🍎 🍕 Less apples, more pizza 🤔 Have you seen Buffett’s portfolio recently?Explore for Free

India stocks higher at close of trade; Nifty 50 up 1.28%

Published 02/08/2021, 05:45 AM
© Reuters India stocks higher at close of trade; Nifty 50 up 1.28%
NSEI
-
NIFVIX
-
BJFN
-
BJFS
-
BRIT
-
HLL
-
HALC
-
INFY
-
KTKM
-
MAHM
-
TAMO
-
BSESN
-
BSEAUTO
-
BSEMET
-
BSEGRNX
-

Investing.com – India stocks were higher after the close on Monday, as gains in the Auto, Metals and Green Energy sectors led shares higher.

At the close in NSE, the Nifty 50 gained 1.28% to hit a new all time high, while the BSE Sensex 30 index gained 1.22%.

The best performers of the session on the Nifty 50 were Mahindra & Mahindra Ltd. (NS:MAHM), which rose 7.39% or 64.00 points to trade at 929.50 at the close. Meanwhile, Tata Motors Ltd (NS:TAMO) added 6.54% or 20.65 points to end at 336.55 and Hindalco Industries Ltd. (NS:HALC) was up 6.30% or 16.50 points to 278.55 in late trade.

The worst performers of the session were Britannia Industries Ltd (NS:BRIT), which fell 1.85% or 65.55 points to trade at 3476.10 at the close. Hindustan Unilever Ltd. (NS:HLL) declined 1.43% or 32.55 points to end at 2237.00 and Kotak Mahindra Bank Ltd. (NS:KTKM) was down 1.39% or 27.60 points to 1955.10.

The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:MAHM) which rose 7.23% to 928.20, Bajaj Finserv Ltd (BO:BJFS) which was up 3.24% to settle at 10032.15 and Infosys Ltd (BO:INFY) which gained 2.90% to close at 1309.25.

The worst performers were Hindustan Unilever Ltd. (BO:HLL) which was down 1.47% to 2237.00 in late trade, Kotak Mahindra Bank Ltd. (BO:KTKM) which lost 1.29% to settle at 1957.00 and Bajaj Finance Ltd (BO:BJFN) which was down 0.70% to 5500.10 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 990 to 680 and 69 ended unchanged; on the Bombay Stock Exchange, 1652 rose and 1274 declined, while 180 ended unchanged.

Shares in Mahindra & Mahindra Ltd. (NS:MAHM) rose to 52-week highs; gaining 7.39% or 64.00 to 929.50. Shares in Tata Motors Ltd (NS:TAMO) rose to 52-week highs; rising 6.54% or 20.65 to 336.55. Shares in Hindalco Industries Ltd. (NS:HALC) rose to 3-years highs; rising 6.30% or 16.50 to 278.55. Shares in Mahindra & Mahindra Ltd. (BO:MAHM) rose to 52-week highs; rising 7.23% or 62.60 to 928.20. Shares in Bajaj Finserv Ltd (BO:BJFS) rose to all time highs; rising 3.24% or 314.65 to 10032.15.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.32% to 23.9575.

Gold Futures for April delivery was up 0.02% or 0.45 to $1813.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.14% or 0.65 to hit $57.50 a barrel, while the April Brent oil contract rose 0.77% or 0.46 to trade at $60.02 a barrel.

USD/INR was up 0.21% to 72.963, while EUR/INR rose 0.06% to 87.7555.

The US Dollar Index Futures was up 0.24% at 91.183.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.