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

Published 03/14/2024, 06:30 AM
© Reuters India stocks higher at close of trade; Nifty 50 up 0.68%

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

At the close in NSE, the Nifty 50 gained 0.68%, while the BSE Sensex 30 index gained 0.46%.

The best performers of the session on the Nifty 50 were Adani Enterprises Ltd (NS:ADEL), which rose 6.24% or 181.25 points to trade at 3,087.45 at the close. Meanwhile, Adani Ports and Special Economic Zone Ltd (NS:APSE) added 4.83% or 58.45 points to end at 1,268.00 and Hero MotoCorp Ltd (NS:HROM) was up 3.62% or 163.20 points to 4,675.30 in late trade.

The worst performers of the session were Axis Bank Ltd (NS:AXBK), which fell 2.05% or 22.15 points to trade at 1,058.25 at the close. IndusInd Bank Ltd. (NS:INBK) declined 1.72% or 25.90 points to end at 1,476.75 and JSW Steel Ltd (NS:JSTL) was down 0.95% or 7.50 points to 785.45.

The top performers on the BSE Sensex 30 were HCL Technologies Ltd (BO:HCLT) which rose 2.83% to 1,677.60, Wipro Ltd (BO:WIPR) which was up 2.43% to settle at 516.60 and Bharti Airtel Ltd (BO:BRTI) which gained 2.37% to close at 1,196.90.

The worst performers were Axis Bank Ltd. (BO:AXBK) which was down 1.68% to 1,061.55 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 1.33% to settle at 1,480.00 and Bajaj Finance Ltd (BO:BJFN) which was down 1.05% to 6,387.20 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1743 to 444 and 32 ended unchanged; on the Bombay Stock Exchange, 2624 rose and 1101 declined, while 76 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 5.61% to 13.62 a new 1-month low.

Gold Futures for April delivery was down 0.31% or 6.75 to $2,174.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.98% or 0.78 to hit $80.50 a barrel, while the May Brent oil contract rose 0.79% or 0.66 to trade at $84.69 a barrel.

USD/INR was down 0.03% to 82.83, while EUR/INR fell 0.10% to 90.61.

The US Dollar Index Futures was up 0.06% at 102.46.

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