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India shares higher at close of trade; Nifty 50 up 0.38%

Published 2022-05-16, 06:45 a/m
© Reuters India shares higher at close of trade; Nifty 50 up 0.38%
NSEI
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NIFVIX
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APLH
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ASPN
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BJFN
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EICH
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ITC
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NTPC
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SBI
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SHCM
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ULTC
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BSESN
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BSEAUTO
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BSEPOWER
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BSEREAL
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Investing.com – India equities were higher at the close on Monday, as gains in the Real Estate, Auto and Power sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 0.38%, while the BSE Sensex 30 index added 0.34%.

The biggest gainers of the session on the Nifty 50 were Eicher Motors Ltd. (NS:EICH), which rose 7.62% or 185.30 points to trade at 2,617.95 at the close. Apollo Hospitals Enterprises Ltd. (NS:APLH) added 3.92% or 138.95 points to end at 3,686.75 and NTPC Ltd (NS:NTPC) was up 2.81% or 4.05 points to 148.20 in late trade.

Biggest losers included UltraTech Cement Ltd (NS:ULTC), which lost 2.97% or 183.75 points to trade at 6,012.80 in late trade. Shree Cements Ltd. (NS:SHCM) declined 2.59% or 584.50 points to end at 21,980.85 and Asian Paints Ltd. (NS:ASPN) shed 2.09% or 64.10 points to 2,999.90.

The top performers on the BSE Sensex 30 were NTPC Ltd (BO:NTPC) which rose 3.05% to 148.45, Bajaj Finance Ltd (BO:BJFN) which was up 2.37% to settle at 5,646.05 and State Bank Of India (BO:SBI) which gained 2.27% to close at 455.15.

The worst performers were UltraTech Cement Ltd (BO:ULTC) which was down 3.01% to 6,013.05 in late trade, Asian Paints Ltd. (BO:ASPN) which lost 2.15% to settle at 2,999.45 and ITC Ltd (BO:ITC) which was down 1.78% to 254.05 at the close.

Advancing stocks outnumbered falling ones by 1257 to 589 and 27 ended unchanged; on the Bombay Stock Exchange, 2155 rose and 1130 declined, while 177 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 4.44% to 24.53 a new 1-month high.

In commodities trading, Gold Futures for June delivery was down 0.38% or 6.90 to $1,801.30 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.58% or 0.63 to hit $108.00 a barrel, while the July Brent oil contract fell 0.70% or 0.78 to trade at $110.77 a barrel.

USD/INR was up 0.42% to 77.81, while EUR/INR rose 0.56% to 81.11.

The US Dollar Index Futures was down 0.12% at 104.50.

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