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India stocks higher at close of trade; Nifty 50 up 0.68%

Published 04/24/2023, 06:45 AM
© Reuters India stocks higher at close of trade; Nifty 50 up 0.68%

Investing.com – India stocks were higher after the close on Monday, as gains in the Banking, Public Sector Undertakings and Real Estate sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.68%, while the BSE Sensex 30 index gained 0.67%.

The best performers of the session on the Nifty 50 were HDFC Life Insurance Company Ltd (NS:HDFL), which rose 6.67% or 34.25 points to trade at 547.55 at the close. Meanwhile, Tata Consumer Products Ltd (NS:TACN) added 4.59% or 32.15 points to end at 732.55 and Wipro Ltd (NS:WIPR) was up 2.69% or 9.90 points to 377.95 in late trade.

The worst performers of the session were Dr. Reddy’s Laboratories Ltd (NS:REDY), which fell 1.29% or 62.65 points to trade at 4,806.10 at the close. IndusInd Bank Ltd. (NS:INBK) declined 1.29% or 14.35 points to end at 1,102.00 and Cipla Ltd. (NS:CIPL) was down 1.15% or 10.55 points to 904.50.

The top performers on the BSE Sensex 30 were Wipro Ltd (BO:WIPR) which rose 2.69% to 377.90, ICICI Bank Ltd (BO:ICBK) which was up 2.31% to settle at 904.65 and Titan Company Ltd (BO:TITN) which gained 2.31% to close at 2,627.65.

The worst performers were Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 1.44% to 4,800.00 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 1.24% to settle at 1,102.05 and Maruti Suzuki India Ltd. (BO:MRTI) which was down 1.11% to 8,463.10 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1027 to 912 and 79 ended unchanged; on the Bombay Stock Exchange, 1822 rose and 1641 declined, while 162 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.32% to 11.67 a new 3-years low.

Gold Futures for June delivery was up 0.24% or 4.70 to $1,995.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.15% or 0.12 to hit $77.75 a barrel, while the July Brent oil contract fell 0.25% or 0.20 to trade at $81.26 a barrel.

USD/INR was down 0.14% to 81.92, while EUR/INR rose 0.07% to 90.19.

The US Dollar Index Futures was down 0.19% at 101.36.

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