Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did 😎Read how

India shares higher at close of trade; Nifty 50 up 0.80%

Published 10/05/2021, 11:45
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.80%

Investing.com – India equities were higher at the close on Monday, as gains in the Metals, Public Sector Undertakings and Capital Goods sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.80% to hit a new 1-month high, while the BSE Sensex 30 index added 0.60%.

The biggest gainers of the session on the Nifty 50 were Coal India Ltd (NS:COAL), which rose 7.45% or 10.20 points to trade at 147.05 at the close. UPL Ltd (NS:UPLL) added 7.18% or 45.20 points to end at 674.60 and Hindalco Industries Ltd. (NS:HALC) was up 6.21% or 24.90 points to 426.00 in late trade.

Biggest losers included Shree Cements Ltd. (NS:SHCM), which lost 1.90% or 530.05 points to trade at 27309.95 in late trade. Britannia Industries Ltd (NS:BRIT) declined 1.37% or 47.45 points to end at 3413.80 and UltraTech Cement Ltd (NS:ULTC) shed 1.22% or 78.80 points to 6403.10.

The top performers on the BSE Sensex 30 were Larsen & Toubro Ltd (BO:LART) which rose 3.89% to 1395.10, Dr. Reddy’s Laboratories Ltd (BO:REDY) which was up 3.01% to settle at 5329.10 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which gained 2.74% to close at 698.15.

The worst performers were UltraTech Cement Ltd (BO:ULTC) which was down 1.22% to 6405.75 in late trade, Infosys Ltd (BO:INFY) which lost 0.95% to settle at 1339.50 and Reliance Industries Ltd (BO:RELI) which was down 0.29% to 1925.70 at the close.

Advancing stocks outnumbered falling ones by 1159 to 532 and 64 ended unchanged; on the Bombay Stock Exchange, 1969 rose and 1005 declined, while 209 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 2.87% to 20.2250.

In commodities trading, Gold Futures for June delivery was up 0.44% or 8.05 to $1839.35 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.51% or 0.33 to hit $65.23 a barrel, while the July Brent oil contract rose 0.63% or 0.43 to trade at $68.71 a barrel.

USD/INR was up 0.06% to 73.296, while EUR/INR rose 0.19% to 89.2120.

The US Dollar Index Futures was down 0.12% at 90.112.

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.