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India stocks higher at close of trade; Nifty 50 up 1.84%

Published 03/17/2022, 06:45 AM
©  Reuters India stocks higher at close of trade; Nifty 50 up 1.84%
NSEI
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CIPL
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IOC
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Investing.com – India stocks were higher after the close on Thursday, as gains in the Real Estate, Consumer Durables and Green Energy sectors led shares higher.

At the close in NSE, the Nifty 50 rose 1.84%, while the BSE Sensex 30 index added 1.84%.

The best performers of the session on the Nifty 50 were Housing Development Finance Corporation Ltd (NS:HDFC), which rose 5.37% or 123.15 points to trade at 2,415.25 at the close. Meanwhile, Titan Company Ltd (NS:TITN) added 4.47% or 115.70 points to end at 2,703.00 and JSW Steel Ltd (NS:JSTL) was up 4.39% or 28.75 points to 684.00 in late trade.

The worst performers of the session were Infosys Ltd (NS:INFY), which fell 1.84% or 34.80 points to trade at 1,854.60 at the close. Cipla Ltd. (NS:CIPL) declined 0.69% or 7.30 points to end at 1,048.50 and Indian Oil Corporation Ltd (NS:IOC) was down 0.49% or 0.60 points to 121.35.

The top performers on the BSE Sensex 30 were Housing Development Finance Corporation Ltd (BO:HDFC) which rose 5.50% to 2,414.25, Titan Company Ltd (BO:TITN) which was up 4.50% to settle at 2,703.25 and Kotak Mahindra Bank Ltd. (BO:KTKM) which gained 3.29% to close at 1,819.25.

The worst performers were Infosys Ltd (BO:INFY) which was down 1.81% to 1,854.40 in late trade, HCL Technologies Ltd (BO:HCLT) which lost 0.23% to settle at 1,196.55 and NTPC Ltd (BO:NTPC) which was up 0.15% to 132.85 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1182 to 641 and 36 ended unchanged; on the Bombay Stock Exchange, 2007 rose and 1286 declined, while 128 ended unchanged.

Shares in Titan Company Ltd (NS:TITN) rose to all time highs; rising 4.47% or 115.70 to 2,703.00. Shares in Titan Company Ltd (BO:TITN) rose to all time highs; rising 4.50% or 116.30 to 2,703.25.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 6.25% to 22.61.

Gold Futures for April delivery was up 1.81% or 34.50 to $1,943.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 4.53% or 4.31 to hit $99.35 a barrel, while the May Brent oil contract rose 4.93% or 4.83 to trade at $102.85 a barrel.

USD/INR was down 0.26% to 75.82, while EUR/INR fell 0.42% to 83.70.

The US Dollar Index Futures was down 0.33% at 98.30.

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