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India stocks higher at close of trade; Nifty 50 up 1.01%

Published 10/27/2023, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 1.01%

Investing.com – India stocks were higher after the close on Friday, as gains in the Public Sector Undertakings, Power and Real Estate sectors led shares higher.

At the close in NSE, the Nifty 50 added 1.01%, while the BSE Sensex 30 index added 1.01%.

The best performers of the session on the Nifty 50 were HCL Technologies Ltd (NS:HCLT), which rose 3.05% or 37.60 points to trade at 1,269.40 at the close. Meanwhile, Coal India Ltd (NS:COAL) added 3.03% or 9.25 points to end at 314.50 and Axis Bank Ltd (NS:AXBK) was up 2.87% or 27.85 points to 999.90 in late trade.

The worst performers of the session were UPL Ltd (NS:UPLL), which fell 0.40% or 2.25 points to trade at 558.80 at the close. ITC Ltd (NS:ITC) declined 0.10% or 0.45 points to end at 433.90 and LTIMindtree Ltd (NS:LTIM) was down 0.09% or 4.65 points to 5,165.85.

The top performers on the BSE Sensex 30 were Axis Bank Ltd. (BO:AXBK) which rose 3.07% to 1,001.75, HCL Technologies Ltd (BO:HCLT) which was up 3.01% to settle at 1,268.55 and State Bank Of India (BO:SBI) which gained 2.53% to close at 561.00.

The worst performers were Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 0.72% to 5,385.55 in late trade, Asian Paints Ltd. (BO:ASPN) which lost 0.14% to settle at 2,954.30 and UltraTech Cement Ltd (BO:ULTC) which was down 0.07% to 8,206.65 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1689 to 353 and 46 ended unchanged; on the Bombay Stock Exchange, 2715 rose and 820 declined, while 127 ended unchanged.

Shares in UPL Ltd (NS:UPLL) fell to 52-week lows; falling 0.40% or 2.25 to 558.80.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 7.03% to 10.90.

Gold Futures for December delivery was down 0.18% or 3.65 to $1,993.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.18% or 1.81 to hit $85.02 a barrel, while the December Brent oil contract rose 2.14% or 1.88 to trade at $89.81 a barrel.

USD/INR was down 0.14% to 83.23, while EUR/INR fell 0.04% to 87.92.

The US Dollar Index Futures was down 0.03% at 106.39.

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