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India shares higher at close of trade; Nifty 50 up 0.90%

Published 26/05/2022, 08:45 pm
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.90%
NSEI
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NIFVIX
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APLH
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DIVI
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HDBK
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ITC
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JSTL
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RELI
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SBI
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SUN
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TISC
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UPLL
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BSESN
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BSEMET
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BSEREAL
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BSEBANK
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Investing.com – India equities were higher at the close on Thursday, as gains in the Metals, Banking and Real Estate sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.90%, while the BSE Sensex 30 index climbed 0.94%.

The biggest gainers of the session on the Nifty 50 were Tata Steel Ltd (NS:TISC), which rose 5.29% or 52.90 points to trade at 1,052.00 at the close. JSW Steel Ltd (NS:JSTL) added 4.40% or 23.25 points to end at 551.70 and Apollo Hospitals Enterprises Ltd. (NS:APLH) was up 3.93% or 138.50 points to 3,662.80 in late trade.

Biggest losers included ITC Ltd (NS:ITC), which lost 2.20% or 6.00 points to trade at 266.70 in late trade. UPL Ltd (NS:UPLL) declined 2.17% or 16.55 points to end at 747.45 and Divi's Laboratories Ltd. (NS:DIVI) shed 2.01% or 70.65 points to 3,448.70.

The top performers on the BSE Sensex 30 were Tata Steel Ltd (BO:TISC) which rose 5.27% to 1,051.85, State Bank Of India (BO:SBI) which was up 3.26% to settle at 469.00 and HDFC Bank Ltd (BO:HDBK) which gained 2.96% to close at 1,367.70.

The worst performers were ITC Ltd (BO:ITC) which was down 2.13% to 266.85 in late trade, Sun Pharmaceutical Industries Ltd. (BO:SUN) which lost 1.16% to settle at 900.55 and Reliance Industries Ltd (BO:RELI) which was down 0.91% to 2,587.45 at the close.

Advancing stocks outnumbered falling ones by 1039 to 801 and 40 ended unchanged; on the Bombay Stock Exchange, 1666 rose and 1526 declined, while 127 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 10.15% to 22.72.

In commodities trading, Gold Futures for June delivery was down 0.09% or 1.73 to $1,844.57 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.95% or 1.05 to hit $111.38 a barrel, while the August Brent oil contract rose 0.63% or 0.70 to trade at $111.82 a barrel.

USD/INR was up 0.12% to 77.54, while EUR/INR rose 0.44% to 83.14.

The US Dollar Index Futures was down 0.26% at 101.81.

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