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India shares higher at close of trade; Nifty 50 up 0.29%

Published 14/06/2024, 11:30
India shares higher at close of trade; Nifty 50 up 0.29%
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Investing.com – India equities were higher at the close on Friday, as gains in the Capital Goods, Consumer Durables and Auto sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 0.29% to hit a new all time high, while the BSE Sensex 30 index climbed 0.24%.

The biggest gainers of the session on the Nifty 50 were Eicher Motors Ltd. (NS:EICH), which rose 2.78% or 133.60 points to trade at 4,935.10 at the close. Mahindra & Mahindra Ltd. (NS:MAHM) added 2.34% or 66.90 points to end at 2,928.60 and Adani Ports and Special Economic Zone Ltd (NS:APSE) was up 1.87% or 26.25 points to 1,430.70 in late trade.

Biggest losers included Tech Mahindra Ltd (NS:TEML), which lost 1.26% or 17.50 points to trade at 1,371.45 in late trade. Tata Consultancy Services Ltd. (NS:TCS) declined 1.19% or 46.10 points to end at 3,832.05 and Wipro Ltd (NS:WIPR) shed 1.06% or 5.10 points to 477.50.

The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:MAHM) which rose 2.18% to 2,926.40, Titan Company Ltd (BO:TITN) which was up 1.79% to settle at 3,533.75 and HDFC Bank Ltd (BO:HDBK) which gained 0.89% to close at 1,594.90.

The worst performers were Tech Mahindra Ltd (BO:TEML) which was down 1.35% to 1,371.35 in late trade, Tata Consultancy Services Ltd. (BO:TCS) which lost 1.17% to settle at 3,832.00 and Wipro Ltd (BO:WIPR) which was down 1.05% to 477.35 at the close.

Advancing stocks outnumbered falling ones by 1276 to 948 and 31 ended unchanged; on the Bombay Stock Exchange, 2124 rose and 1592 declined, while 109 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.93% to 12.82 a new 1-month low.

In commodities trading, Gold Futures for August delivery was up 1.05% or 24.40 to $2,342.40 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.18% or 0.14 to hit $78.48 a barrel, while the August Brent oil contract fell 0.04% or 0.03 to trade at $82.72 a barrel.

USD/INR was unchanged 0.01% to 83.56, while EUR/INR fell 0.39% to 89.35.

The US Dollar Index Futures was up 0.01% at 105.19.

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