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India stocks higher at close of trade; Nifty 50 up 0.42%

Published 11/28/2019, 05:45 AM
India stocks higher at close of trade; Nifty 50 up 0.42%
NSEI
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NIFVIX
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HROM
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HDFC
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ICBK
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INBK
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JSTL
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UPLL
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YESB
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ZEE
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INUS
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BSESN
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BSEMET
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BSEREAL
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BSEPSU
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TAMdv
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Investing.com – India stocks were higher after the close on Thursday, as gains in the Metals, Public Sector Undertakings and Real Estate sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.42% to hit a new all time high, while the BSE Sensex 30 index climbed 0.27%.

The best performers of the session on the Nifty 50 were Bharti Infratel Ltd (NS:BHRI), which rose 14.18% or 31.95 points to trade at 256.60 at the close. Meanwhile, UPL Ltd (NS:UPLL) added 5.46% or 30.15 points to end at 579.90 and JSW Steel Ltd (NS:JSTL) was up 4.17% or 10.55 points to 263.95 in late trade.

The worst performers of the session were Zee Entertainment Enterprises Ltd. (NS:ZEE), which fell 2.50% or 8.00 points to trade at 311.00 at the close. Hero MotoCorp Ltd (NS:HROM) declined 2.11% or 53.25 points to end at 2466.30 and Housing Development Finance Corporation Ltd (NS:HDFC) was down 1.22% or 28.40 points to 2309.75.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 2.68% to 1568.65, ICICI Bank Ltd (BO:ICBK) which was up 2.68% to settle at 519.20 and Yes Bank Ltd (BO:YESB) which gained 2.64% to close at 70.05.

The worst performers were Hero MotoCorp Ltd (BO:HROM) which was down 2.13% to 2467.80 in late trade, Tata Motors Ltd DVR (BO:TAMdv) which lost 1.21% to settle at 73.25 and Housing Development Finance Corporation Ltd (BO:HDFC) which was down 1.13% to 2309.85 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 831 to 739 and 61 ended unchanged; on the Bombay Stock Exchange, 1214 rose and 1154 declined, while 181 ended unchanged.

Shares in ICICI Bank Ltd (BO:ICBK) rose to all time highs; up 2.68% or 13.55 to 519.20.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.31% to 13.9875 a new 3-months low.

Gold Futures for February delivery was up 0.21% or 3.05 to $1463.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.46% or 0.27 to hit $57.84 a barrel, while the February Brent oil contract fell 0.27% or 0.17 to trade at $62.84 a barrel.

USD/INR was up 0.50% to 71.608, while EUR/INR rose 0.64% to 78.8615.

The US Dollar Index Futures was down 0.04% at 98.248.

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