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India stocks higher at close of trade; Nifty 50 up 0.92%

Published 09/02/2021, 06:45 AM
© Reuters India stocks higher at close of trade; Nifty 50 up 0.92%
NSEI
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NIFVIX
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BAJA
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CIPL
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COAL
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MAHM
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ONGC
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SHCM
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ULTC
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Investing.com – India stocks were higher after the close on Thursday, as gains in the Fast Moving Consumer Goods, IT and Consumer Durables sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.92% to hit a new all time high, while the BSE Sensex 30 index added 0.90%.

The best performers of the session on the Nifty 50 were Shree Cements Ltd. (NS:SHCM), which rose 6.48% or 1845.00 points to trade at 30323.25 at the close. Meanwhile, HDFC Life Insurance Company Ltd (NS:HDFL) added 5.63% or 40.45 points to end at 759.00 and Cipla Ltd. (NS:CIPL) was up 3.51% or 32.40 points to 955.25 in late trade.

The worst performers of the session were Mahindra & Mahindra Ltd. (NS:MAHM), which fell 2.27% or 17.45 points to trade at 752.45 at the close. Coal India Ltd (NS:COAL) declined 1.80% or 2.60 points to end at 141.60 and Oil And Natural Gas Corporation Ltd (NS:ONGC) was down 0.88% or 1.05 points to 118.65.

The top performers on the BSE Sensex 30 were Tata Consultancy Services Ltd. (BO:TCS) which rose 3.34% to 3837.95, Hindustan Unilever Ltd. (BO:HLL) which was up 2.50% to settle at 2799.35 and UltraTech Cement Ltd (BO:ULTC) which gained 2.45% to close at 7954.40.

The worst performers were Mahindra & Mahindra Ltd. (BO:MAHM) which was down 2.29% to 752.50 in late trade, Bajaj Auto Ltd (BO:BAJA) which lost 0.79% to settle at 3728.00 and Bajaj Finserv Ltd (BO:BJFS) which was down 0.41% to 16715.90 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1120 to 556 and 61 ended unchanged; on the Bombay Stock Exchange, 1887 rose and 1143 declined, while 141 ended unchanged.

Shares in HDFC Life Insurance Company Ltd (NS:HDFL) rose to all time highs; up 5.63% or 40.45 to 759.00. Shares in Tata Consultancy Services Ltd. (BO:TCS) rose to all time highs; gaining 3.34% or 123.90 to 3837.95. Shares in Hindustan Unilever Ltd. (BO:HLL) rose to all time highs; rising 2.50% or 68.35 to 2799.35. Shares in UltraTech Cement Ltd (BO:ULTC) rose to all time highs; gaining 2.45% or 190.25 to 7954.40.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.39% to 14.2400.

Gold Futures for December delivery was up 0.10% or 1.75 to $1817.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.51% or 0.35 to hit $68.94 a barrel, while the November Brent oil contract rose 0.53% or 0.38 to trade at $71.97 a barrel.

USD/INR was up 0.08% to 73.047, while EUR/INR rose 0.20% to 86.5785.

The US Dollar Index Futures was down 0.03% at 92.422.

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