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India shares higher at close of trade; Nifty 50 up 0.37%

Published 2021-04-08, 06:45 a/m
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.37%
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Investing.com – India equities were higher at the close on Thursday, as gains in the Metals, Consumer Durables and IT sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.37%, while the BSE Sensex 30 index climbed 0.17%.

The biggest gainers of the session on the Nifty 50 were JSW Steel Ltd (NS:JSTL), which rose 9.21% or 51.80 points to trade at 614.10 at the close. Tata Steel Ltd (NS:TISC) added 4.98% or 43.55 points to end at 918.40 and Shree Cements Ltd. (NS:SHCM) was up 4.47% or 1352.00 points to 31582.65 in late trade.

Biggest losers included IndusInd Bank Ltd. (NS:INBK), which lost 1.13% or 10.65 points to trade at 934.90 in late trade. SBI Life Insurance Company Ltd (NS:SBIL) declined 1.09% or 10.00 points to end at 908.50 and Sun Pharmaceutical Industries Ltd. (NS:SUN) shed 1.09% or 6.80 points to 614.25.

The top performers on the BSE Sensex 30 were UltraTech Cement Ltd (BO:ULTC) which rose 4.24% to 7042.95, Titan Company Ltd (BO:TITN) which was up 3.95% to settle at 1573.75 and Tech Mahindra Ltd (BO:TEML) which gained 2.52% to close at 1028.30.

The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 1.07% to 935.35 in late trade, Oil And Natural Gas Corporation Ltd (BO:ONGC) which lost 1.05% to settle at 103.55 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 1.05% to 614.30 at the close.

Advancing stocks outnumbered falling ones by 1070 to 584 and 70 ended unchanged; on the Bombay Stock Exchange, 1786 rose and 1022 declined, while 158 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.32% to 20.3125.

In commodities trading, Gold Futures for June delivery was up 0.31% or 5.35 to $1746.95 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.75% or 0.45 to hit $59.32 a barrel, while the June Brent oil contract fell 0.54% or 0.34 to trade at $62.82 a barrel.

USD/INR was up 0.31% to 74.581, while EUR/INR rose 0.26% to 88.4830.

The US Dollar Index Futures was down 0.06% at 92.418.

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