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

Published 05/10/2024, 06:30 AM
© Reuters India stocks higher at close of trade; Nifty 50 up 0.44%

Investing.com – India stocks were higher after the close on Friday, as gains in the Power, Oil & Gas and Metals sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.44%, while the BSE Sensex 30 index climbed 0.36%.

The best performers of the session on the Nifty 50 were Bharat Petroleum Corp. Ltd. (NS:BPCL), which rose 4.38% or 25.95 points to trade at 618.10 at the close. Meanwhile, Power Grid Corporation of India Ltd (NS:PGRD) added 2.45% or 7.25 points to end at 303.40 and NTPC Ltd (NS:NTPC) was up 2.41% or 8.35 points to 354.40 in late trade.

The worst performers of the session were Tata Consultancy Services Ltd. (NS:TCS), which fell 1.65% or 65.20 points to trade at 3,895.00 at the close. Cipla Ltd. (NS:CIPL) declined 1.38% or 18.80 points to end at 1,340.00 and LTIMindtree Ltd (NS:LTIM) was down 1.27% or 59.00 points to 4,599.00.

The top performers on the BSE Sensex 30 were Power Grid Corporation of India Ltd (BO:PGRD) which rose 2.55% to 303.65, NTPC Ltd (BO:NTPC) which was up 2.51% to settle at 354.70 and Asian Paints Ltd. (BO:ASPN) which gained 2.22% to close at 2,771.15.

The worst performers were Tata Consultancy Services Ltd. (BO:TCS) which was down 1.68% to 3,893.70 in late trade, LTIMindtree Ltd (BO:LTIM) which lost 1.27% to settle at 4,600.00 and Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 1.17% to 1,623.10 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1349 to 827 and 62 ended unchanged; on the Bombay Stock Exchange, 2105 rose and 1548 declined, while 119 ended unchanged.

Shares in LTIMindtree Ltd (NS:LTIM) fell to 52-week lows; down 1.27% or 59.00 to 4,599.00. Shares in LTIMindtree Ltd (BO:LTIM) fell to 52-week lows; falling 1.27% or 59.35 to 4,600.00.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.50% to 18.47 a new 52-week high.

Gold Futures for June delivery was up 1.80% or 42.10 to $2,382.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.68% or 0.54 to hit $79.80 a barrel, while the July Brent oil contract rose 0.57% or 0.48 to trade at $84.36 a barrel.

USD/INR was up 0.06% to 83.50, while EUR/INR rose 0.02% to 90.00.

The US Dollar Index Futures was up 0.02% at 105.13.

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