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India stocks higher at close of trade; Nifty 50 up 1.00%

Published 12/23/2020, 05:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 1.00%
NSEI
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NIFVIX
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CIPL
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HROM
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HLL
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INFY
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MAHM
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NTPC
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PGRD
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TISC
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TITN
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WIPR
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BSESN
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BSESITIP
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BSEMET
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BSEREAL
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Investing.com – India stocks were higher after the close on Wednesday, as gains in the Real Estate, Metals and IT sectors led shares higher.

At the close in NSE, the Nifty 50 rose 1.00%, while the BSE Sensex 30 index gained 0.95%.

The best performers of the session on the Nifty 50 were Wipro Ltd (NS:WIPR), which rose 5.70% or 20.75 points to trade at 384.95 at the close. Meanwhile, Cipla Ltd. (NS:CIPL) added 3.76% or 29.90 points to end at 824.90 and Tata Steel Ltd (NS:TISC) was up 3.40% or 20.45 points to 621.80 in late trade.

The worst performers of the session were Hero MotoCorp Ltd (NS:HROM), which fell 0.95% or 29.10 points to trade at 3020.00 at the close. Titan Company Ltd (NS:TITN) declined 0.52% or 7.80 points to end at 1491.00 and NTPC Ltd (NS:NTPC) was down 0.15% or 0.15 points to 98.75.

The top performers on the BSE Sensex 30 were Hindustan Unilever Ltd. (BO:HLL) which rose 2.75% to 2373.00, Infosys Ltd (BO:INFY) which was up 2.59% to settle at 1252.40 and Mahindra & Mahindra Ltd. (BO:MAHM) which gained 2.31% to close at 711.10.

The worst performers were Titan Company Ltd (BO:TITN) which was down 0.89% to 1489.00 in late trade, Power Grid Corporation of India Ltd (BO:PGRD) which lost 0.26% to settle at 190.00 and NTPC Ltd (BO:NTPC) which was down 0.15% to 98.75 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1462 to 205 and 44 ended unchanged; on the Bombay Stock Exchange, 2214 rose and 622 declined, while 140 ended unchanged.

Shares in Wipro Ltd (NS:WIPR) rose to 5-year highs; rising 5.70% or 20.75 to 384.95. Shares in Cipla Ltd. (NS:CIPL) rose to all time highs; rising 3.76% or 29.90 to 824.90. Shares in Infosys Ltd (BO:INFY) rose to 3-years highs; gaining 2.59% or 31.65 to 1252.40.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 6.78% to 20.4950.

Gold Futures for February delivery was up 0.08% or 1.55 to $1871.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.21% or 0.10 to hit $47.12 a barrel, while the February Brent oil contract rose 0.24% or 0.12 to trade at $50.20 a barrel.

USD/INR was down 0.21% to 73.697, while EUR/INR fell 0.03% to 89.7835.

The US Dollar Index Futures was down 0.22% at 90.347.

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