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India stocks higher at close of trade; Nifty 50 up 0.38%

Published 01/07/2022, 05:45 AM
© Reuters India stocks higher at close of trade; Nifty 50 up 0.38%
NSEI
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NIFVIX
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ASPN
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BJFN
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BJFS
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GRAS
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HALC
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LART
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MAHM
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ONGC
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TCS
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NEST
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BSESN
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BSESCGIP
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BSEOIL
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BSEBANK
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Investing.com – India stocks were higher after the close on Friday, as gains in the Oil & Gas, Banking and Fast Moving Consumer Goods sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.38%, while the BSE Sensex 30 index climbed 0.24%.

The best performers of the session on the Nifty 50 were Grasim Industries Ltd (NS:GRAS), which rose 4.48% or 77.10 points to trade at 1797.65 at the close. Meanwhile, Oil And Natural Gas Corporation Ltd (NS:ONGC) added 4.14% or 6.25 points to end at 157.05 and Hindalco Industries Ltd. (NS:HALC) was up 3.01% or 14.40 points to 493.50 in late trade.

The worst performers of the session were Bajaj Finserv Ltd (NS:BJFS), which fell 1.46% or 262.90 points to trade at 17723.60 at the close. Mahindra & Mahindra Ltd. (NS:MAHM) declined 1.29% or 10.85 points to end at 829.00 and Bajaj Finance Ltd (NS:BJFN) was down 1.15% or 88.90 points to 7659.35.

The top performers on the BSE Sensex 30 were Asian Paints Ltd. (BO:ASPN) which rose 1.79% to 3576.45, Tata Consultancy Services Ltd. (BO:TCS) which was up 1.26% to settle at 3854.85 and Nestle India Ltd (BO:NEST) which gained 1.23% to close at 19888.75.

The worst performers were Bajaj Finserv Ltd (BO:BJFS) which was down 1.39% to 17736.00 in late trade, Mahindra & Mahindra Ltd. (BO:MAHM) which lost 1.31% to settle at 828.95 and Larsen & Toubro Ltd (BO:LART) which was down 1.06% to 1904.75 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1012 to 777 and 32 ended unchanged; on the Bombay Stock Exchange, 2022 rose and 1276 declined, while 79 ended unchanged.

Shares in Asian Paints Ltd. (BO:ASPN) rose to all time highs; gaining 1.79% or 62.75 to 3576.45.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.09% to 17.6025.

Gold Futures for February delivery was up 0.11% or 2.00 to $1791.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.13% or 0.90 to hit $80.36 a barrel, while the March Brent oil contract rose 1.09% or 0.89 to trade at $82.88 a barrel.

USD/INR was down 0.14% to 74.315, while EUR/INR rose 0.04% to 84.0140.

The US Dollar Index Futures was down 0.16% at 96.175.

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