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India stocks higher at close of trade; Nifty 50 up 0.57%

Published 05/08/2020, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.57%
NSEI
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MAHM
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NTPC
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YESB
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Investing.com – India stocks were higher after the close on Friday, as gains in the Fast Moving Consumer Goods, Healthcare and Technology sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.57%, while the BSE Sensex 30 index added 0.63%.

The best performers of the session on the Nifty 50 were Hindustan Unilever Ltd. (NS:HLL), which rose 4.31% or 85.80 points to trade at 2077.85 at the close. Meanwhile, Sun Pharmaceutical Industries Ltd. (NS:SUN) added 3.94% or 17.80 points to end at 470.00 and Tech Mahindra Ltd (NS:TEML) was up 3.66% or 18.90 points to 535.25 in late trade.

The worst performers of the session were Yes Bank Ltd (NS:YESB), which fell 4.09% or 1.15 points to trade at 26.95 at the close. NTPC Ltd (NS:NTPC) declined 3.70% or 3.35 points to end at 87.10 and Mahindra & Mahindra Ltd. (NS:MAHM) was down 3.66% or 14.65 points to 386.00.

The top performers on the BSE Sensex 30 were Hindustan Unilever Ltd. (BO:HLL) which rose 4.81% to 2088.35, Nestle India Ltd (BO:NEST) which was up 3.89% to settle at 17799.95 and Tech Mahindra Ltd (BO:TEML) which gained 3.77% to close at 535.50.

The worst performers were NTPC Ltd (BO:NTPC) which was down 3.98% to 86.90 in late trade, Mahindra & Mahindra Ltd. (BO:MAHM) which lost 3.87% to settle at 385.25 and AXIS Bank Ltd. (BO:AXBK) which was down 3.56% to 383.25 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 880 to 614 and 88 ended unchanged; on the Bombay Stock Exchange, 1236 fell and 968 advanced, while 170 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.81% to 38.4075.

Gold Futures for June delivery was up 0.39% or 6.65 to $1732.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 2.80% or 0.66 to hit $24.21 a barrel, while the July Brent oil contract rose 1.83% or 0.54 to trade at $30.00 a barrel.

USD/INR was down 0.27% to 75.582, while EUR/INR fell 0.18% to 81.9460.

The US Dollar Index Futures was down 0.14% at 99.765.

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