India Stock Market Update

Investing.com reported that Indian stocks closed higher on Thursday, with gains in the Banking, Power, and Public Sector Undertakings sectors.

At the close in the NSE, the Nifty 50 increased by 0.07%, while the BSE Sensex 30 climbed by 0.18%.

Top Performers

• Nifty 50:

  • Kotak Mahindra Bank Ltd. (NS:KTKM): +4.18% (+75.30 points) to 1,876.10
  • HDFC Bank Ltd (NS:HDBK): +1.79% (+29.25 points) to 1,662.40
  • Maruti Suzuki India Ltd. (NS:MRTI): +1.44% (+183.40 points) to 12,944.10

• BSE Sensex 30:

  • Kotak Mahindra Bank Ltd. (BO:KTKM): +3.90% to 1,870.85
  • JSW Steel Ltd (BO:JSTL): +1.82% to 1,013.10
  • HDFC Bank Ltd (BO:HDBK): +1.63% to 1,660.30

Worst Performers

• Nifty 50:

  • Cipla Ltd. (NS:CIPL): -3.67% (-61.60 points) to 1,618.90
  • Tech Mahindra Ltd (NS:TEML): -2.36% (-39.10 points) to 1,619.70
  • Sun Pharmaceutical Industries Ltd. (NS:SUN): -2.23% (-43.10 points) to 1,887.75

• BSE Sensex 30:

  • Tech Mahindra Ltd (BO:TEML): -2.82% to 1,612.00
  • Sun Pharmaceutical Industries Ltd. (BO:SUN): -1.90% to 1,894.45
  • Infosys Ltd (BO:INFY): -1.68% to 1,921.00

Market Summary

Rising stocks outnumbered declining ones on the India National Stock Exchange with 1303 advances and 1162 declines, while there were 99 unchanged. On the Bombay Stock Exchange, 2159 rose and 1582 declined, with 121 unchanged.

The India VIX, a measure of implied volatility of Nifty 50 options, decreased by 4.66% to 13.47.

Commodity Prices

• Gold Futures (December delivery): +0.33% (+8.55) to $2,634.55 per troy ounce.
• Crude Oil (November delivery): +1.50% (+1.10) to $74.34 per barrel.
• Brent Oil (December contract): +1.42% (+1.09) to $77.67 per barrel.

Currency Exchange

• USD/INR: +0.02% to 83.97
• EUR/INR: -0.02% to 91.83
• US Dollar Index Futures: -0.03% at 102.66.