India stocks higher at close of trade; Nifty 50 up 1.51%

This post was originally published on this site

https://i-invdn-com.akamaized.net/news/LYNXMPED9O0DC_M.jpg

At the close in NSE, the Nifty 50 added 1.51% to hit a new 3-months high, while the BSE Sensex 30 index gained 1.53%.

The best performers of the session on the Nifty 50 were Bajaj Finserv Ltd (NS:BJFS), which rose 9.17% or 497.45 points to trade at 5925.00 at the close. Meanwhile, Bajaj Finance Ltd (NS:BJFN) added 6.55% or 165.40 points to end at 2691.35 and Reliance Industries Ltd (NS:RELI) was up 6.48% or 107.30 points to 1763.20 in late trade.

The worst performers of the session were IndusInd Bank Ltd. (NS:INBK), which fell 2.20% or 11.00 points to trade at 488.20 at the close. Mahindra & Mahindra Ltd. (NS:MAHM) declined 1.31% or 6.65 points to end at 499.95 and Vedanta Ltd (NS:VDAN) was down 1.26% or 1.35 points to 105.65.

The top performers on the BSE Sensex 30 were Bajaj Finance Ltd (BO:BJFN) which rose 6.74% to 2697.80, Reliance Industries Ltd (BO:RELI) which was up 6.23% to settle at 1759.50 and Power Grid Corporation of India Ltd (BO:PGRD) which gained 4.23% to close at 172.40.

The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 2.94% to 484.25 in late trade, ITC Ltd (BO:ITC) which lost 1.37% to settle at 184.10 and Mahindra & Mahindra Ltd. (BO:MAHM) which was down 1.35% to 499.90 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1143 to 475 and 46 ended unchanged; on the Bombay Stock Exchange, 1701 rose and 796 declined, while 136 ended unchanged.

Shares in Reliance Industries Ltd (NS:RELI) rose to all time highs; rising 6.48% or 107.30 to 1763.20. Shares in Reliance Industries Ltd (BO:RELI) rose to all time highs; gaining 6.23% or 103.25 to 1759.50.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.74% to 29.9650.

Gold Futures for August delivery was up 0.43% or 7.45 to $1738.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 2.75% or 1.07 to hit $39.91 a barrel, while the August Brent oil contract rose 2.24% or 0.93 to trade at $42.44 a barrel.

USD/INR was down 0.31% to 76.154, while EUR/INR fell 0.31% to 85.3080.

The US Dollar Index Futures was up 0.09% at 97.485.