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India shares higher at close of trade; Nifty 50 up 1.03%

Published 09/08/2024, 11:30
India shares higher at close of trade; Nifty 50 up 1.03%
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Investing.com – India equities were higher at the close on Friday, as gains in the Real Estate, Auto and Green Energy sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 1.03%, while the BSE Sensex 30 index gained 1.04%.

The biggest gainers of the session on the Nifty 50 were Eicher Motors Ltd. (NS:EICH), which rose 5.68% or 260.10 points to trade at 4,837.00 at the close. Mahindra & Mahindra Ltd. (NS:MAHM) added 3.02% or 81.05 points to end at 2,764.00 and Shriram Finance Ltd. (NS:SHMF) was up 2.88% or 82.80 points to 2,955.00 in late trade.

Biggest losers included Bharat Petroleum Corp. Ltd. (NS:BPCL), which lost 1.48% or 5.00 points to trade at 333.30 in late trade. HDFC Life Insurance Company Ltd (NS:HDFL) declined 1.09% or 7.75 points to end at 702.60 and Kotak Mahindra Bank Ltd. (NS:KTKM) shed 0.16% or 2.75 points to 1,770.00.

The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:MAHM) which rose 3.08% to 2,765.00, Tata Motors Ltd (BO:TAMO) which was up 2.85% to settle at 1,071.05 and Tech Mahindra Ltd (BO:TEML) which gained 2.68% to close at 1,505.70.

The worst performers were Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 0.13% to 1,770.50 in late trade, Maruti Suzuki India Ltd. (BO:MRTI) which lost 0.05% to settle at 12,208.00 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 0.01% to 1,736.00 at the close.

Advancing stocks outnumbered falling ones by 1480 to 936 and 48 ended unchanged; on the Bombay Stock Exchange, 2210 rose and 1528 declined, while 99 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 7.45% to 15.36.

In commodities trading, Gold Futures for December delivery was up 0.07% or 1.65 to $2,464.95 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.22% or 0.17 to hit $76.36 a barrel, while the October Brent oil contract rose 0.16% or 0.13 to trade at $79.29 a barrel.

USD/INR was down 0.07% to 83.95, while EUR/INR fell 0.04% to 91.67.

The US Dollar Index Futures was unchanged 0.00% at 103.02.

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