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India stocks higher at close of trade; Nifty 50 up 0.25%

Published 01/13/2022, 05:45 AM
© Reuters India stocks higher at close of trade; Nifty 50 up 0.25%
NSEI
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ASPN
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HDBK
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Investing.com – India stocks were higher after the close on Thursday, as gains in the Metals, Capital Goods and Power sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.25% to hit a new 1-month high, while the BSE Sensex 30 index gained 0.14%.

The best performers of the session on the Nifty 50 were Tata Steel Ltd (NS:TISC), which rose 6.45% or 73.95 points to trade at 1221.15 at the close. Meanwhile, JSW Steel Ltd (NS:JSTL) added 4.69% or 30.80 points to end at 687.85 and Sun Pharmaceutical Industries Ltd. (NS:SUN) was up 3.50% or 29.30 points to 865.50 in late trade.

The worst performers of the session were Wipro Ltd (NS:WIPR), which fell 6.02% or 41.60 points to trade at 649.75 at the close. Asian Paints Ltd. (NS:ASPN) declined 2.47% or 87.55 points to end at 3456.25 and HDFC Bank Ltd (NS:HDBK) was down 1.84% or 28.65 points to 1528.00.

The top performers on the BSE Sensex 30 were Tata Steel Ltd (BO:TISC) which rose 6.40% to 1220.60, Sun Pharmaceutical Industries Ltd. (BO:SUN) which was up 3.53% to settle at 865.75 and Larsen & Toubro Ltd (BO:LART) which gained 2.30% to close at 2018.10.

The worst performers were Wipro Ltd (BO:WIPR) which was down 6.00% to 649.85 in late trade, Asian Paints Ltd. (BO:ASPN) which lost 2.47% to settle at 3456.75 and HDFC Bank Ltd (BO:HDBK) which was down 1.81% to 1528.35 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 928 to 867 and 28 ended unchanged; on the Bombay Stock Exchange, 1659 rose and 1641 declined, while 79 ended unchanged.

Shares in Sun Pharmaceutical Industries Ltd. (NS:SUN) rose to 5-year highs; up 3.50% or 29.30 to 865.50. Shares in Sun Pharmaceutical Industries Ltd. (BO:SUN) rose to 5-year highs; rising 3.53% or 29.55 to 865.75. Shares in Larsen & Toubro Ltd (BO:LART) rose to all time highs; rising 2.30% or 45.30 to 2018.10.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.78% to 16.7050.

Gold Futures for February delivery was down 0.31% or 5.65 to $1821.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.05% or 0.04 to hit $82.68 a barrel, while the March Brent oil contract rose 0.15% or 0.13 to trade at $84.80 a barrel.

USD/INR was up 0.21% to 73.923, while EUR/INR rose 0.37% to 84.7295.

The US Dollar Index Futures was down 0.09% at 94.820.

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