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

Published 29/04/2024, 08:30 pm
© Reuters India shares higher at close of trade; Nifty 50 up 1.00%

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

At the close in NSE, the Nifty 50 gained 1.00%, while the BSE Sensex 30 index added 1.28%.

The biggest gainers of the session on the Nifty 50 were ICICI Bank Ltd (NS:ICBK), which rose 4.38% or 48.50 points to trade at 1,156.40 at the close. IndusInd Bank Ltd. (NS:INBK) added 2.96% or 42.85 points to end at 1,489.25 and State Bank Of India (NS:SBI) was up 2.96% or 23.70 points to 825.00 in late trade.

Biggest losers included HCL Technologies Ltd (NS:HCLT), which lost 5.81% or 85.65 points to trade at 1,388.20 in late trade. Apollo Hospitals Enterprises Ltd. (NS:APLH) declined 4.76% or 297.60 points to end at 5,961.00 and Bajaj Auto Ltd (NS:BAJA) shed 2.28% or 204.30 points to 8,770.00.

The top performers on the BSE Sensex 30 were ICICI Bank Ltd (BO:ICBK) which rose 4.49% to 1,156.90, IndusInd Bank Ltd. (BO:INBK) which was up 3.05% to settle at 1,489.90 and UltraTech Cement Ltd (BO:ULTC) which gained 2.93% to close at 9,984.00.

The worst performers were HCL Technologies Ltd (BO:HCLT) which was down 5.74% to 1,387.75 in late trade, LTIMindtree Ltd (BO:LTIM) which lost 0.82% to settle at 4,750.10 and ITC Ltd (BO:ITC) which was down 0.63% to 437.20 at the close.

Advancing stocks outnumbered falling ones by 1124 to 1096 and 54 ended unchanged; on the Bombay Stock Exchange, 1939 rose and 1830 declined, while 169 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 11.99% to 12.23.

In commodities trading, Gold Futures for June delivery was up 0.29% or 6.75 to $2,353.95 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.25% or 0.21 to hit $83.64 a barrel, while the July Brent oil contract fell 0.31% or 0.27 to trade at $87.94 a barrel.

USD/INR was up 0.07% to 83.46, while EUR/INR rose 0.30% to 89.44.

The US Dollar Index Futures was down 0.24% at 105.54.

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