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India shares higher at close of trade; Nifty 50 up 0.59%

Published 2024-02-16, 05:30 a/m
© Reuters India shares higher at close of trade; Nifty 50 up 0.59%

Investing.com – India equities were higher at the close on Friday, as gains in the Auto, Real Estate and Capital Goods sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.59% to hit a new 1-month high, while the BSE Sensex 30 index added 0.52%.

The biggest gainers of the session on the Nifty 50 were Wipro Ltd (NS:WIPR), which rose 4.73% or 24.50 points to trade at 543.00 at the close. Mahindra & Mahindra Ltd. (NS:MAHM) added 3.99% or 70.50 points to end at 1,835.55 and SBI Life Insurance Company Ltd (NS:SBIL) was up 3.79% or 55.10 points to 1,508.45 in late trade.

Biggest losers included Power Grid Corporation of India Ltd (NS:PGRD), which lost 2.54% or 7.15 points to trade at 274.50 in late trade. Oil And Natural Gas Corporation Ltd (NS:ONGC) declined 0.94% or 2.60 points to end at 274.70 and State Bank Of India (NS:SBI) shed 0.92% or 7.00 points to 754.70.

The top performers on the BSE Sensex 30 were Wipro Ltd (BO:WIPR) which rose 4.79% to 543.10, Mahindra & Mahindra Ltd. (BO:MAHM) which was up 3.96% to settle at 1,835.55 and Larsen & Toubro Ltd (BO:LART) which gained 2.38% to close at 3,379.00.

The worst performers were Power Grid Corporation of India Ltd (BO:PGRD) which was down 2.36% to 274.85 in late trade, State Bank Of India (BO:SBI) which lost 0.90% to settle at 754.75 and Reliance Industries Ltd (BO:RELI) which was down 0.70% to 2,921.35 at the close.

Advancing stocks outnumbered falling ones by 1237 to 897 and 45 ended unchanged; on the Bombay Stock Exchange, 2081 rose and 1614 declined, while 89 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was unchanged 0.02% to 15.22.

In commodities trading, Gold Futures for April delivery was up 0.12% or 2.40 to $2,017.30 a troy ounce. Meanwhile, Crude oil for delivery in March fell 0.94% or 0.73 to hit $77.30 a barrel, while the April Brent oil contract fell 1.06% or 0.88 to trade at $81.98 a barrel.

USD/INR was up 0.02% to 83.01, while EUR/INR fell 0.04% to 89.37.

The US Dollar Index Futures was up 0.08% at 104.29.

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