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India shares higher at close of trade; Nifty 50 up 1.06%

Published 2020-04-28, 06:45 a/m
India shares higher at close of trade; Nifty 50 up 1.06%
NSEI
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NIFVIX
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BJFN
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HDFC
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IOC
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INBK
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NTPC
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SUN
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NEST
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BSESN
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BSECD
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BSEBANK
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BSECRBX
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Investing.com – India equities were higher at the close on Tuesday, as gains in the Banking, Consumer Durables and Carbon sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 1.06% to hit a new 1-month high, while the BSE Sensex 30 index gained 1.17%.

The biggest gainers of the session on the Nifty 50 were IndusInd Bank Ltd. (NS:INBK), which rose 17.07% or 69.55 points to trade at 476.95 at the close. Bajaj Finance Ltd (NS:BJFN) added 9.32% or 190.50 points to end at 2234.55 and Housing Development Finance Corporation Ltd (NS:HDFC) was up 8.33% or 132.55 points to 1724.00 in late trade.

Biggest losers included Sun Pharmaceutical Industries Ltd. (NS:SUN), which lost 3.02% or 14.80 points to trade at 475.10 in late trade. Indian Oil Corporation Ltd (NS:IOC) declined 2.33% or 1.90 points to end at 79.60 and NTPC Ltd (NS:NTPC) shed 2.11% or 1.95 points to 90.40.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 15.11% to 468.90, Bajaj Finance Ltd (BO:BJFN) which was up 9.04% to settle at 2229.40 and Housing Development Finance Corporation Ltd (BO:HDFC) which gained 8.27% to close at 1724.00.

The worst performers were Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 3.27% to 473.80 in late trade, Nestle India Ltd (BO:NEST) which lost 2.09% to settle at 17578.55 and NTPC Ltd (BO:NTPC) which was down 2.00% to 90.45 at the close.

Advancing stocks outnumbered falling ones by 818 to 684 and 90 ended unchanged; on the Bombay Stock Exchange, 1230 rose and 1016 declined, while 180 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 7.06% to 35.3550 a new 1-month low.

In commodities trading, Gold Futures for June delivery was down 0.06% or 0.95 to $1722.85 a troy ounce. Meanwhile, Crude oil for delivery in June fell 8.45% or 1.08 to hit $11.70 a barrel, while the July Brent oil contract rose 1.56% or 0.36 to trade at $23.43 a barrel.

USD/INR was down 0.11% to 76.145, while EUR/INR rose 0.35% to 82.8270.

The US Dollar Index Futures was down 0.50% at 99.593.

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