India stocks higher at close of trade; Nifty 50 up 0.71%

imageStock Markets6 minutes ago (Jul 05, 2021 06:45AM ET)

(C) Reuters. India stocks higher at close of trade; Nifty 50 up 0.71% – India stocks were higher after the close on Monday, as gains in the Real Estate, Metals and Banking sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.71%, while the BSE Sensex 30 index climbed 0.75%.

The best performers of the session on the Nifty 50 were Hindalco Industries Ltd. (NS:HALC), which rose 3.80% or 14.30 points to trade at 390.35 at the close. Meanwhile, Oil And Natural Gas Corporation Ltd (NS:ONGC) added 2.36% or 2.80 points to end at 121.25 and State Bank Of India (NS:SBI) was up 1.94% or 8.25 points to 432.65 in late trade.

The worst performers of the session were HDFC Life Insurance Company Ltd (NS:HDFL), which fell 1.40% or 9.60 points to trade at 677.90 at the close. Tech Mahindra Ltd (NS:TEML) declined 1.35% or 14.75 points to end at 1074.65 and Bharat Petroleum Corp. Ltd. (NS:BPCL) was down 0.66% or 3.05 points to 459.70.

The top performers on the BSE Sensex 30 were State Bank Of India (BO:SBI) which rose 1.92% to 432.70, Tata Steel Ltd (BO:TISC) which was up 1.84% to settle at 1156.80 and Larsen & Toubro Ltd (BO:LART) which gained 1.47% to close at 1507.70.

The worst performers were Tech Mahindra Ltd (BO:TEML) which was down 1.34% to 1074.80 in late trade, Dr. Reddy’s Laboratories Ltd (BO:REDY) which lost 0.65% to settle at 5537.90 and HCL Technologies Ltd (BO:HCLT) which was down 0.44% to 980.55 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1181 to 546 and 46 ended unchanged; on the Bombay Stock Exchange, 2125 rose and 1055 declined, while 154 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.19% to 12.0675 a new 52-week low.

Gold Futures for August delivery was up 0.48% or 8.60 to $1791.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.29% or 0.22 to hit $75.38 a barrel, while the September Brent oil contract rose 0.28% or 0.21 to trade at $76.38 a barrel.

USD/INR was down 0.29% to 74.296, while EUR/INR fell 0.14% to 88.2445.

The US Dollar Index Futures was down 0.28% at 92.157.

India stocks higher at close of trade; Nifty 50 up 0.71%

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.