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India stocks higher at close of trade; Nifty 50 up 0.02%

Published 12/04/2024, 05:30 AM
Updated 12/04/2024, 05:35 AM
© Reuters India stocks higher at close of trade; Nifty 50 up 0.02%
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Investing.com – India stocks were higher after the close on Wednesday, as gains in the Real Estate, Banking and Consumer Durables sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.02%, while the BSE Sensex 30 index climbed 0.11%.

The best performers of the session on the Nifty 50 were HDFC Life Insurance Company Ltd (NS:HDFL), which rose 2.56% or 16.25 points to trade at 650.25 at the close. Meanwhile, HDFC Bank Ltd (NS:HDBK) added 1.85% or 33.80 points to end at 1,860.10 and Apollo Hospitals Enterprises Ltd. (NS:APLH) was up 1.48% or 105.80 points to 7,232.35 in late trade.

The worst performers of the session were Bharti Airtel Ltd. (NS:BRTI), which fell 2.25% or 36.45 points to trade at 1,584.10 at the close. Cipla Ltd. (NS:CIPL) declined 2.15% or 33.05 points to end at 1,500.85 and Bajaj Auto Ltd (NS:BAJA) was down 1.78% or 162.65 points to 8,999.15.

The top performers on the BSE Sensex 30 were HDFC Bank Ltd (BO:HDBK) which rose 1.60% to 1,856.00, Bajaj Finserv Ltd (BO:BJFS) which was up 1.41% to settle at 1,630.00 and NTPC Ltd (BO:NTPC) which gained 1.36% to close at 372.50.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 2.17% to 1,584.50 in late trade, Tata Motors Ltd (BO:TAMO) which lost 1.63% to settle at 788.10 and Power Grid Corporation of India Ltd (BO:PGRD) which was down 1.36% to 325.25 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1460 to 1011 and 167 ended unchanged; on the Bombay Stock Exchange, 2290 rose and 1514 declined, while 96 ended unchanged.

Shares in HDFC Bank Ltd (NS:HDBK) rose to all time highs; rising 1.85% or 33.80 to 1,860.10. Shares in HDFC Bank Ltd (BO:HDBK) rose to all time highs; rising 1.60% or 29.15 to 1,856.00.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.85% to 14.49.

Gold Futures for February delivery was down 0.15% or 3.89 to $2,664.01 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.63% or 0.44 to hit $70.38 a barrel, while the February Brent oil contract rose 0.73% or 0.54 to trade at $74.16 a barrel.

USD/INR was up 0.07% to 84.74, while EUR/INR fell 0.03% to 88.97.

The US Dollar Index Futures was up 0.14% at 106.49.

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