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India shares higher at close of trade; Nifty 50 up 0.24%

Published 06/04/2023, 08:45 pm
© Reuters India shares higher at close of trade; Nifty 50 up 0.24%

Investing.com – India equities were higher at the close on Thursday, as gains in the Real Estate, Auto and Oil & Gas sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.24%, while the BSE Sensex 30 index gained 0.24%.

The biggest gainers of the session on the Nifty 50 were Adani Enterprises Ltd (NS:ADEL), which rose 3.30% or 56.05 points to trade at 1,754.05 at the close. Bajaj Finance Ltd (NS:BJFN) added 2.97% or 170.90 points to end at 5,932.20 and Tata Motors Ltd (NS:TAMO) was up 2.60% or 11.10 points to 437.65 in late trade.

Biggest losers included HCL Technologies Ltd (NS:HCLT), which lost 1.74% or 19.35 points to trade at 1,091.85 in late trade. Oil And Natural Gas Corporation Ltd (NS:ONGC) declined 1.50% or 2.30 points to end at 150.60 and ICICI Bank Ltd (NS:ICBK) shed 1.09% or 9.60 points to 875.00.

The top performers on the BSE Sensex 30 were Bajaj Finance Ltd (BO:BJFN) which rose 2.95% to 5,935.50, Bajaj Finserv Ltd (BO:BJFS) which was up 1.90% to settle at 1,303.65 and IndusInd Bank Ltd. (BO:INBK) which gained 1.80% to close at 1,084.70.

The worst performers were HCL Technologies Ltd (BO:HCLT) which was down 1.73% to 1,091.75 in late trade, ICICI Bank Ltd (BO:ICBK) which lost 1.10% to settle at 874.65 and Axis Bank Ltd. (BO:AXBK) which was down 1.04% to 851.80 at the close.

Advancing stocks outnumbered falling ones by 1323 to 629 and 38 ended unchanged; on the Bombay Stock Exchange, 2311 rose and 1091 declined, while 108 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.95% to 11.80 a new 3-year low.

In commodities trading, Gold Futures for June delivery was down 0.00% or 0.05 to $2,035.55 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.41% or 0.33 to hit $80.28 a barrel, while the June Brent oil contract fell 0.32% or 0.27 to trade at $84.72 a barrel.

USD/INR was down 0.03% to 81.92, while EUR/INR fell 0.03% to 89.32.

The US Dollar Index Futures was up 0.08% at 101.63.

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