💙 🔷 Not impressed by Big Tech in Q3? Explore these Blue Chip Bargains insteadUnlock them all

India shares higher at close of trade; Nifty 50 up 0.13%

Published 2023-12-11, 05:30 a/m
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.13%

Investing.com – India equities were higher at the close on Monday, as gains in the Metals, Real Estate and Public Sector Undertakings sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.13% to hit a new all time high, while the BSE Sensex 30 index gained 0.15%.

The biggest gainers of the session on the Nifty 50 were UltraTech Cement Ltd (NS:ULTC), which rose 3.29% or 309.35 points to trade at 9,722.90 at the close. UPL Ltd (NS:UPLL) added 3.04% or 17.80 points to end at 603.00 and Adani Enterprises Ltd (NS:ADEL) was up 1.41% or 39.85 points to 2,862.00 in late trade.

Biggest losers included Dr. Reddy’s Laboratories Ltd (NS:REDY), which lost 5.00% or 288.15 points to trade at 5,475.75 in late trade. Axis Bank Ltd (NS:AXBK) declined 1.43% or 16.20 points to end at 1,115.00 and Cipla Ltd. (NS:CIPL) shed 1.24% or 15.10 points to 1,204.00.

The top performers on the BSE Sensex 30 were UltraTech Cement Ltd (BO:ULTC) which rose 3.04% to 9,685.00, Nestle India Ltd (BO:NEST) which was up 1.30% to settle at 25,110.00 and Power Grid Corporation of India Ltd (BO:PGRD) which gained 1.05% to close at 230.95.

The worst performers were Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 5.04% to 5,472.90 in late trade, Axis Bank Ltd. (BO:AXBK) which lost 1.26% to settle at 1,116.85 and Mahindra & Mahindra Ltd. (BO:MAHM) which was down 0.99% to 1,652.00 at the close.

Advancing stocks outnumbered falling ones by 1292 to 845 and 33 ended unchanged; on the Bombay Stock Exchange, 2291 rose and 1440 declined, while 172 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.31% to 12.76.

In commodities trading, Gold Futures for February delivery was down 0.33% or 6.60 to $2,007.90 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.60% or 0.43 to hit $70.80 a barrel, while the February Brent oil contract fell 0.44% or 0.33 to trade at $75.51 a barrel.

USD/INR was down 0.07% to 83.37, while EUR/INR fell 0.10% to 89.82.

The US Dollar Index Futures was up 0.03% at 103.66.

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.