India stocks mixed at close of trade; Nifty 50 up 0.04%

India stocks mixed at close of trade; Nifty 50 up 0.04%

India stocks mixed at close of trade; Nifty 50 up 0.04% India stocks mixed at close of trade; Nifty 50 up 0.04%

Investing.com – India stocks were mixed after the close on Wednesday, as gains in the Real Estate, Metals and Consumer Durables sectors led shares higher while losses in the Banking, Healthcare and Carbon sectors led shares lower.

At the close in NSE, the Nifty 50 rose 0.04% to hit a new all time high, while the BSE Sensex 30 index declined 0.08%.

The best performers of the session on the Nifty 50 were GAIL Ltd (NS:GAIL), which rose 4.88% or 5.40 points to trade at 116.10 at the close. Meanwhile, Bharti Infratel Ltd (NS:BHRI) added 4.40% or 9.50 points to end at 225.50 and Oil And Natural Gas Corporation Ltd (NS:ONGC) was up 3.80% or 3.10 points to 84.65 in late trade.

The worst performers of the session were Kotak Mahindra Bank Ltd. (NS:KTKM), which fell 3.35% or 62.85 points to trade at 1813.00 at the close. HDFC Bank Ltd (NS:HDBK) declined 1.95% or 27.95 points to end at 1405.35 and Housing Development Finance Corporation Ltd (NS:HDFC) was down 1.43% or 32.95 points to 2274.00.

The top performers on the BSE Sensex 30 were Asian Paints Ltd. (BO:ASPN) which rose 3.74% to 2313.00, Oil And Natural Gas Corporation Ltd (BO:ONGC) which was up 3.74% to settle at 84.55 and Tata Steel Ltd (BO:TISC) which gained 3.19% to close at 604.25.

The worst performers were Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 3.29% to 1813.35 in late trade, HDFC Bank Ltd (BO:HDBK) which lost 1.93% to settle at 1405.90 and Housing Development Finance Corporation Ltd (BO:HDFC) which was down 1.28% to 2275.55 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 950 to 664 and 97 ended unchanged; on the Bombay Stock Exchange, 1667 rose and 1146 declined, while 145 ended unchanged.

Shares in Asian Paints Ltd. (BO:ASPN) rose to all time highs; rising 3.74% or 83.30 to 2313.00. Shares in Tata Steel Ltd (BO:TISC) rose to 52-week highs; rising 3.19% or 18.70 to 604.25.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.36% to 19.9075.

Gold Futures for February delivery was up 0.82% or 14.95 to $1833.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.11% or 0.05 to hit $44.50 a barrel, while the February Brent oil contract fell 0.04% or 0.02 to trade at $47.40 a barrel.

USD/INR was up 0.40% to 73.773, while EUR/INR rose 0.25% to 88.9155.

The US Dollar Index Futures was up 0.09% at 91.377.

Original Article

Leave a comment

Send a Comment

Your email address will not be published.

Enter text shown below: