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India stocks higher at close of trade; Nifty 50 up 0.74%

Published 06/27/2024, 06:30 AM
Updated 06/27/2024, 06:35 AM
India stocks higher at close of trade; Nifty 50 up 0.74%
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Investing.com – India stocks were higher after the close on Thursday, as gains in the Power, Technology and Green Energy sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.74% to hit a new all time high, while the BSE Sensex 30 index added 0.72%.

The best performers of the session on the Nifty 50 were UltraTech Cement Ltd (NS:ULTC), which rose 5.45% or 606.75 points to trade at 11,749.85 at the close. Meanwhile, LTIMindtree Ltd (NS:LTIM) added 3.85% or 199.55 points to end at 5,377.05 and NTPC Ltd (NS:NTPC) was up 3.31% or 12.10 points to 377.15 in late trade.

The worst performers of the session were Larsen & Toubro Ltd (NS:LART), which fell 1.07% or 38.55 points to trade at 3,564.40 at the close. Shriram Finance Ltd. (NS:SHMF) declined 0.97% or 29.05 points to end at 2,960.00 and Bajaj Auto Ltd (NS:BAJA) was down 0.60% or 57.20 points to 9,417.45.

The top performers on the BSE Sensex 30 were UltraTech Cement Ltd (BO:ULTC) which rose 5.38% to 11,750.00, NTPC Ltd (BO:NTPC) which was up 3.16% to settle at 376.50 and Wipro Ltd (BO:WIPR) which gained 3.14% to close at 510.70.

The worst performers were Larsen & Toubro Ltd (BO:LART) which was down 1.09% to 3,566.50 in late trade, Sun Pharmaceutical Industries Ltd. (BO:SUN) which lost 0.37% to settle at 1,516.00 and Nestle India Ltd (BO:NEST) which was down 0.20% to 2,529.10 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1513 to 738 and 27 ended unchanged; on the Bombay Stock Exchange, 2312 fell and 1434 advanced, while 110 ended unchanged.

Shares in UltraTech Cement Ltd (NS:ULTC) rose to all time highs; gaining 5.45% or 606.75 to 11,749.85. Shares in UltraTech Cement Ltd (BO:ULTC) rose to all time highs; up 5.38% or 600.25 to 11,750.00.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.77% to 14.15.

Gold Futures for August delivery was up 0.51% or 11.90 to $2,325.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.40% or 0.32 to hit $81.22 a barrel, while the September Brent oil contract rose 0.37% or 0.31 to trade at $84.78 a barrel.

USD/INR was down 0.16% to 83.45, while EUR/INR rose 0.03% to 89.28.

The US Dollar Index Futures was down 0.14% at 105.57.

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