India stocks higher at close of trade; Nifty 50 up 1.44%

imageStock Markets8 minutes ago (Apr 28, 2021 06:45AM ET)

(C) Reuters India stocks higher at close of trade; Nifty 50 up 1.44% – India stocks were higher after the close on Wednesday, as gains in the Banking, Auto and Public Sector Undertakings sectors led shares higher.

At the close in NSE, the Nifty 50 added 1.44%, while the BSE Sensex 30 index climbed 1.61%.

The best performers of the session on the Nifty 50 were Bajaj Finance Ltd (NS:BJFN), which rose 8.55% or 415.85 points to trade at 5280.90 at the close. Meanwhile, Eicher Motors Ltd. (NS:EICH) added 5.05% or 121.10 points to end at 2521.20 and IndusInd Bank Ltd. (NS:INBK) was up 5.04% or 44.45 points to 926.90 in late trade.

The worst performers of the session were Britannia Industries Ltd (NS:BRIT), which fell 1.76% or 62.45 points to trade at 3478.75 at the close. Hindalco Industries Ltd. (NS:HALC) declined 1.00% or 3.65 points to end at 362.60 and HDFC Life Insurance Company Ltd (NS:HDFL) was down 0.91% or 6.15 points to 672.60.

The top performers on the BSE Sensex 30 were Bajaj Finance Ltd (BO:BJFN) which rose 8.32% to 5279.15, IndusInd Bank Ltd. (BO:INBK) which was up 5.08% to settle at 927.05 and Bajaj Finserv Ltd (BO:BJFS) which gained 4.06% to close at 10494.95.

The worst performers were Nestle India Ltd (BO:NEST) which was down 0.96% to 16622.00 in late trade, HCL Technologies Ltd (BO:HCLT) which lost 0.55% to settle at 923.80 and Larsen & Toubro Ltd (BO:LART) which was down 0.38% to 1375.05 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1044 to 598 and 69 ended unchanged; on the Bombay Stock Exchange, 1690 rose and 1155 declined, while 172 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.18% to 22.5800.

Gold Futures for June delivery was down 0.71% or 12.70 to $1766.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.29% or 0.18 to hit $63.12 a barrel, while the July Brent oil contract rose 0.26% or 0.17 to trade at $66.04 a barrel.

USD/INR was down 0.24% to 74.398, while EUR/INR fell 0.42% to 89.7805.

The US Dollar Index Futures was up 0.15% at 91.028.

India stocks higher at close of trade; Nifty 50 up 1.44%

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