Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

India stocks higher at close of trade; Nifty 50 up 1.33%

Published 05/17/2019, 06:45 AM
Updated 05/17/2019, 06:45 AM
India stocks higher at close of trade; Nifty 50 up 1.33%

India stocks higher at close of trade; Nifty 50 up 1.33%

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

At the close in NSE, the Nifty 50 rose 1.33%, while the BSE Sensex 30 index added 1.44%.

The best performers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd. (NS:ZEE), which rose 8.32% or 28.75 points to trade at 372.15 at the close. Meanwhile, Bajaj Finance Ltd (NS:BJFN) added 5.95% or 184.95 points to end at 3301.10 and Bajaj Finserv Ltd (NS:BJFS) was up 4.75% or 361.55 points to 7992.95 in late trade.

The worst performers of the session were Lupin Ltd (NS:LUPN), which fell 3.72% or 29.10 points to trade at 753.15 at the close. Yes Bank Ltd (NS:YESB) declined 2.65% or 3.65 points to end at 134.15 and Hindustan Petroleum Corporation Ltd (NS:HPCL) was down 2.47% or 6.95 points to 274.70.

The top performers on the BSE Sensex 30 were Bajaj Finance Ltd (BO:BJFN) which rose 6.09% to 3301.20, Hero MotoCorp Ltd (BO:HROM) which was up 4.26% to settle at 2623.50 and Maruti Suzuki India Ltd. (BO:MRTI) which gained 3.53% to close at 6707.20.

The worst performers were Yes Bank Ltd (BO:YESB) which was down 2.36% to 134.55 in late trade, Vedanta Ltd (BO:VDAN) which lost 1.44% to settle at 160.80 and Infosys Ltd (BO:INFY) which was down 1.42% to 723.80 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 889 to 680 and 70 ended unchanged; on the Bombay Stock Exchange, 1342 rose and 1081 declined, while 135 ended unchanged.

Shares in Bajaj Finance Ltd (NS:BJFN) rose to all time highs; up 5.95% or 184.95 to 3301.10. Shares in Yes Bank Ltd (NS:YESB) fell to 3-years lows; falling 2.65% or 3.65 to 134.15. Shares in Bajaj Finserv Ltd (NS:BJFS) rose to all time highs; gaining 4.75% or 361.55 to 7992.95. Shares in Bajaj Finance Ltd (BO:BJFN) rose to all time highs; rising 6.09% or 189.40 to 3301.20. Shares in Yes Bank Ltd (BO:YESB) fell to 3-years lows; losing 2.36% or 3.25 to 134.55.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.04% to 28.0750.

Gold Futures for June delivery was down 0.07% or 0.95 to $1285.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.03% or 0.65 to hit $63.52 a barrel, while the July Brent oil contract rose 0.61% or 0.44 to trade at $73.06 a barrel.

USD/INR was down 0.09% to 70.135, while EUR/INR fell 0.01% to 78.3285.

The US Dollar Index Futures was up 0.05% at 97.722.

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.