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India stocks higher at close of trade; Nifty 50 up 1.30%

Published 04/24/2019, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 1.30%
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Investing.com – India stocks were higher after the close on Wednesday, as gains in the Oil & Gas, Technology and Public Sector Undertakings sectors led shares higher.

At the close in NSE, the Nifty 50 rose 1.30%, while the BSE Sensex 30 index gained 1.27%.

The best performers of the session on the Nifty 50 were Hindustan Petroleum Corporation Ltd (NS:HPCL), which rose 6.04% or 15.40 points to trade at 268.80 at the close. Meanwhile, UltraTech Cement Ltd (NS:ULTC) added 5.57% or 233.75 points to end at 4394.65 and Bharat Petroleum Corp. Ltd. (NS:BPCL) was up 3.75% or 12.60 points to 349.00 in late trade.

The worst performers of the session were Tata Motors Ltd (NS:TAMO), which fell 3.19% or 7.40 points to trade at 223.60 at the close. Hero MotoCorp Ltd (NS:HROM) declined 0.84% or 22.15 points to end at 2611.90 and Coal India Ltd (NS:COAL) was down 0.59% or 1.50 points to 254.00.

The top performers on the BSE Sensex 30 were HCL Technologies Ltd (BO:HCLT) which rose 3.40% to 1140.50, Oil And Natural Gas Corporation Ltd (BO:ONGC) which was up 2.90% to settle at 168.70 and IndusInd Bank Ltd. (BO:INBK) which gained 2.75% to close at 1700.15.

The worst performers were Tata Motors Ltd (BO:TAMO) which was down 3.33% to 223.70 in late trade, Tata Motors Ltd DVR (BO:TAMdv) which lost 3.18% to settle at 108.00 and Hero MotoCorp Ltd (BO:HROM) which was down 0.60% to 2621.15 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 854 to 716 and 71 ended unchanged; on the Bombay Stock Exchange, 1209 rose and 1202 declined, while 147 ended unchanged.

Shares in HCL Technologies Ltd (BO:HCLT) rose to all time highs; up 3.40% or 37.50 to 1140.50.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.78% to 23.7125.

Gold Futures for June delivery was up 0.04% or 0.55 to $1273.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.53% or 0.35 to hit $65.95 a barrel, while the June Brent oil contract fell 0.20% or 0.15 to trade at $74.36 a barrel.

USD/INR was up 0.19% to 69.850, while EUR/INR rose 0.03% to 78.3385.

The US Dollar Index Futures was up 0.02% at 97.338.

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