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India stocks higher at close of trade; Nifty 50 up 0.27%

Published 11/28/2022, 05:45 AM
India stocks higher at close of trade; Nifty 50 up 0.27%

Investing.com – India stocks were higher after the close on Monday, as gains in the Oil & Gas, Auto and Public Sector Undertakings sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.27% to hit a new all time high, while the BSE Sensex 30 index added 0.34%.

The best performers of the session on the Nifty 50 were Bharat Petroleum Corp. Ltd. (NS:BPCL), which rose 5.02% or 16.30 points to trade at 340.75 at the close. Meanwhile, Reliance Industries Ltd (NS:RELI) added 3.44% or 89.95 points to end at 2,707.55 and Hero MotoCorp Ltd (NS:HROM) was up 2.78% or 75.35 points to 2,783.50 in late trade.

The worst performers of the session were Hindalco Industries Ltd. (NS:HALC), which fell 2.16% or 9.50 points to trade at 431.15 at the close. JSW Steel Ltd (NS:JSTL) declined 1.45% or 10.55 points to end at 715.65 and Apollo Hospitals Enterprises Ltd. (NS:APLH) was down 1.41% or 67.60 points to 4,721.85.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 3.48% to 2,708.05, Nestle India Ltd (BO:NEST) which was up 1.41% to settle at 19,802.35 and Asian Paints Ltd. (BO:ASPN) which gained 1.38% to close at 3,150.00.

The worst performers were Tata Steel Ltd (BO:TISC) which was down 1.22% to 104.90 in late trade, Bharti Airtel Ltd (BO:BRTI) which lost 1.10% to settle at 837.45 and HDFC Bank Ltd (BO:HDBK) which was down 1.08% to 1,599.75 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1121 to 778 and 82 ended unchanged; on the Bombay Stock Exchange, 2008 rose and 1473 declined, while 177 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.74% to 13.56.

Gold Futures for December delivery was up 0.53% or 9.35 to $1,763.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 3.08% or 2.35 to hit $73.93 a barrel, while the February Brent oil contract fell 3.12% or 2.61 to trade at $81.10 a barrel.

USD/INR was down 0.13% to 81.58, while EUR/INR rose 0.67% to 85.48.

The US Dollar Index Futures was down 0.49% at 105.39.

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