🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

India shares higher at close of trade; Nifty 50 up 0.71%

Published 2021-02-04, 05:45 a/m
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.71%
NSEI
-
NIFVIX
-
ASPN
-
BJFN
-
BRTI
-
CIPL
-
INBK
-
ITC
-
SBI
-
UPLL
-
BSESN
-
BSESCGIP
-
BSEPOWER
-
BSEPSU
-

Investing.com – India equities were higher at the close on Thursday, as gains in the Public Sector Undertakings, Power and Fast Moving Consumer Goods sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.71% to hit a new all time high, while the BSE Sensex 30 index added 0.71%.

The biggest gainers of the session on the Nifty 50 were ITC Ltd (NS:ITC), which rose 6.09% or 13.20 points to trade at 229.95 at the close. State Bank Of India (NS:SBI) added 5.70% or 19.15 points to end at 355.10 and Bajaj Finance Ltd (NS:BJFN) was up 4.95% or 259.75 points to 5504.85 in late trade.

Biggest losers included Asian Paints Ltd. (NS:ASPN), which lost 2.11% or 51.85 points to trade at 2401.80 in late trade. UPL Ltd (NS:UPLL) declined 1.83% or 10.20 points to end at 548.05 and Cipla Ltd. (NS:CIPL) shed 1.65% or 14.00 points to 835.25.

The top performers on the BSE Sensex 30 were ITC Ltd (BO:ITC) which rose 6.21% to 230.20, State Bank Of India (BO:SBI) which was up 5.73% to settle at 355.10 and Bajaj Finance Ltd (BO:BJFN) which gained 4.91% to close at 5505.00.

The worst performers were Asian Paints Ltd. (BO:ASPN) which was down 1.85% to 2407.50 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 1.73% to settle at 1031.35 and Bharti Airtel Ltd (BO:BRTI) which was down 1.46% to 599.90 at the close.

Advancing stocks outnumbered falling ones by 1042 to 583 and 66 ended unchanged; on the Bombay Stock Exchange, 1787 rose and 1089 declined, while 136 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.62% to 23.1225.

In commodities trading, Gold Futures for April delivery was down 1.12% or 20.55 to $1814.55 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.75% or 0.42 to hit $56.11 a barrel, while the April Brent oil contract rose 0.19% or 0.11 to trade at $58.80 a barrel.

USD/INR was up 0.23% to 72.980, while EUR/INR fell 0.12% to 87.5045.

The US Dollar Index Futures was up 0.35% at 91.422.

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.