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India stocks mixed at close of trade; Nifty 50 up 0.09%

Published 07/05/2024, 06:30 AM
Updated 07/05/2024, 06:35 AM
© Reuters.  India stocks mixed at close of trade; Nifty 50 up 0.09%
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Investing.com – India stocks were mixed after the close on Friday, as gains in the Public Sector Undertakings, Oil & Gas and Capital Goods sectors led shares higher while losses in the Fast Moving Consumer Goods, Healthcare and Consumer Durables sectors led shares lower.

At the close in NSE, the Nifty 50 gained 0.09% to hit a new all time high, while the BSE Sensex 30 index fell 0.07%.

The best performers of the session on the Nifty 50 were Oil And Natural Gas Corporation Ltd (NS:ONGC), which rose 4.06% or 11.25 points to trade at 288.30 at the close. Meanwhile, Reliance Industries Ltd (NS:RELI) added 2.64% or 81.95 points to end at 3,190.00 and State Bank Of India (NS:SBI) was up 2.50% or 20.95 points to 860.25 in late trade.

The worst performers of the session were HDFC Bank Ltd (NS:HDBK), which fell 4.47% or 77.15 points to trade at 1,650.00 at the close. Titan Company Ltd (NS:TITN) declined 1.90% or 63.50 points to end at 3,272.50 and Mahindra & Mahindra Ltd. (NS:MAHM) was down 0.92% or 26.80 points to 2,876.00.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 2.58% to 3,188.00, State Bank Of India (BO:SBI) which was up 2.47% to settle at 860.00 and NTPC Ltd (BO:NTPC) which gained 1.90% to close at 380.00.

The worst performers were HDFC Bank Ltd (BO:HDBK) which was down 4.40% to 1,650.70 in late trade, Titan Company Ltd (BO:TITN) which lost 1.84% to settle at 3,274.35 and Mahindra & Mahindra Ltd. (BO:MAHM) which was down 0.82% to 2,879.70 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1311 to 949 and 22 ended unchanged; on the Bombay Stock Exchange, 2157 rose and 1616 declined, while 90 ended unchanged.

Shares in Oil And Natural Gas Corporation Ltd (NS:ONGC) rose to 5-year highs; gaining 4.06% or 11.25 to 288.30. Shares in Reliance Industries Ltd (NS:RELI) rose to all time highs; up 2.64% or 81.95 to 3,190.00. Shares in Reliance Industries Ltd (BO:RELI) rose to all time highs; rising 2.58% or 80.10 to 3,188.00.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.24% to 12.69 a new 1-month low.

Gold Futures for August delivery was up 0.16% or 3.85 to $2,373.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.04% or 0.03 to hit $83.91 a barrel, while the September Brent oil contract fell 0.11% or 0.10 to trade at $87.33 a barrel.

USD/INR was unchanged 0.00% to 83.50, while EUR/INR rose 0.12% to 90.39.

The US Dollar Index Futures was down 0.40% at 104.65.

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