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India shares higher at close of trade; Nifty 50 up 0.19%

Published 05/02/2021, 09:45 pm
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.19%
NSEI
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NIFVIX
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AXBK
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BRTI
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DIVI
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REDY
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ICBK
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KTKM
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SBI
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TAMO
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TISC
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BSESN
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BSEREAL
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BSEPSU
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BSEBANK
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Investing.com – India equities were higher at the close on Friday, as gains in the Public Sector Undertakings, Real Estate and Banking sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.19% to hit a new all time high, while the BSE Sensex 30 index added 0.23%.

The biggest gainers of the session on the Nifty 50 were State Bank Of India (NS:SBI), which rose 10.70% or 38.00 points to trade at 393.10 at the close. Tata Steel Ltd (NS:TISC) added 4.44% or 29.10 points to end at 685.05 and Divi's Laboratories Ltd. (NS:DIVI) was up 3.90% or 143.55 points to 3822.45 in late trade.

Biggest losers included AXIS Bank Ltd (NS:AXBK), which lost 3.27% or 24.30 points to trade at 719.60 in late trade. Bharti Airtel Ltd. (NS:BRTI) declined 3.25% or 19.50 points to end at 581.10 and Tata Motors Ltd (NS:TAMO) shed 3.14% or 10.25 points to 315.90.

The top performers on the BSE Sensex 30 were State Bank Of India (BO:SBI) which rose 10.69% to 393.05, Kotak Mahindra Bank Ltd. (BO:KTKM) which was up 4.07% to settle at 1989.00 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which gained 2.92% to close at 4802.00.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 3.18% to 581.25 in late trade, AXIS Bank Ltd. (BO:AXBK) which lost 2.83% to settle at 723.00 and ICICI Bank Ltd (BO:ICBK) which was down 2.06% to 614.60 at the close.

Declining stocks outnumbered rising ones by 997 to 646 and 50 ended unchanged; on the Bombay Stock Exchange, 1604 fell and 1263 advanced, while 143 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.27% to 23.4150.

In commodities trading, Gold Futures for April delivery was up 0.95% or 17.00 to $1808.20 a troy ounce. Meanwhile, Crude oil for delivery in March rose 1.01% or 0.57 to hit $56.80 a barrel, while the April Brent oil contract rose 0.76% or 0.45 to trade at $59.45 a barrel.

USD/INR was down 0.10% to 72.880, while EUR/INR rose 0.04% to 87.2955.

The US Dollar Index Futures was down 0.14% at 91.422.

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