⏳ Final hours! Save up to 60% OFF InvestingProCLAIM SALE

India stocks higher at close of trade; Nifty 50 up 0.53%

Published 08/21/2020, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.53%
NSEI
-
NIFVIX
-
ASPN
-
BRTI
-
HALC
-
NTPC
-
ONGC
-
PGRD
-
TISC
-
ZEE
-
BSESN
-
BSEPOWER
-
BSEREAL
-
BSEBANK
-

Investing.com – India stocks were higher after the close on Friday, as gains in the Power, Real Estate and Banking sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.53%, while the BSE Sensex 30 index gained 0.56%.

The best performers of the session on the Nifty 50 were NTPC Ltd (NS:NTPC), which rose 5.00% or 5.05 points to trade at 106.15 at the close. Meanwhile, Power Grid Corporation of India Ltd (NS:PGRD) added 4.64% or 8.40 points to end at 189.60 and Asian Paints Ltd. (NS:ASPN) was up 4.27% or 80.10 points to 1955.00 in late trade.

The worst performers of the session were Zee Entertainment Enterprises Ltd. (NS:ZEE), which fell 3.74% or 7.45 points to trade at 192.00 at the close. Hindalco Industries Ltd. (NS:HALC) declined 1.61% or 3.20 points to end at 195.80 and Bharti Airtel Ltd. (NS:BRTI) was down 1.25% or 6.55 points to 519.00.

The top performers on the BSE Sensex 30 were NTPC Ltd (BO:NTPC) which rose 4.75% to 105.95, Power Grid Corporation of India Ltd (BO:PGRD) which was up 4.39% to settle at 189.05 and Asian Paints Ltd. (BO:ASPN) which gained 4.19% to close at 1953.90.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 1.24% to 519.00 in late trade, Oil And Natural Gas Corporation Ltd (BO:ONGC) which lost 1.16% to settle at 81.20 and Tata Steel Ltd (BO:TISC) which was down 0.81% to 428.90 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1071 to 550 and 71 ended unchanged; on the Bombay Stock Exchange, 1710 rose and 923 declined, while 143 ended unchanged.

Shares in Asian Paints Ltd. (NS:ASPN) rose to all time highs; gaining 4.27% or 80.10 to 1955.00. Shares in Asian Paints Ltd. (BO:ASPN) rose to all time highs; up 4.19% or 78.65 to 1953.90.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.30% to 19.9375 a new 3-months low.

Gold Futures for December delivery was down 0.39% or 7.60 to $1938.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.10% or 0.47 to hit $42.35 a barrel, while the October Brent oil contract fell 1.16% or 0.52 to trade at $44.38 a barrel.

USD/INR was down 0.11% to 74.933, while EUR/INR fell 0.69% to 88.3455.

The US Dollar Index Futures was up 0.46% at 93.203.

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.