined 1.29% or 14.35 points to end at 1,102.00 and Cipla Ltd. (NS:CIPL) was down 1.15% or 10.55 points to 904.50.

The top performers on the BSE Sensex 30 were Wipro Ltd (BO:WIPR) which rose 2.69% to 377.90, ICICI Bank Ltd (BO:ICBK) which was up 2.31% to settle at 904.65 and Titan Company Ltd (BO:TITN) which gained 2.31% to close at 2,627.65.

The worst performers were Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 1.44% to 4,800.00 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 1.24% to settle at 1,102.05 and Maruti Suzuki India Ltd. (BO:MRTI) which was down 1.11% to 8,463.10 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1027 to 912 and 79 ended unchanged; on the Bombay Stock Exchange, 1822 rose and 1641 declined, while 162 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.32% to 11.67 a new 3-years low.

Gold Futures for June delivery was up 0.24% or 4.70 to $1,995.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.15% or 0.12 to hit $77.75 a barrel, while the July Brent oil contract fell 0.25% or 0.20 to trade at $81.26 a barrel.

USD/INR was down 0.14% to 81.92, while EUR/INR rose 0.07% to 90.19.

The US Dollar Index Futures was down 0.19% at 101.36.

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.