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

Published 06/20/2022, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.37%
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Investing.com – India stocks were higher after the close on Monday, as gains in the Fast Moving Consumer Goods, Technology and IT sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.37%, while the BSE Sensex 30 index gained 0.46%.

The best performers of the session on the Nifty 50 were Hindustan Unilever Ltd. (NS:HLL), which rose 4.05% or 85.45 points to trade at 2,195.90 at the close. Meanwhile, Housing Development Finance Corporation Ltd (NS:HDFC) added 4.02% or 82.55 points to end at 2,135.25 and Asian Paints Ltd. (NS:ASPN) was up 3.12% or 80.50 points to 2,660.70 in late trade.

The worst performers of the session were Tata Steel Ltd (NS:TISC), which fell 5.00% or 45.30 points to trade at 861.40 at the close. Oil And Natural Gas Corporation Ltd (NS:ONGC) declined 4.98% or 7.05 points to end at 134.40 and UPL Ltd (NS:UPLL) was down 3.71% or 24.70 points to 640.45.

The top performers on the BSE Sensex 30 were Housing Development Finance Corporation Ltd (BO:HDFC) which rose 3.97% to 2,134.25, Hindustan Unilever Ltd. (BO:HLL) which was up 3.95% to settle at 2,195.95 and Asian Paints Ltd. (BO:ASPN) which gained 2.96% to close at 2,659.55.

The worst performers were Tata Steel Ltd (BO:TISC) which was down 5.03% to 861.20 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 2.92% to settle at 783.35 and NTPC Ltd (BO:NTPC) which was down 2.17% to 137.40 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1623 to 250 and 31 ended unchanged; on the Bombay Stock Exchange, 2666 fell and 636 advanced, while 162 ended unchanged.

Shares in Tata Steel Ltd (NS:TISC) fell to 52-week lows; losing 5.00% or 45.30 to 861.40. Shares in Tata Steel Ltd (BO:TISC) fell to 52-week lows; falling 5.03% or 45.65 to 861.20. Shares in IndusInd Bank Ltd. (BO:INBK) fell to 52-week lows; down 2.92% or 23.60 to 783.35.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.52% to 22.41.

Gold Futures for August delivery was up 0.01% or 0.25 to $1,840.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.02% or 0.02 to hit $107.97 a barrel, while the August Brent oil contract fell 0.35% or 0.40 to trade at $112.72 a barrel.

USD/INR was up 0.01% to 77.96, while EUR/INR rose 0.39% to 82.13.

The US Dollar Index Futures was down 0.40% at 104.07.

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