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

Published 12/17/2020, 05:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.42%
NSEI
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BJFN
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HDBK
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HALC
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HDFC
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ONGC
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Investing.com – India stocks were higher after the close on Thursday, as gains in the Capital Goods, Real Estate and Banking 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 gained 0.48%.

The best performers of the session on the Nifty 50 were Bajaj Finance Ltd (NS:BJFN), which rose 2.72% or 140.10 points to trade at 5286.70 at the close. Meanwhile, Housing Development Finance Corporation Ltd (NS:HDFC) added 2.70% or 65.45 points to end at 2490.10 and HDFC Bank Ltd (NS:HDBK) was up 2.20% or 31.10 points to 1441.80 in late trade.

The worst performers of the session were Zee Entertainment Enterprises Ltd. (NS:ZEE), which fell 2.59% or 6.00 points to trade at 225.90 at the close. Hindalco Industries Ltd. (NS:HALC) declined 2.23% or 5.60 points to end at 245.85 and Adani Port and Special Economic Zone Ltd (NS:APSE) was down 1.64% or 7.80 points to 467.75.

The top performers on the BSE Sensex 30 were Housing Development Finance Corporation Ltd (BO:HDFC) which rose 2.72% to 2490.10, Bajaj Finance Ltd (BO:BJFN) which was up 2.38% to settle at 5265.80 and HDFC Bank Ltd (BO:HDBK) which gained 1.97% to close at 1438.60.

The worst performers were Maruti Suzuki India Ltd. (BO:MRTI) which was down 1.65% to 7672.00 in late trade, Oil And Natural Gas Corporation Ltd (BO:ONGC) which lost 1.55% to settle at 101.50 and Power Grid Corporation of India Ltd (BO:PGRD) which was down 1.38% to 193.50 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 983 to 690 and 49 ended unchanged; on the Bombay Stock Exchange, 1535 fell and 1321 advanced, while 164 ended unchanged.

Shares in Bajaj Finance Ltd (NS:BJFN) rose to all time highs; up 2.72% or 140.10 to 5286.70. Shares in HDFC Bank Ltd (NS:HDBK) rose to all time highs; up 2.20% or 31.10 to 1441.80. Shares in Bajaj Finance Ltd (BO:BJFN) rose to all time highs; up 2.38% or 122.30 to 5265.80.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.22% to 19.1575.

Gold Futures for February delivery was up 1.11% or 20.55 to $1879.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.42% or 0.20 to hit $48.02 a barrel, while the February Brent oil contract rose 0.33% or 0.17 to trade at $51.25 a barrel.

USD/INR was down 0.10% to 73.560, while EUR/INR rose 0.14% to 89.9305.

The US Dollar Index Futures was down 0.52% at 89.888.

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