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India shares higher at close of trade; Nifty 50 up 0.16%

Published 05/03/2020, 10:45
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.16%
NSEI
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EICH
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HCLT
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HLL
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HALC
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KTKM
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RELI
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TEML
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INUS
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Investing.com – India equities were higher at the close on Thursday, as gains in the Fast Moving Consumer Goods, Consumer Durables and Banking sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 0.16%, while the BSE Sensex 30 index climbed 0.16%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd (NS:YESB), which rose 26.96% or 7.90 points to trade at 37.20 at the close. Eicher Motors Ltd. (NS:EICH) added 2.96% or 511.35 points to end at 17765.55 and Kotak Mahindra Bank Ltd. (NS:KTKM) was up 2.65% or 42.60 points to 1650.55 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd. (NS:ZEE), which lost 5.58% or 14.05 points to trade at 237.70 in late trade. Hindalco Industries Ltd. (NS:HALC) declined 2.96% or 4.75 points to end at 155.85 and Bharti Infratel Ltd (NS:BHRI) shed 2.56% or 5.65 points to 215.40.

The top performers on the BSE Sensex 30 were Kotak Mahindra Bank Ltd. (BO:KTKM) which rose 2.74% to 1651.70, HCL Technologies Ltd (BO:HCLT) which was up 2.17% to settle at 575.00 and Hindustan Unilever Ltd. (BO:HLL) which gained 2.12% to close at 2223.35.

The worst performers were Reliance Industries Ltd (BO:RELI) which was down 2.06% to 1311.50 in late trade, Tech Mahindra Ltd (BO:TEML) which lost 1.70% to settle at 757.90 and ICICI Bank Ltd (BO:ICBK) which was down 0.74% to 504.75 at the close.

Declining stocks outnumbered rising ones by 761 to 743 and 105 ended unchanged; on the Bombay Stock Exchange, 1171 fell and 1120 advanced, while 163 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.04% to 23.2475.

In commodities trading, Gold Futures for April delivery was up 0.17% or 2.85 to $1645.85 a troy ounce. Meanwhile, Crude oil for delivery in April fell 0.64% or 0.30 to hit $46.48 a barrel, while the May Brent oil contract fell 0.63% or 0.32 to trade at $50.81 a barrel.

USD/INR was down 0.37% to 73.255, while EUR/INR fell 0.07% to 81.8075.

The US Dollar Index Futures was down 0.25% at 97.062.

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