🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

India shares higher at close of trade; Nifty 50 up 0.79%

Published 04/08/2021, 08:45 pm
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.79%
NSEI
-
NIFVIX
-
GRAS
-
HDFC
-
ICBK
-
KTKM
-
TAMO
-
TITN
-
ULTC
-
NEST
-
BSESN
-
BSEPSU
-
BSEBANK
-
BSECRBX
-

Investing.com – India equities were higher at the close on Wednesday, as gains in the Banking, Carbon and Public Sector Undertakings sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.79% to hit a new all time high, while the BSE Sensex 30 index gained 1.02%.

The biggest gainers of the session on the Nifty 50 were Housing Development Finance Corporation Ltd (NS:HDFC), which rose 4.75% or 121.40 points to trade at 2676.05 at the close. Kotak Mahindra Bank Ltd. (NS:KTKM) added 3.81% or 64.30 points to end at 1749.95 and ICICI Bank Ltd (NS:ICBK) was up 3.51% or 24.25 points to 714.65 in late trade.

Biggest losers included Grasim Industries Ltd (NS:GRAS), which lost 2.47% or 39.40 points to trade at 1553.00 in late trade. Titan Company Ltd (NS:TITN) declined 2.21% or 40.60 points to end at 1799.60 and Tata Motors Ltd (NS:TAMO) shed 1.83% or 5.55 points to 298.15.

The top performers on the BSE Sensex 30 were Housing Development Finance Corporation Ltd (BO:HDFC) which rose 4.77% to 2675.75, Kotak Mahindra Bank Ltd. (BO:KTKM) which was up 3.74% to settle at 1749.80 and ICICI Bank Ltd (BO:ICBK) which gained 3.58% to close at 714.75.

The worst performers were Titan Company Ltd (BO:TITN) which was down 2.14% to 1799.80 in late trade, Nestle India Ltd (BO:NEST) which lost 1.39% to settle at 18032.90 and UltraTech Cement Ltd (BO:ULTC) which was down 1.19% to 7754.95 at the close.

Declining stocks outnumbered rising ones by 1255 to 465 and 20 ended unchanged; on the Bombay Stock Exchange, 2062 fell and 1035 advanced, while 104 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.89% to 13.2125.

In commodities trading, Gold Futures for December delivery was up 0.15% or 2.75 to $1816.85 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.47% or 0.33 to hit $70.23 a barrel, while the October Brent oil contract fell 0.22% or 0.16 to trade at $72.25 a barrel.

USD/INR was down 0.12% to 74.158, while EUR/INR fell 0.16% to 87.9140.

The US Dollar Index Futures was up 0.04% at 92.123.

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.