👀 Copy Legendary Investors' Portfolios in One ClickCopy For Free

India shares higher at close of trade; Nifty 50 up 0.96%

Published 13/12/2024, 10:30
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.96%
USD/INR
-
EUR/INR
-
GC
-
LCO
-
NSEI
-
NIFVIX
-
BRTI
-
ITC
-
KTKM
-
BSESN
-
BSETECK
-
BSEBANK
-

Investing.com – India equities were higher at the close on Friday, as gains in the Technology, Consumer Durables and Banking sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.96% to hit a new 1-month high, while the BSE Sensex 30 index climbed 1.06%.

The biggest gainers of the session on the Nifty 50 were Bharti Airtel Ltd. (NS:BRTI), which rose 4.42% or 71.20 points to trade at 1,681.75 at the close. Kotak Mahindra Bank Ltd. (NS:KTKM) added 2.09% or 36.95 points to end at 1,805.65 and ITC Ltd (NS:ITC) was up 2.04% or 9.40 points to 470.00 in late trade.

Biggest losers included Shriram Finance Ltd. (NS:SHMF), which lost 2.63% or 85.55 points to trade at 3,162.55 in late trade. Tata Steel Ltd (NS:TISC) declined 1.21% or 1.83 points to end at 148.95 and IndusInd Bank Ltd. (NS:INBK) shed 1.13% or 11.30 points to 986.65.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 4.31% to 1,680.75, ITC Ltd (BO:ITC) which was up 2.39% to settle at 471.60 and Kotak Mahindra Bank Ltd. (BO:KTKM) which gained 2.00% to close at 1,805.00.

The worst performers were Tata Steel Ltd (BO:TISC) which was down 1.39% to 148.75 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 1.05% to settle at 987.45 and JSW Steel Ltd (BO:JSTL) which was down 0.90% to 997.50 at the close.

Declining stocks outnumbered rising ones by 1476 to 982 and 160 ended unchanged; on the Bombay Stock Exchange, 2075 fell and 1735 advanced, while 111 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.54% to 12.99 a new 1-month low.

In commodities trading, Gold Futures for February delivery was down 0.75% or 20.26 to $2,689.14 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.87% or 0.61 to hit $70.63 a barrel, while the February Brent oil contract rose 0.80% or 0.59 to trade at $74.00 a barrel.

USD/INR was down 0.07% to 84.79, while EUR/INR rose 0.18% to 88.95.

The US Dollar Index Futures was up 0.02% at 106.67.

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.