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India shares higher at close of trade; Nifty 50 up 0.77%

Published 25/02/2021, 09:45 pm
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.77%
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Investing.com – India equities were higher at the close on Thursday, as gains in the Oil & Gas, Metals and Public Sector Undertakings sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 0.77%, while the BSE Sensex 30 index climbed 0.51%.

The biggest gainers of the session on the Nifty 50 were Coal India Ltd (NS:COAL), which rose 8.10% or 11.70 points to trade at 156.10 at the close. UPL Ltd (NS:UPLL) added 7.05% or 39.05 points to end at 593.00 and Adani Port and Special Economic Zone Ltd (NS:APSE) was up 5.88% or 39.10 points to 704.30 in late trade.

Biggest losers included ICICI Bank Ltd (NS:ICBK), which lost 2.04% or 13.10 points to trade at 628.00 in late trade. Nestle India Ltd (NS:NEST) declined 1.42% or 232.25 points to end at 16113.90 and Larsen & Toubro Ltd (NS:LART) shed 1.32% or 20.15 points to 1506.45.

The top performers on the BSE Sensex 30 were Oil And Natural Gas Corporation Ltd (BO:ONGC) which rose 4.66% to 119.00, NTPC Ltd (BO:NTPC) which was up 4.55% to settle at 107.95 and Reliance Industries Ltd (BO:RELI) which gained 3.84% to close at 2144.85.

The worst performers were ICICI Bank Ltd (BO:ICBK) which was down 2.10% to 627.95 in late trade, Nestle India Ltd (BO:NEST) which lost 1.45% to settle at 16114.35 and Larsen & Toubro Ltd (BO:LART) which was down 1.20% to 1506.60 at the close.

Advancing stocks outnumbered falling ones by 1085 to 557 and 73 ended unchanged; on the Bombay Stock Exchange, 1718 rose and 1130 declined, while 163 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 5.28% to 22.8925.

In commodities trading, Gold Futures for April delivery was down 0.40% or 7.15 to $1790.75 a troy ounce. Meanwhile, Crude oil for delivery in April rose 0.35% or 0.22 to hit $63.44 a barrel, while the May Brent oil contract rose 0.47% or 0.31 to trade at $66.49 a barrel.

USD/INR was up 0.06% to 72.423, while EUR/INR rose 0.62% to 88.5625.

The US Dollar Index Futures was down 0.45% at 89.760.

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