India stocks higher at close of trade; Nifty 50 up 5.83%
Investing.com
Published Mar 20, 2020 06:45AM ET
India stocks higher at close of trade; Nifty 50 up 5.83%
Investing.com – India stocks were higher after the close on Friday, as gains in the Oil & Gas, IT and Fast Moving Consumer Goods sectors led shares higher.
At the close in NSE, the Nifty 50 gained 5.83%, while the BSE Sensex 30 index added 5.75%.
The best performers of the session on the Nifty 50 were Bharti Infratel Ltd (NS:BHRI), which rose 22.61% or 28.05 points to trade at 152.10 at the close. Meanwhile, Oil And Natural Gas Corporation Ltd (NS:ONGC) added 17.77% or 10.85 points to end at 71.90 and GAIL Ltd (NS:GAIL) was up 16.43% or 11.40 points to 80.80 in late trade.
The worst performers of the session were Yes Bank Ltd (NS:YESB), which fell 14.67% or 7.90 points to trade at 45.95 at the close. HDFC Bank Ltd (NS:HDBK) declined 1.60% or 14.30 points to end at 881.25 and Adani Port and Special Economic Zone Ltd (NS:APSE) was down 1.22% or 3.15 points to 255.20.
The top performers on the BSE Sensex 30 were Oil And Natural Gas Corporation Ltd (BO:ONGC) which rose 18.58% to 72.45, UltraTech Cement Ltd (BO:ULTC) which was up 13.01% to settle at 3580.45 and Hindustan Unilever Ltd. (BO:HLL) which gained 11.75% to close at 2052.50.
The worst performers were HDFC Bank Ltd (BO:HDBK) which was down 1.39% to 882.40 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 0.88% to settle at 439.95 and AXIS Bank Ltd. (BO:AXBK) which was up 0.14% to 428.35 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 983 to 553 and 80 ended unchanged; on the Bombay Stock Exchange, 1380 rose and 952 declined, while 134 ended unchanged.
Shares in Adani Port and Special Economic Zone Ltd (NS:APSE) fell to 3-years lows; down 1.22% or 3.15 to 255.20. Shares in IndusInd Bank Ltd. (BO:INBK) fell to 5-year lows; falling 0.88% or 3.90 to 439.95.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 7.06% to 67.1000.
Gold Futures for April delivery was up 2.20% or 32.60 to $1511.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 6.06% or 1.57 to hit $27.48 a barrel, while the May Brent oil contract rose 5.13% or 1.46 to trade at $29.93 a barrel.
USD/INR was up 0.38% to 75.065, while EUR/INR rose 0.74% to 80.5335.
The US Dollar Index Futures was down 1.00% at 102.565.
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Written By: Investing.com
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