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India shares higher at close of trade; Nifty 50 up 1.27%

Published 26/03/2021, 10:45
© Reuters India shares higher at close of trade; Nifty 50 up 1.27%
NSEI
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Investing.com – India equities were higher at the close on Friday, as gains in the Metals, Consumer Durables and Fast Moving Consumer Goods sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 1.27%, while the BSE Sensex 30 index gained 1.17%.

The biggest gainers of the session on the Nifty 50 were Tata Steel Ltd (NS:TISC), which rose 5.82% or 42.10 points to trade at 765.25 at the close. Bajaj Finserv Ltd (NS:BJFS) added 4.44% or 402.45 points to end at 9460.00 and Asian Paints Ltd. (NS:ASPN) was up 3.99% or 95.80 points to 2498.00 in late trade.

Biggest losers included UPL Ltd (NS:UPLL), which lost 1.39% or 8.30 points to trade at 587.35 in late trade. Power Grid Corporation of India Ltd (NS:PGRD) declined 1.25% or 2.70 points to end at 213.70 and Eicher Motors Ltd. (NS:EICH) shed 0.72% or 18.55 points to 2561.90.

The top performers on the BSE Sensex 30 were Bajaj Finserv Ltd (BO:BJFS) which rose 4.49% to 9466.65, Asian Paints Ltd. (BO:ASPN) which was up 4.28% to settle at 2504.55 and Titan Company Ltd (BO:TITN) which gained 4.06% to close at 1509.45.

The worst performers were Power Grid Corporation of India Ltd (BO:PGRD) which was down 0.97% to 214.60 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 0.58% to settle at 952.70 and ITC Ltd (BO:ITC) which was down 0.17% to 210.90 at the close.

Advancing stocks outnumbered falling ones by 1020 to 651 and 56 ended unchanged; on the Bombay Stock Exchange, 1583 rose and 1263 declined, while 168 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 9.02% to 20.6500.

In commodities trading, Gold Futures for April delivery was up 0.03% or 0.60 to $1725.70 a troy ounce. Meanwhile, Crude oil for delivery in May rose 2.10% or 1.23 to hit $59.79 a barrel, while the May Brent oil contract rose 1.82% or 1.13 to trade at $63.08 a barrel.

USD/INR was down 0.22% to 72.500, while EUR/INR fell 0.06% to 85.4265.

The US Dollar Index Futures was down 0.03% at 92.797.

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