NVDA Q3 Earnings Alert: Why our AI stock picker is still holding Nvidia stockRead More

India stocks higher at close of trade; Nifty 50 up 0.37%

Published 04/08/2021, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.37%
NSEI
-
NIFVIX
-
INBK
-
JSTL
-
ONGC
-
SHCM
-
SUN
-
TISC
-
TEML
-
TITN
-
ULTC
-
BSESN
-
BSECD
-
BSESITIP
-
BSEMET
-
SBIL
-

Investing.com – India stocks were higher after the close on Thursday, as gains in the Metals, Consumer Durables and IT sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.37%, while the BSE Sensex 30 index climbed 0.17%.

The best performers of the session on the Nifty 50 were JSW Steel Ltd (NS:JSTL), which rose 9.21% or 51.80 points to trade at 614.10 at the close. Meanwhile, Tata Steel Ltd (NS:TISC) added 4.98% or 43.55 points to end at 918.40 and Shree Cements Ltd. (NS:SHCM) was up 4.47% or 1352.00 points to 31582.65 in late trade.

The worst performers of the session were IndusInd Bank Ltd. (NS:INBK), which fell 1.13% or 10.65 points to trade at 934.90 at the close. SBI Life Insurance Company Ltd (NS:SBIL) declined 1.09% or 10.00 points to end at 908.50 and Sun Pharmaceutical Industries Ltd. (NS:SUN) was down 1.09% or 6.80 points to 614.25.

The top performers on the BSE Sensex 30 were UltraTech Cement Ltd (BO:ULTC) which rose 4.24% to 7042.95, Titan Company Ltd (BO:TITN) which was up 3.95% to settle at 1573.75 and Tech Mahindra Ltd (BO:TEML) which gained 2.52% to close at 1028.30.

The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 1.07% to 935.35 in late trade, Oil And Natural Gas Corporation Ltd (BO:ONGC) which lost 1.05% to settle at 103.55 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 1.05% to 614.30 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1070 to 584 and 70 ended unchanged; on the Bombay Stock Exchange, 1786 rose and 1022 declined, while 158 ended unchanged.

Shares in JSW Steel Ltd (NS:JSTL) rose to all time highs; rising 9.21% or 51.80 to 614.10. Shares in Tata Steel Ltd (NS:TISC) rose to all time highs; gaining 4.98% or 43.55 to 918.40. Shares in Shree Cements Ltd. (NS:SHCM) rose to all time highs; gaining 4.47% or 1352.00 to 31582.65. Shares in UltraTech Cement Ltd (BO:ULTC) rose to all time highs; gaining 4.24% or 286.50 to 7042.95.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.32% to 20.3125.

Gold Futures for June delivery was up 0.31% or 5.35 to $1746.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.75% or 0.45 to hit $59.32 a barrel, while the June Brent oil contract fell 0.57% or 0.36 to trade at $62.80 a barrel.

USD/INR was up 0.31% to 74.581, while EUR/INR rose 0.26% to 88.4830.

The US Dollar Index Futures was down 0.06% at 92.418.

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.