Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

India stocks higher at close of trade; Nifty 50 up 0.07%

Published 10/10/2024, 06:30 AM
Updated 10/10/2024, 06:35 AM
© Reuters India stocks higher at close of trade; Nifty 50 up 0.07%
USD/INR
-
EUR/INR
-
GC
-
LCO
-
CL
-
NSEI
-
NIFVIX
-
BSESN
-
BSEPOWER
-
BSEBANK
-

Investing.com – India stocks were higher after the close on Thursday, as gains in the Banking, Power and Public Sector Undertakings sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.07%, while the BSE Sensex 30 index climbed 0.18%.

The best performers of the session on the Nifty 50 were Kotak Mahindra Bank Ltd. (NS:KTKM), which rose 4.18% or 75.30 points to trade at 1,876.10 at the close. Meanwhile, HDFC Bank Ltd (NS:HDBK) added 1.79% or 29.25 points to end at 1,662.40 and Maruti Suzuki India Ltd. (NS:MRTI) was up 1.44% or 183.40 points to 12,944.10 in late trade.

The worst performers of the session were Cipla Ltd. (NS:CIPL), which fell 3.67% or 61.60 points to trade at 1,618.90 at the close. Tech Mahindra Ltd (NS:TEML) declined 2.36% or 39.10 points to end at 1,619.70 and Sun Pharmaceutical Industries Ltd. (NS:SUN) was down 2.23% or 43.10 points to 1,887.75.

The top performers on the BSE Sensex 30 were Kotak Mahindra Bank Ltd. (BO:KTKM) which rose 3.90% to 1,870.85, JSW Steel Ltd (BO:JSTL) which was up 1.82% to settle at 1,013.10 and HDFC Bank Ltd (BO:HDBK) which gained 1.63% to close at 1,660.30.

The worst performers were Tech Mahindra Ltd (BO:TEML) which was down 2.82% to 1,612.00 in late trade, Sun Pharmaceutical Industries Ltd. (BO:SUN) which lost 1.90% to settle at 1,894.45 and Infosys Ltd (BO:INFY) which was down 1.68% to 1,921.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1303 to 1162 and 99 ended unchanged; on the Bombay Stock Exchange, 2159 rose and 1582 declined, while 121 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.66% to 13.47.

Gold Futures for December delivery was up 0.33% or 8.55 to $2,634.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.50% or 1.10 to hit $74.34 a barrel, while the December Brent oil contract rose 1.42% or 1.09 to trade at $77.67 a barrel.

USD/INR was up 0.02% to 83.97, while EUR/INR fell 0.02% to 91.83.

The US Dollar Index Futures was down 0.03% at 102.66.

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.