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India shares higher at close of trade; Nifty 50 up 0.55%

Published 01/07/2024, 11:30
India shares higher at close of trade; Nifty 50 up 0.55%
USD/INR
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EUR/INR
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GC
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LCO
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NSEI
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NIFVIX
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APLH
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EICH
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GRAS
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NTPC
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SBI
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SUN
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TEML
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ULTC
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WIPR
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BSESN
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BSETECK
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Investing.com – India equities were higher at the close on Monday, as gains in the Technology, Consumer Durables and Metals sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 0.55% to hit a new all time high, while the BSE Sensex 30 index gained 0.56%.

The biggest gainers of the session on the Nifty 50 were Tech Mahindra Ltd (NS:TEML), which rose 2.92% or 41.75 points to trade at 1,472.10 at the close. Wipro Ltd (NS:WIPR) added 2.43% or 12.50 points to end at 527.35 and Grasim Industries Ltd (NS:GRAS) was up 2.10% or 55.95 points to 2,726.40 in late trade.

Biggest losers included NTPC Ltd (NS:NTPC), which lost 2.27% or 8.60 points to trade at 369.75 in late trade. Eicher Motors Ltd. (NS:EICH) declined 0.92% or 42.95 points to end at 4,630.00 and Apollo Hospitals Enterprises Ltd. (NS:APLH) shed 0.82% or 50.95 points to 6,134.75.

The top performers on the BSE Sensex 30 were Tech Mahindra Ltd (BO:TEML) which rose 2.94% to 1,472.25, Wipro Ltd (BO:WIPR) which was up 2.36% to settle at 527.05 and UltraTech Cement Ltd (BO:ULTC) which gained 2.16% to close at 11,913.00.

The worst performers were NTPC Ltd (BO:NTPC) which was down 1.94% to 371.00 in late trade, State Bank Of India (BO:SBI) which lost 0.67% to settle at 843.20 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 0.65% to 1,512.55 at the close.

Advancing stocks outnumbered falling ones by 1631 to 661 and 24 ended unchanged; on the Bombay Stock Exchange, 2537 rose and 1314 declined, while 141 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.20% to 13.83.

In commodities trading, Gold Futures for August delivery was down 0.02% or 0.50 to $2,339.10 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.39% or 0.32 to hit $81.86 a barrel, while the September Brent oil contract rose 0.42% or 0.36 to trade at $85.36 a barrel.

USD/INR was up 0.09% to 83.44, while EUR/INR rose 0.46% to 89.72.

The US Dollar Index Futures was down 0.20% at 105.33.

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