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India stocks higher at close of trade; Nifty 50 up 0.77%

Published 02/25/2021, 05:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.77%
NSEI
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NIFVIX
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COAL
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ICBK
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LART
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APSE
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NTPC
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ONGC
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RELI
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UPLL
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NEST
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Investing.com – India stocks were higher after the close on Thursday, as gains in the Oil & Gas, Metals and Public Sector Undertakings sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.77%, while the BSE Sensex 30 index added 0.51%.

The best performers of the session on the Nifty 50 were Coal India Ltd (NS:COAL), which rose 8.10% or 11.70 points to trade at 156.10 at the close. Meanwhile, UPL Ltd (NS:UPLL) added 7.05% or 39.05 points to end at 593.00 and Adani Port and Special Economic Zone Ltd (NS:APSE) was up 5.88% or 39.10 points to 704.30 in late trade.

The worst performers of the session were ICICI Bank Ltd (NS:ICBK), which fell 2.04% or 13.10 points to trade at 628.00 at the close. Nestle India Ltd (NS:NEST) declined 1.42% or 232.25 points to end at 16113.90 and Larsen & Toubro Ltd (NS:LART) was down 1.32% or 20.15 points to 1506.45.

The top performers on the BSE Sensex 30 were Oil And Natural Gas Corporation Ltd (BO:ONGC) which rose 4.66% to 119.00, NTPC Ltd (BO:NTPC) which was up 4.55% to settle at 107.95 and Reliance Industries Ltd (BO:RELI) which gained 3.84% to close at 2144.85.

The worst performers were ICICI Bank Ltd (BO:ICBK) which was down 2.10% to 627.95 in late trade, Nestle India Ltd (BO:NEST) which lost 1.45% to settle at 16114.35 and Larsen & Toubro Ltd (BO:LART) which was down 1.20% to 1506.60 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1085 to 557 and 73 ended unchanged; on the Bombay Stock Exchange, 1718 rose and 1130 declined, while 163 ended unchanged.

Shares in UPL Ltd (NS:UPLL) rose to 52-week highs; rising 7.05% or 39.05 to 593.00. Shares in Adani Port and Special Economic Zone Ltd (NS:APSE) rose to all time highs; up 5.88% or 39.10 to 704.30. Shares in Oil And Natural Gas Corporation Ltd (BO:ONGC) rose to 52-week highs; gaining 4.66% or 5.30 to 119.00.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 5.28% to 22.8925.

Gold Futures for April delivery was down 0.40% or 7.15 to $1790.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.35% or 0.22 to hit $63.44 a barrel, while the May Brent oil contract rose 0.47% or 0.31 to trade at $66.49 a barrel.

USD/INR was up 0.06% to 72.423, while EUR/INR rose 0.62% to 88.5625.

The US Dollar Index Futures was down 0.45% at 89.760.

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