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India shares higher at close of trade; Nifty 50 up 1.40%

Published 27/04/2020, 08:45 pm
© Reuters.  India shares higher at close of trade; Nifty 50 up 1.40%
NSEI
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NIFVIX
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AXBK
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BJFS
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BRIT
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HDBK
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INBK
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KTKM
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MAHM
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NTPC
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BSESN
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BSESCGIP
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BSEREAL
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BSEBANK
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Investing.com – India equities were higher at the close on Monday, as gains in the Banking, Real Estate and Fast Moving Consumer Goods sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 1.40%, while the BSE Sensex 30 index added 1.33%.

The biggest gainers of the session on the Nifty 50 were Britannia Industries Ltd (NS:BRIT), which rose 7.02% or 214.85 points to trade at 3277.00 at the close. IndusInd Bank Ltd. (NS:INBK) added 6.56% or 25.10 points to end at 408.00 and Bajaj Finserv Ltd (NS:BJFS) was up 6.19% or 271.80 points to 4661.60 in late trade.

Biggest losers included NTPC Ltd (NS:NTPC), which lost 1.12% or 1.05 points to trade at 92.35 in late trade. HDFC Bank Ltd (NS:HDBK) declined 0.86% or 8.10 points to end at 929.95 and Mahindra & Mahindra Ltd. (NS:MAHM) shed 0.82% or 2.75 points to 331.55.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 6.33% to 407.35, AXIS Bank Ltd. (BO:AXBK) which was up 5.74% to settle at 427.30 and Kotak Mahindra Bank Ltd. (BO:KTKM) which gained 5.38% to close at 1306.90.

The worst performers were NTPC Ltd (BO:NTPC) which was down 1.13% to 92.25 in late trade, Mahindra & Mahindra Ltd. (BO:MAHM) which lost 1.12% to settle at 330.50 and HDFC Bank Ltd (BO:HDBK) which was down 0.83% to 929.85 at the close.

Advancing stocks outnumbered falling ones by 885 to 618 and 110 ended unchanged; on the Bombay Stock Exchange, 1234 rose and 1044 declined, while 172 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.75% to 38.0425 a new 1-month low.

In commodities trading, Gold Futures for June delivery was down 0.04% or 0.65 to $1734.95 a troy ounce. Meanwhile, Crude oil for delivery in June fell 15.88% or 2.69 to hit $14.25 a barrel, while the July Brent oil contract fell 3.95% or 0.98 to trade at $23.83 a barrel.

USD/INR was down 0.12% to 76.166, while EUR/INR rose 0.20% to 82.6750.

The US Dollar Index Futures was down 0.55% at 99.877.

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