Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

India stocks higher at close of trade; Nifty 50 up 2.29%

Published 04/22/2020, 06:45 AM
Updated 04/22/2020, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 2.29%

Investing.com – India stocks were higher after the close on Wednesday, as gains in the Auto, Fast Moving Consumer Goods and Carbon sectors led shares higher.

At the close in NSE, the Nifty 50 added 2.29%, while the BSE Sensex 30 index climbed 2.42%.

The best performers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd. (NS:ZEE), which rose 20.00% or 25.85 points to trade at 155.10 at the close. Meanwhile, Reliance Industries Ltd (NS:RELI) added 9.83% or 121.65 points to end at 1359.00 and Asian Paints Ltd. (NS:ASPN) was up 5.27% or 90.90 points to 1816.90 in late trade.

The worst performers of the session were Oil And Natural Gas Corporation Ltd (NS:ONGC), which fell 5.62% or 3.90 points to trade at 65.45 at the close. Vedanta Ltd (NS:VDAN) declined 2.55% or 2.00 points to end at 76.45 and Larsen & Toubro Ltd (NS:LART) was down 1.71% or 14.85 points to 855.50.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 10.30% to 1363.35, Asian Paints Ltd. (BO:ASPN) which was up 5.30% to settle at 1817.00 and IndusInd Bank Ltd. (BO:INBK) which gained 3.93% to close at 416.55.

The worst performers were Oil And Natural Gas Corporation Ltd (BO:ONGC) which was down 5.63% to 65.35 in late trade, Larsen & Toubro Ltd (BO:LART) which lost 2.07% to settle at 852.65 and Power Grid Corporation of India Ltd (BO:PGRD) which was down 0.34% to 162.10 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 823 to 694 and 81 ended unchanged; on the Bombay Stock Exchange, 1234 rose and 1041 declined, while 155 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 5.25% to 42.8225.

Gold Futures for June delivery was up 1.88% or 31.70 to $1719.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.09% or 0.01 to hit $11.56 a barrel, while the June Brent oil contract rose 2.79% or 0.54 to trade at $19.87 a barrel.

USD/INR was down 0.62% to 76.490, while EUR/INR fell 0.53% to 83.1180.

The US Dollar Index Futures was down 0.20% at 100.170.

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.