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India stocks higher at close of trade; Nifty 50 up 1.17% By Investing.com

ByInvesting.com

Dec 26, 2022

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© Reuters. India stocks higher at close of trade; Nifty 50 up 1.17%

Investing.com – India stocks were higher after the close on Monday, as gains in the , and sectors led shares higher.

At the close in NSE, the rose 1.17%, while the index gained 1.20%.

The best performers of the session on the were IndusInd Bank Ltd. (NS:), which rose 4.17% or 47.85 points to trade at 1,195.70 at the close. Meanwhile, State Bank Of India (NS:) added 4.02% or 23.10 points to end at 597.10 and Hindalco Industries Ltd. (NS:) was up 2.99% or 12.85 points to 442.40 in late trade.

The worst performers of the session were Cipla Ltd. (NS:), which fell 2.02% or 22.65 points to trade at 1,096.50 at the close. Divi’s Laboratories Ltd. (NS:) declined 1.99% or 69.65 points to end at 3,428.80 and Dr. Reddy’s Laboratories Ltd (NS:) was down 1.43% or 61.85 points to 4,248.60.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:) which rose 3.99% to 1,193.30, State Bank Of India (BO:) which was up 3.97% to settle at 596.75 and Tata Steel Ltd (BO:) which gained 2.74% to close at 105.00.

The worst performers were Dr. Reddy’s Laboratories Ltd (BO:) which was down 1.49% to 4,247.55 in late trade, Nestle India Ltd (BO:) which lost 1.24% to settle at 19,896.05 and Kotak Mahindra Bank Ltd. (BO:) which was down 0.45% to 1,811.70 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1703 to 258 and 33 ended unchanged; on the Bombay Stock Exchange, 2770 rose and 736 declined, while 131 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 1.41% to 15.93.

Gold Futures for February delivery was up 0.60% or 10.70 to $1,806.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 2.40% or 1.86 to hit $79.35 a barrel, while the March Brent oil contract unchanged 0.00% or 0.00 to trade at $84.50 a barrel.

USD/INR was down 0.15% to 82.65, while EUR/INR fell 0.07% to 87.80.

The US Dollar Index Futures was down 0.08% at 104.04.

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