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India stocks higher at close of trade; Nifty 50 up 0.82%

Published 01/02/2020, 05:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.82%
NSEI
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Investing.com – India stocks were higher after the close on Thursday, as gains in the Metals, Capital Goods and Public Sector Undertakings sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.82% to hit a new all time high, while the BSE Sensex 30 index gained 0.78%.

The best performers of the session on the Nifty 50 were Tata Motors Ltd (NS:TAMO), which rose 5.10% or 9.40 points to trade at 193.75 at the close. Meanwhile, UltraTech Cement Ltd (NS:ULTC) added 4.23% or 172.00 points to end at 4244.80 and Tata Steel Ltd (NS:TISC) was up 4.29% or 20.05 points to 484.85 in late trade.

The worst performers of the session were Eicher Motors Ltd. (NS:EICH), which fell 2.30% or 507.35 points to trade at 21600.85 at the close. Bajaj Auto Ltd (NS:BAJA) declined 0.90% or 28.35 points to end at 3121.00 and Bharat Petroleum Corp. Ltd. (NS:BPCL) was down 0.98% or 4.80 points to 487.55.

The top performers on the BSE Sensex 30 were Tata Motors Ltd DVR (BO:TAMdv) which rose 5.28% to 79.75, Tata Motors Ltd (BO:TAMO) which was up 5.12% to settle at 193.85 and Tata Steel Ltd (BO:TISC) which gained 3.68% to close at 484.95.

The worst performers were Bajaj Auto Ltd (BO:BAJA) which was down 0.72% to 3124.25 in late trade, Tata Consultancy Services Ltd. (BO:TCS) which lost 0.57% to settle at 2157.45 and Infosys Ltd (BO:INFY) which was down 0.30% to 734.70 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1179 to 375 and 67 ended unchanged; on the Bombay Stock Exchange, 1654 rose and 753 declined, while 159 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.93% to 11.4900.

Gold Futures for February delivery was down 0.05% or 0.70 to $1522.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.34% or 0.21 to hit $61.27 a barrel, while the March Brent oil contract rose 0.59% or 0.39 to trade at $66.39 a barrel.

USD/INR was up 0.20% to 71.362, while EUR/INR rose 0.05% to 79.8795.

The US Dollar Index Futures was up 0.30% at 96.350.

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