Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

India shares higher at close of trade; Nifty 50 up 1.43%

Published 18/07/2022, 08:45 pm
Updated 18/07/2022, 08:45 pm
© Reuters India shares higher at close of trade; Nifty 50 up 1.43% – India equities were higher at the close on Monday, as gains in the IT, Technology and Metals sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 1.43% to hit a new 1-month high, while the BSE Sensex 30 index gained 1.41%.

The biggest gainers of the session on the Nifty 50 were Hindalco Industries Ltd. (NS:HALC), which rose 4.72% or 16.55 points to trade at 367.10 at the close. IndusInd Bank Ltd. (NS:INBK) added 4.29% or 34.95 points to end at 850.00 and Infosys Ltd (NS:INFY) was up 4.16% or 59.55 points to 1,489.90 in late trade.

Biggest losers included Britannia Industries Ltd (NS:BRIT), which lost 1.92% or 73.95 points to trade at 3,774.95 in late trade. Dr. Reddy’s Laboratories Ltd (NS:REDY) declined 1.76% or 79.90 points to end at 4,466.10 and HDFC Bank Ltd (NS:HDBK) shed 1.06% or 14.50 points to 1,347.55.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 4.36% to 850.70, Infosys Ltd (BO:INFY) which was up 4.16% to settle at 1,490.05 and Tech Mahindra Ltd (BO:TEML) which gained 3.72% to close at 1,010.50.

The worst performers were Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 1.70% to 4,465.70 in late trade, HDFC Bank Ltd (BO:HDBK) which lost 1.19% to settle at 1,347.65 and Mahindra & Mahindra Ltd. (BO:MAHM) which was down 0.86% to 1,163.05 at the close.

Advancing stocks outnumbered falling ones by 1368 to 476 and 61 ended unchanged; on the Bombay Stock Exchange, 2249 rose and 1074 declined, while 161 ended unchanged on the India National Stock Exchange.

3rd party Ad. Not an offer or recommendation by See disclosure here or remove ads .

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.49% to 17.16 a new 6-month low.

In commodities trading, Gold Futures for August delivery was up 0.62% or 10.60 to $1,714.20 a troy ounce. Meanwhile, Crude oil for delivery in September rose 1.84% or 1.74 to hit $96.31 a barrel, while the September Brent oil contract rose 2.06% or 2.08 to trade at $103.24 a barrel.

USD/INR was up 0.21% to 79.96, while EUR/INR rose 0.92% to 81.19.

The US Dollar Index Futures was down 0.65% at 107.21.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.