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India shares higher at close of trade; Nifty 50 up 0.73%

Published 03/06/2021, 11:45
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.73%
NSEI
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Investing.com – India equities were higher at the close on Thursday, as gains in the Consumer Durables, Real Estate and Capital Goods sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 0.73% to hit a new all time high, while the BSE Sensex 30 index gained 0.74%.

The biggest gainers of the session on the Nifty 50 were Titan Company Ltd (NS:TITN), which rose 6.65% or 105.50 points to trade at 1691.20 at the close. Oil And Natural Gas Corporation Ltd (NS:ONGC) added 4.03% or 4.75 points to end at 122.50 and Eicher Motors Ltd. (NS:EICH) was up 3.36% or 90.00 points to 2767.75 in late trade.

Biggest losers included IndusInd Bank Ltd. (NS:INBK), which lost 2.16% or 22.25 points to trade at 1005.75 in late trade. Wipro Ltd (NS:WIPR) declined 0.73% or 3.95 points to end at 539.05 and Cipla Ltd. (NS:CIPL) shed 0.68% or 6.45 points to 948.25.

The top performers on the BSE Sensex 30 were Titan Company Ltd (BO:TITN) which rose 6.69% to 1691.00, Oil And Natural Gas Corporation Ltd (BO:ONGC) which was up 4.16% to settle at 122.65 and Larsen & Toubro Ltd (BO:LART) which gained 2.64% to close at 1510.25.

The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 2.15% to 1005.85 in late trade, Power Grid Corporation of India Ltd (BO:PGRD) which lost 0.68% to settle at 225.85 and Mahindra & Mahindra Ltd. (BO:MAHM) which was down 0.51% to 802.10 at the close.

Advancing stocks outnumbered falling ones by 1166 to 530 and 43 ended unchanged; on the Bombay Stock Exchange, 2088 rose and 955 declined, while 118 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 8.51% to 15.7450 a new 52-week low.

In commodities trading, Gold Futures for August delivery was down 0.62% or 11.90 to $1898.00 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.23% or 0.16 to hit $68.67 a barrel, while the August Brent oil contract fell 0.17% or 0.12 to trade at $71.23 a barrel.

USD/INR was down 0.05% to 72.915, while EUR/INR fell 0.20% to 88.8825.

The US Dollar Index Futures was up 0.14% at 90.028.

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