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India shares higher at close of trade; Nifty 50 up 1.05%

Published 20/04/2022, 11:45
© Reuters.  India shares higher at close of trade; Nifty 50 up 1.05%
NSEI
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Investing.com – India equities were higher at the close on Wednesday, as gains in the Auto, Oil & Gas and Technology sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 1.05%, while the BSE Sensex 30 index gained 1.02%.

The biggest gainers of the session on the Nifty 50 were Bharat Petroleum Corp. Ltd. (NS:BPCL), which rose 3.75% or 14.10 points to trade at 389.95 at the close. Shree Cements Ltd. (NS:SHCM) added 3.68% or 914.10 points to end at 25,775.00 and Tata Motors Ltd (NS:TAMO) was up 3.67% or 15.60 points to 440.55 in late trade.

Biggest losers included Bajaj Finance Ltd (NS:BJFN), which lost 3.13% or 227.05 points to trade at 7,032.50 in late trade. ICICI Bank Ltd (NS:ICBK) declined 1.40% or 10.75 points to end at 755.55 and Bajaj Finserv Ltd (NS:BJFS) shed 1.34% or 211.25 points to 15,509.30.

The top performers on the BSE Sensex 30 were UltraTech Cement Ltd (BO:ULTC) which rose 3.52% to 6,808.55, Asian Paints Ltd. (BO:ASPN) which was up 3.17% to settle at 3,083.20 and Maruti Suzuki India Ltd. (BO:MRTI) which gained 3.10% to close at 7,668.65.

The worst performers were Bajaj Finance Ltd (BO:BJFN) which was down 3.35% to 7,032.35 in late trade, ICICI Bank Ltd (BO:ICBK) which lost 1.45% to settle at 755.55 and Bajaj Finserv Ltd (BO:BJFS) which was down 1.15% to 15,509.10 at the close.

Advancing stocks outnumbered falling ones by 949 to 873 and 44 ended unchanged; on the Bombay Stock Exchange, 1666 rose and 1615 declined, while 107 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 5.58% to 18.67.

In commodities trading, Gold Futures for June delivery was down 0.19% or 3.75 to $1,955.25 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.99% or 1.01 to hit $103.06 a barrel, while the June Brent oil contract rose 0.90% or 0.96 to trade at $108.21 a barrel.

USD/INR was down 0.35% to 76.19, while EUR/INR rose 0.31% to 82.69.

The US Dollar Index Futures was down 0.64% at 100.32.

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