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India shares higher at close of trade; Nifty 50 up 0.41%

Published 2021-08-27, 06:45 a/m
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.41%
NSEI
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NIFVIX
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REDY
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HALC
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INBK
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INFY
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LART
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MAHM
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ULTC
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BSESN
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BSECG
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BSEMET
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BSEPOWER
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SBIL
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Investing.com – India equities were higher at the close on Friday, as gains in the Capital Goods, Power and Metals sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 0.41% to hit a new all time high, while the BSE Sensex 30 index added 0.31%.

The biggest gainers of the session on the Nifty 50 were UltraTech Cement Ltd (NS:ULTC), which rose 3.54% or 258.50 points to trade at 7565.60 at the close. Hindalco Industries Ltd. (NS:HALC) added 3.25% or 13.80 points to end at 437.90 and SBI Life Insurance Company Ltd (NS:SBIL) was up 2.80% or 32.25 points to 1184.05 in late trade.

Biggest losers included IndusInd Bank Ltd. (NS:INBK), which lost 1.13% or 11.30 points to trade at 990.20 in late trade. Infosys Ltd (NS:INFY) declined 1.09% or 18.90 points to end at 1708.80 and Mahindra & Mahindra Ltd. (NS:MAHM) shed 0.77% or 6.00 points to 775.40.

The top performers on the BSE Sensex 30 were UltraTech Cement Ltd (BO:ULTC) which rose 3.64% to 7572.70, Larsen & Toubro Ltd (BO:LART) which was up 2.66% to settle at 1637.65 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which gained 2.17% to close at 4601.25.

The worst performers were Infosys Ltd (BO:INFY) which was down 1.07% to 1708.45 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 1.04% to settle at 990.85 and Mahindra & Mahindra Ltd. (BO:MAHM) which was down 0.80% to 775.10 at the close.

Advancing stocks outnumbered falling ones by 1030 to 656 and 53 ended unchanged; on the Bombay Stock Exchange, 1811 rose and 1232 declined, while 124 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.98% to 13.4050.

In commodities trading, Gold Futures for December delivery was up 0.09% or 1.55 to $1796.75 a troy ounce. Meanwhile, Crude oil for delivery in October rose 1.65% or 1.11 to hit $68.53 a barrel, while the November Brent oil contract rose 1.42% or 1.00 to trade at $71.18 a barrel.

USD/INR was down 0.65% to 73.668, while EUR/INR fell 0.59% to 86.6155.

The US Dollar Index Futures was down 0.03% at 93.050.

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