👀 Copy Legendary Investors' Portfolios in One ClickCopy For Free

India shares higher at close of trade; Nifty 50 up 1.71%

Published 08/12/2021, 10:45
© Reuters India shares higher at close of trade; Nifty 50 up 1.71%
NSEI
-
NIFVIX
-
BJFN
-
DIVI
-
HALC
-
KTKM
-
MRTI
-
PGRD
-
SBI
-
NEST
-
BSESN
-
BSEAUTO
-
BSESITIP
-
BSETECK
-
HDFL
-

Investing.com – India equities were higher at the close on Wednesday, as gains in the Auto, Technology and IT sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 1.71%, while the BSE Sensex 30 index climbed 1.76%.

The biggest gainers of the session on the Nifty 50 were Bajaj Finance Ltd (NS:BJFN), which rose 3.64% or 258.35 points to trade at 7361.50 at the close. Maruti Suzuki India Ltd. (NS:MRTI) added 3.46% or 248.30 points to end at 7434.90 and Hindalco Industries Ltd. (NS:HALC) was up 3.38% or 14.95 points to 457.45 in late trade.

Biggest losers included HDFC Life Insurance Company Ltd (NS:HDFL), which lost 1.15% or 8.00 points to trade at 686.40 in late trade. Kotak Mahindra Bank Ltd. (NS:KTKM) declined 0.86% or 16.70 points to end at 1920.45 and Divi's Laboratories Ltd. (NS:DIVI) shed 0.43% or 19.85 points to 4604.95.

The top performers on the BSE Sensex 30 were Bajaj Finance Ltd (BO:BJFN) which rose 3.67% to 7363.45, Maruti Suzuki India Ltd. (BO:MRTI) which was up 3.48% to settle at 7437.25 and State Bank Of India (BO:SBI) which gained 3.11% to close at 491.45.

The worst performers were Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 0.85% to 1921.60 in late trade, Power Grid Corporation of India Ltd (BO:PGRD) which lost 0.49% to settle at 204.85 and Nestle India Ltd (BO:NEST) which was up 0.44% to 19422.05 at the close.

Advancing stocks outnumbered falling ones by 1339 to 444 and 31 ended unchanged; on the Bombay Stock Exchange, 2255 rose and 938 declined, while 126 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 6.47% to 17.2650.

In commodities trading, Gold Futures for February delivery was up 0.48% or 8.55 to $1793.25 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.72% or 0.52 to hit $71.53 a barrel, while the February Brent oil contract fell 0.45% or 0.34 to trade at $75.10 a barrel.

USD/INR was up 0.11% to 75.472, while EUR/INR rose 0.35% to 85.2345.

The US Dollar Index Futures was down 0.19% at 96.183.

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.