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India stocks higher at close of trade; Nifty 50 up 1.51%

Published 10/01/2020, 06:45 AM
Updated 10/01/2020, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 1.51%

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

At the close in NSE, the Nifty 50 rose 1.51%, while the BSE Sensex 30 index gained 1.65%.

The best performers of the session on the Nifty 50 were IndusInd Bank Ltd. (NS:INBK), which rose 12.44% or 65.60 points to trade at 593.00 at the close. Meanwhile, Bajaj Finance Ltd (NS:BJFN) added 5.04% or 165.40 points to end at 3444.00 and AXIS Bank Ltd (NS:AXBK) was up 4.10% or 17.40 points to 442.05 in late trade.

The worst performers of the session were Dr. Reddy’s Laboratories Ltd (NS:REDY), which fell 1.31% or 67.80 points to trade at 5120.00 at the close. Oil And Natural Gas Corporation Ltd (NS:ONGC) declined 0.51% or 0.35 points to end at 68.90 and ITC Ltd (NS:ITC) was down 0.47% or 0.80 points to 170.90.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 12.41% to 592.10, Bajaj Finance Ltd (BO:BJFN) which was up 5.11% to settle at 3444.75 and AXIS Bank Ltd. (BO:AXBK) which gained 4.44% to close at 443.35.

The worst performers were ITC Ltd (BO:ITC) which was down 0.52% to 170.85 in late trade, NTPC Ltd (BO:NTPC) which lost 0.47% to settle at 84.80 and Reliance Industries Ltd (BO:RELI) which was down 0.39% to 2225.05 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 997 to 608 and 75 ended unchanged; on the Bombay Stock Exchange, 1482 rose and 1092 declined, while 142 ended unchanged.

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The India VIX, which measures the implied volatility of Nifty 50 options, was down 6.04% to 18.3500 a new 6-months low.

Gold Futures for December delivery was up 0.30% or 5.65 to $1901.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.94% or 0.38 to hit $39.84 a barrel, while the December Brent oil contract fell 0.85% or 0.36 to trade at $41.94 a barrel.

USD/INR was down 0.57% to 73.138, while EUR/INR fell 0.36% to 85.8865.

The US Dollar Index Futures was down 0.07% at 93.860.

Latest comments

niftybank is open plus and loss in monday
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