Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

India shares higher at close of trade; Nifty 50 up 0.41%

Published 27/08/2021, 11:45
Updated 27/08/2021, 11:45
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.41%

Investing.com – India equities were higher at the close on Friday, as gains in the Capital Goods, Power and Metals sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 0.41% to hit a new all time high, while the BSE Sensex 30 index added 0.31%.

The biggest gainers of the session on the Nifty 50 were UltraTech Cement Ltd (NS:ULTC), which rose 3.54% or 258.50 points to trade at 7565.60 at the close. Hindalco Industries Ltd. (NS:HALC) added 3.25% or 13.80 points to end at 437.90 and SBI Life Insurance Company Ltd (NS:SBIL) was up 2.80% or 32.25 points to 1184.05 in late trade.

Biggest losers included IndusInd Bank Ltd. (NS:INBK), which lost 1.13% or 11.30 points to trade at 990.20 in late trade. Infosys Ltd (NS:INFY) declined 1.09% or 18.90 points to end at 1708.80 and Mahindra & Mahindra Ltd. (NS:MAHM) shed 0.77% or 6.00 points to 775.40.

The top performers on the BSE Sensex 30 were UltraTech Cement Ltd (BO:ULTC) which rose 3.64% to 7572.70, Larsen & Toubro Ltd (BO:LART) which was up 2.66% to settle at 1637.65 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which gained 2.17% to close at 4601.25.

The worst performers were Infosys Ltd (BO:INFY) which was down 1.07% to 1708.45 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 1.04% to settle at 990.85 and Mahindra & Mahindra Ltd. (BO:MAHM) which was down 0.80% to 775.10 at the close.

Advancing stocks outnumbered falling ones by 1030 to 656 and 53 ended unchanged; on the Bombay Stock Exchange, 1811 rose and 1232 declined, while 124 ended unchanged on the India National Stock Exchange.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.98% to 13.4050.

In commodities trading, Gold Futures for December delivery was up 0.09% or 1.55 to $1796.75 a troy ounce. Meanwhile, Crude oil for delivery in October rose 1.65% or 1.11 to hit $68.53 a barrel, while the November Brent oil contract rose 1.42% or 1.00 to trade at $71.18 a barrel.

USD/INR was down 0.65% to 73.668, while EUR/INR fell 0.59% to 86.6155.

The US Dollar Index Futures was down 0.03% at 93.050.

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.