🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

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

Published 11/12/2021, 05:45 AM
© Reuters India stocks higher at close of trade; Nifty 50 up 1.28%
NSEI
-
NIFVIX
-
AXBK
-
BAJA
-
HROM
-
HALC
-
HDFC
-
INFY
-
TISC
-
TEML
-
BSESN
-
BSESITIP
-
BSEREAL
-
BSETECK
-

Investing.com – India stocks were higher after the close on Friday, as gains in the Technology, IT and Real Estate sectors led shares higher.

At the close in NSE, the Nifty 50 added 1.28%, while the BSE Sensex 30 index gained 1.28%.

The best performers of the session on the Nifty 50 were Tech Mahindra Ltd (NS:TEML), which rose 4.14% or 63.05 points to trade at 1585.00 at the close. Meanwhile, Hindalco Industries Ltd. (NS:HALC) added 3.22% or 14.60 points to end at 468.55 and Housing Development Finance Corporation Ltd (NS:HDFC) was up 2.88% or 83.80 points to 2992.65 in late trade.

The worst performers of the session were Bajaj Auto Ltd (NS:BAJA), which fell 3.06% or 114.90 points to trade at 3635.05 at the close. Tata Steel Ltd (NS:TISC) declined 0.95% or 12.35 points to end at 1287.25 and Hero MotoCorp Ltd (NS:HROM) was down 0.59% or 15.90 points to 2685.00.

The top performers on the BSE Sensex 30 were Tech Mahindra Ltd (BO:TEML) which rose 4.06% to 1585.05, Housing Development Finance Corporation Ltd (BO:HDFC) which was up 2.99% to settle at 2995.00 and Infosys Ltd (BO:INFY) which gained 2.74% to close at 1780.00.

The worst performers were Bajaj Auto Ltd (BO:BAJA) which was down 3.04% to 3637.30 in late trade, Tata Steel Ltd (BO:TISC) which lost 0.93% to settle at 1286.90 and AXIS Bank Ltd. (BO:AXBK) which was down 0.36% to 736.20 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 943 to 788 and 63 ended unchanged; on the Bombay Stock Exchange, 1625 fell and 1589 advanced, while 147 ended unchanged.

Shares in Tech Mahindra Ltd (NS:TEML) rose to all time highs; gaining 4.14% or 63.05 to 1585.00. Shares in Housing Development Finance Corporation Ltd (NS:HDFC) rose to all time highs; gaining 2.88% or 83.80 to 2992.65. Shares in Tech Mahindra Ltd (BO:TEML) rose to all time highs; up 4.06% or 61.85 to 1585.05. Shares in Housing Development Finance Corporation Ltd (BO:HDFC) rose to all time highs; rising 2.99% or 87.00 to 2995.00.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 6.94% to 15.2175 a new 1-month low.

Gold Futures for December delivery was down 0.76% or 14.25 to $1849.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.61% or 1.31 to hit $80.28 a barrel, while the January Brent oil contract fell 1.30% or 1.08 to trade at $81.79 a barrel.

USD/INR was up 0.23% to 74.464, while EUR/INR rose 0.18% to 85.2240.

The US Dollar Index Futures was down 0.00% at 95.172.

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.