👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

India stocks higher at close of trade; Nifty 50 up 0.44%

Published 05/21/2020, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.44%
NSEI
-
NIFVIX
-
ASPN
-
BJFN
-
BJFS
-
HROM
-
HALC
-
INBK
-
ITC
-
NTPC
-
BSESN
-
BSEAUTO
-
BSESCGIP
-
BSEMET
-

Investing.com – India stocks were higher after the close on Thursday, as gains in the Auto, Metals and Fast Moving Consumer Goods sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.44%, while the BSE Sensex 30 index climbed 0.37%.

The best performers of the session on the Nifty 50 were ITC Ltd (NS:ITC), which rose 7.08% or 12.45 points to trade at 188.20 at the close. Meanwhile, Hindalco Industries Ltd. (NS:HALC) added 5.79% or 7.00 points to end at 127.80 and Asian Paints Ltd. (NS:ASPN) was up 5.16% or 77.45 points to 1577.50 in late trade.

The worst performers of the session were Bajaj Finserv Ltd (NS:BJFS), which fell 3.60% or 169.45 points to trade at 4532.60 at the close. Bajaj Finance Ltd (NS:BJFN) declined 2.90% or 59.30 points to end at 1983.50 and NTPC Ltd (NS:NTPC) was down 2.85% or 2.65 points to 90.25.

The top performers on the BSE Sensex 30 were ITC Ltd (BO:ITC) which rose 7.48% to 188.90, Asian Paints Ltd. (BO:ASPN) which was up 5.05% to settle at 1576.25 and Hero MotoCorp Ltd (BO:HROM) which gained 3.93% to close at 2103.05.

The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 2.91% to 346.95 in late trade, NTPC Ltd (BO:NTPC) which lost 2.80% to settle at 90.30 and Bajaj Finance Ltd (BO:BJFN) which was down 2.65% to 1988.85 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 918 to 569 and 100 ended unchanged; on the Bombay Stock Exchange, 1269 rose and 864 declined, while 169 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 7.89% to 32.9850 a new 1-month low.

Gold Futures for June delivery was down 1.00% or 17.45 to $1734.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 2.18% or 0.73 to hit $34.22 a barrel, while the July Brent oil contract rose 1.96% or 0.70 to trade at $36.45 a barrel.

USD/INR was down 0.03% to 75.529, while EUR/INR rose 0.00% to 82.9350.

The US Dollar Index Futures was up 0.10% at 99.237.

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.