India stocks higher at close of trade; Nifty 50 up 0.59%

Stock Markets6 minutes ago (Oct 08, 2021 06:45AM ET)

(C) Reuters. India stocks higher at close of trade; Nifty 50 up 0.59% – India stocks were higher after the close on Friday, as gains in the IT, Technology and Carbon sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.59% to hit a new all time high, while the BSE Sensex 30 index added 0.64%.

The best performers of the session on the Nifty 50 were Reliance Industries Ltd (NS:RELI), which rose 3.84% or 98.85 points to trade at 2671.25 at the close. Meanwhile, Wipro Ltd (NS:WIPR) added 2.83% or 18.20 points to end at 661.15 and Infosys Ltd (NS:INFY) was up 1.94% or 32.85 points to 1723.85 in late trade.

The worst performers of the session were SBI Life Insurance Company Ltd (NS:SBIL), which fell 1.53% or 18.60 points to trade at 1196.45 at the close. NTPC Ltd (NS:NTPC) declined 1.19% or 1.70 points to end at 141.10 and Coal India Ltd (NS:COAL) was down 1.18% or 2.25 points to 188.45.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 3.84% to 2670.85, Infosys Ltd (BO:INFY) which was up 1.91% to settle at 1723.55 and Tech Mahindra Ltd (BO:TEML) which gained 1.61% to close at 1440.00.

The worst performers were NTPC Ltd (BO:NTPC) which was down 1.16% to 141.10 in late trade, Hindustan Unilever Ltd. (BO:HLL) which lost 1.16% to settle at 2640.30 and Maruti Suzuki India Ltd. (BO:MRTI) which was down 0.88% to 7425.75 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 929 to 784 and 55 ended unchanged; on the Bombay Stock Exchange, 1746 rose and 1391 declined, while 137 ended unchanged.

Shares in Reliance Industries Ltd (NS:RELI) rose to all time highs; up 3.84% or 98.85 to 2671.25. Shares in Reliance Industries Ltd (BO:RELI) rose to all time highs; gaining 3.84% or 98.70 to 2670.85.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.11% to 15.6525.

Gold Futures for December delivery was up 0.04% or 0.65 to $1759.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.86% or 0.67 to hit $78.97 a barrel, while the December Brent oil contract rose 0.81% or 0.66 to trade at $82.61 a barrel.

USD/INR was up 0.23% to 74.980, while EUR/INR rose 0.36% to 86.7105.

The US Dollar Index Futures was down 0.06% at 94.165.

India stocks higher at close of trade; Nifty 50 up 0.59%

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