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India shares higher at close of trade; Nifty 50 up 1.00%

Published 23/12/2020, 09:45 pm
© Reuters India shares higher at close of trade; Nifty 50 up 1.00%

Investing.com – India equities were higher at the close on Wednesday, as gains in the Real Estate, Metals and IT sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 1.00%, while the BSE Sensex 30 index gained 0.95%.

The biggest gainers of the session on the Nifty 50 were Wipro Ltd (NS:WIPR), which rose 5.70% or 20.75 points to trade at 384.95 at the close. Cipla Ltd. (NS:CIPL) added 3.76% or 29.90 points to end at 824.90 and Tata Steel Ltd (NS:TISC) was up 3.40% or 20.45 points to 621.80 in late trade.

Biggest losers included Hero MotoCorp Ltd (NS:HROM), which lost 0.95% or 29.10 points to trade at 3020.00 in late trade. Titan Company Ltd (NS:TITN) declined 0.52% or 7.80 points to end at 1491.00 and NTPC Ltd (NS:NTPC) shed 0.15% or 0.15 points to 98.75.

The top performers on the BSE Sensex 30 were Hindustan Unilever Ltd. (BO:HLL) which rose 2.75% to 2373.00, Infosys Ltd (BO:INFY) which was up 2.59% to settle at 1252.40 and Mahindra & Mahindra Ltd. (BO:MAHM) which gained 2.31% to close at 711.10.

The worst performers were Titan Company Ltd (BO:TITN) which was down 0.89% to 1489.00 in late trade, Power Grid Corporation of India Ltd (BO:PGRD) which lost 0.26% to settle at 190.00 and NTPC Ltd (BO:NTPC) which was down 0.15% to 98.75 at the close.

Advancing stocks outnumbered falling ones by 1462 to 205 and 44 ended unchanged; on the Bombay Stock Exchange, 2214 rose and 622 declined, while 140 ended unchanged on the India National Stock Exchange.

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The India VIX, which measures the implied volatility of Nifty 50 options, was down 6.78% to 20.4950.

In commodities trading, Gold Futures for February delivery was up 0.08% or 1.55 to $1871.85 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.21% or 0.10 to hit $47.12 a barrel, while the February Brent oil contract rose 0.22% or 0.11 to trade at $50.19 a barrel.

USD/INR was down 0.21% to 73.695, while EUR/INR fell 0.03% to 89.7795.

The US Dollar Index Futures was down 0.22% at 90.347.

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