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India shares higher at close of trade; Nifty 50 up 0.80%

Published 10/05/2021, 08:45 pm
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.80%
NSEI
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NIFVIX
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BRIT
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COAL
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REDY
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HALC
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INFY
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LART
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RELI
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SHCM
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SUN
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ULTC
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UPLL
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BSESN
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BSECG
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BSEMET
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BSEPSU
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Investing.com – India equities were higher at the close on Monday, as gains in the Metals, Public Sector Undertakings and Capital Goods sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.80% to hit a new 1-month high, while the BSE Sensex 30 index added 0.60%.

The biggest gainers of the session on the Nifty 50 were Coal India Ltd (NS:COAL), which rose 7.45% or 10.20 points to trade at 147.05 at the close. UPL Ltd (NS:UPLL) added 7.18% or 45.20 points to end at 674.60 and Hindalco Industries Ltd. (NS:HALC) was up 6.21% or 24.90 points to 426.00 in late trade.

Biggest losers included Shree Cements Ltd. (NS:SHCM), which lost 1.90% or 530.05 points to trade at 27309.95 in late trade. Britannia Industries Ltd (NS:BRIT) declined 1.37% or 47.45 points to end at 3413.80 and UltraTech Cement Ltd (NS:ULTC) shed 1.22% or 78.80 points to 6403.10.

The top performers on the BSE Sensex 30 were Larsen & Toubro Ltd (BO:LART) which rose 3.89% to 1395.10, Dr. Reddy’s Laboratories Ltd (BO:REDY) which was up 3.01% to settle at 5329.10 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which gained 2.74% to close at 698.15.

The worst performers were UltraTech Cement Ltd (BO:ULTC) which was down 1.22% to 6405.75 in late trade, Infosys Ltd (BO:INFY) which lost 0.95% to settle at 1339.50 and Reliance Industries Ltd (BO:RELI) which was down 0.29% to 1925.70 at the close.

Advancing stocks outnumbered falling ones by 1159 to 532 and 64 ended unchanged; on the Bombay Stock Exchange, 1969 rose and 1005 declined, while 209 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.87% to 20.2250.

In commodities trading, Gold Futures for June delivery was up 0.44% or 8.05 to $1839.35 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.51% or 0.33 to hit $65.23 a barrel, while the July Brent oil contract rose 0.63% or 0.43 to trade at $68.71 a barrel.

USD/INR was up 0.06% to 73.296, while EUR/INR rose 0.19% to 89.2120.

The US Dollar Index Futures was down 0.12% at 90.112.

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