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India stocks higher at close of trade; Nifty 50 up 0.82%

Published 10/07/2021, 06:45 AM
Updated 10/07/2021, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.82%

Investing.com – India stocks were higher after the close on Thursday, as gains in the Real Estate, Consumer Durables and Auto sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.82%, while the BSE Sensex 30 index gained 0.82%.

The best performers of the session on the Nifty 50 were Tata Motors Ltd (NS:TAMO), which rose 12.04% or 40.45 points to trade at 376.50 at the close. Meanwhile, Titan Company Ltd (NS:TITN) added 10.60% or 227.70 points to end at 2375.35 and Mahindra & Mahindra Ltd. (NS:MAHM) was up 5.29% or 44.15 points to 878.25 in late trade.

The worst performers of the session were Oil And Natural Gas Corporation Ltd (NS:ONGC), which fell 4.58% or 7.70 points to trade at 160.40 at the close. Dr. Reddy’s Laboratories Ltd (NS:REDY) declined 1.32% or 65.50 points to end at 4891.10 and Coal India Ltd (NS:COAL) was down 1.11% or 2.15 points to 190.70.

The top performers on the BSE Sensex 30 were Titan Company Ltd (BO:TITN) which rose 10.69% to 2376.20, Mahindra & Mahindra Ltd. (BO:MAHM) which was up 5.32% to settle at 878.15 and Maruti Suzuki India Ltd. (BO:MRTI) which gained 4.04% to close at 7491.30.

The worst performers were Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 1.31% to 4892.25 in late trade, Housing Development Finance Corporation Ltd (BO:HDFC) which lost 0.71% to settle at 2728.75 and Nestle India Ltd (BO:NEST) which was down 0.64% to 19049.60 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1214 to 492 and 60 ended unchanged; on the Bombay Stock Exchange, 2096 rose and 1037 declined, while 125 ended unchanged.

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Shares in Tata Motors Ltd (NS:TAMO) rose to 3-years highs; rising 12.04% or 40.45 to 376.50. Shares in Titan Company Ltd (NS:TITN) rose to all time highs; rising 10.60% or 227.70 to 2375.35. Shares in Titan Company Ltd (BO:TITN) rose to all time highs; rising 10.69% or 229.40 to 2376.20.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 6.79% to 16.1550.

Gold Futures for December delivery was unchanged 0.00% or 0.00 to $1761.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 1.70% or 1.32 to hit $76.11 a barrel, while the December Brent oil contract fell 1.22% or 0.99 to trade at $80.09 a barrel.

USD/INR was up 0.01% to 74.766, while EUR/INR rose 0.03% to 86.4175.

The US Dollar Index Futures was down 0.07% at 94.210.

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