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India stocks higher at close of trade; Nifty 50 up 1.13%

Published 05/27/2022, 06:45 AM
India stocks higher at close of trade; Nifty 50 up 1.13%
NSEI
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NIFVIX
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APLH
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BRTI
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INBK
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NTPC
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ONGC
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PGRD
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TEML
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WIPR
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BSESN
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BSECG
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BSESITIP
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BSETECK
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HDFL
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Investing.com – India stocks were higher after the close on Friday, as gains in the IT, Technology and Capital Goods sectors led shares higher.

At the close in NSE, the Nifty 50 gained 1.13%, while the BSE Sensex 30 index added 1.17%.

The best performers of the session on the Nifty 50 were Apollo Hospitals Enterprises Ltd. (NS:APLH), which rose 5.43% or 198.95 points to trade at 3,861.75 at the close. Meanwhile, Tech Mahindra Ltd (NS:TEML) added 4.14% or 44.65 points to end at 1,123.25 and HDFC Life Insurance Company Ltd (NS:HDFL) was up 3.47% or 20.05 points to 598.10 in late trade.

The worst performers of the session were Oil And Natural Gas Corporation Ltd (NS:ONGC), which fell 5.33% or 8.10 points to trade at 143.80 at the close. NTPC Ltd (NS:NTPC) declined 2.76% or 4.25 points to end at 149.90 and Bharti Airtel Ltd. (NS:BRTI) was down 1.33% or 9.25 points to 684.40.

The top performers on the BSE Sensex 30 were Tech Mahindra Ltd (BO:TEML) which rose 4.10% to 1,123.55, IndusInd Bank Ltd. (BO:INBK) which was up 3.23% to settle at 926.00 and Wipro Ltd (BO:WIPR) which gained 2.98% to close at 466.95.

The worst performers were NTPC Ltd (BO:NTPC) which was down 2.43% to 150.45 in late trade, Bharti Airtel Ltd (BO:BRTI) which lost 1.24% to settle at 684.75 and Power Grid Corporation of India Ltd (BO:PGRD) which was down 0.97% to 224.85 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1312 to 525 and 37 ended unchanged; on the Bombay Stock Exchange, 2126 rose and 1093 declined, while 120 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 5.45% to 21.48.

Gold Futures for June delivery was up 0.46% or 8.54 to $1,856.14 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.43% or 0.49 to hit $113.60 a barrel, while the August Brent oil contract fell 0.42% or 0.48 to trade at $113.69 a barrel.

USD/INR was down 0.05% to 77.58, while EUR/INR fell 0.17% to 83.09.

The US Dollar Index Futures was down 0.01% at 101.85.

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