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India stocks higher at close of trade; Nifty 50 up 1.23%

Published 07/22/2021, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 1.23%
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Investing.com – India stocks were higher after the close on Thursday, as gains in the Metals, Capital Goods and Power sectors led shares higher.

At the close in NSE, the Nifty 50 rose 1.23%, while the BSE Sensex 30 index gained 1.22%.

The best performers of the session on the Nifty 50 were Tech Mahindra Ltd (NS:TEML), which rose 5.65% or 61.40 points to trade at 1148.60 at the close. Meanwhile, JSW Steel Ltd (NS:JSTL) added 5.07% or 34.55 points to end at 716.55 and Bajaj Finance Ltd (NS:BJFN) was up 4.27% or 253.70 points to 6195.55 in late trade.

The worst performers of the session were Hindustan Unilever Ltd. (NS:HLL), which fell 2.33% or 56.75 points to trade at 2378.15 at the close. Asian Paints Ltd. (NS:ASPN) declined 1.66% or 52.30 points to end at 3106.75 and Bajaj Auto Ltd (NS:BAJA) was down 1.34% or 52.20 points to 3853.20.

The top performers on the BSE Sensex 30 were Tech Mahindra Ltd (BO:TEML) which rose 5.65% to 1148.45, Bajaj Finance Ltd (BO:BJFN) which was up 4.21% to settle at 6187.70 and Bharti Airtel Ltd (BO:BRTI) which gained 3.93% to close at 546.50.

The worst performers were Hindustan Unilever Ltd. (BO:HLL) which was down 2.27% to 2378.65 in late trade, Asian Paints Ltd. (BO:ASPN) which lost 1.73% to settle at 3104.45 and Bajaj Auto Ltd (BO:BAJA) which was down 1.32% to 3852.60 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1204 to 500 and 27 ended unchanged; on the Bombay Stock Exchange, 2065 rose and 1020 declined, while 127 ended unchanged.

Shares in Tech Mahindra Ltd (NS:TEML) rose to 5-year highs; rising 5.65% or 61.40 to 1148.60. Shares in Tech Mahindra Ltd (BO:TEML) rose to 5-year highs; up 5.65% or 61.45 to 1148.45.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 10.00% to 11.8850.

Gold Futures for August delivery was down 0.45% or 8.15 to $1795.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.11% or 0.78 to hit $71.08 a barrel, while the September Brent oil contract rose 1.02% or 0.74 to trade at $72.97 a barrel.

USD/INR was down 0.01% to 74.479, while EUR/INR rose 0.01% to 87.8405.

The US Dollar Index Futures was down 0.01% at 92.752.

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