👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

India stocks mixed at close of trade; Nifty 50 up 0.06%

Published 08/05/2020, 06:45 AM
© Reuters.  India stocks mixed at close of trade; Nifty 50 up 0.06%
NSEI
-
NIFVIX
-
EICH
-
HDBK
-
HALC
-
MAHM
-
PGRD
-
RELI
-
TISC
-
TITN
-
UPLL
-
WIPR
-
BSESN
-
BSEAUTO
-
BSECD
-
BSESCGIP
-
BSESITIP
-
BSEMET
-
BSEPOWER
-

Investing.com – India stocks were mixed after the close on Wednesday, as gains in the Metals, Auto and Consumer Durables sectors led shares higher while losses in the Power, Fast Moving Consumer Goods and IT sectors led shares lower.

At the close in NSE, the Nifty 50 gained 0.06%, while the BSE Sensex 30 index fell 0.07%.

The best performers of the session on the Nifty 50 were Hindalco Industries Ltd. (NS:HALC), which rose 9.09% or 14.75 points to trade at 177.10 at the close. Meanwhile, Tata Steel Ltd (NS:TISC) added 6.70% or 24.95 points to end at 397.20 and Eicher Motors Ltd. (NS:EICH) was up 4.82% or 1013.35 points to 22029.00 in late trade.

The worst performers of the session were UPL Ltd (NS:UPLL), which fell 1.45% or 6.70 points to trade at 455.00 at the close. Wipro Ltd (NS:WIPR) declined 1.05% or 2.95 points to end at 278.10 and HDFC Bank Ltd (NS:HDBK) was down 1.03% or 10.70 points to 1030.95.

The top performers on the BSE Sensex 30 were Tata Steel Ltd (BO:TISC) which rose 6.77% to 397.45, Titan Company Ltd (BO:TITN) which was up 2.99% to settle at 1107.00 and Mahindra & Mahindra Ltd. (BO:MAHM) which gained 2.73% to close at 619.00.

The worst performers were HDFC Bank Ltd (BO:HDBK) which was down 1.30% to 1027.85 in late trade, Reliance Industries Ltd (BO:RELI) which lost 1.14% to settle at 2126.65 and Power Grid Corporation of India Ltd (BO:PGRD) which was down 1.09% to 176.40 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1011 to 579 and 88 ended unchanged; on the Bombay Stock Exchange, 1522 rose and 954 declined, while 143 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.04% to 23.5675 a new 3-months low.

Gold Futures for October delivery was up 1.81% or 36.30 to $2044.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 2.64% or 1.10 to hit $42.80 a barrel, while the October Brent oil contract rose 2.36% or 1.05 to trade at $45.48 a barrel.

USD/INR was down 0.33% to 74.812, while EUR/INR rose 0.05% to 88.6225.

The US Dollar Index Futures was down 0.50% at 92.915.

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.