3 months ago
Stock Market

India stocks higher at close of trade; Nifty 50 up 0.19%

Investing.com – India stocks were higher after the close on Tuesday, as gains in the Power, Capital Goods and Public

Investing.com – India stocks were higher after the close on Tuesday, as gains in the Power, Capital Goods and Public Sector Undertakings sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.19% to hit a new 1-month high, while the BSE Sensex 30 index climbed 0.21%.

The best performers of the session on the Nifty 50 were Sun Pharmaceutical Industries Ltd. (NS:SUN), which rose 2.80% or 11.80 points to trade at 433.45 at the close. Meanwhile, Bajaj Finance Ltd (NS:BJFN) added 2.37% or 58.60 points to end at 2532.20 and Power Grid Corporation of India Ltd (NS:PGRD) was up 1.45% or 2.80 points to 196.35 in late trade.

The worst performers of the session were Zee Entertainment Enterprises Ltd. (NS:ZEE), which fell 7.80% or 39.15 points to trade at 462.70 at the close. UPL Ltd (NS:UPLL) declined 3.07% or 23.55 points to end at 743.65 and Infosys Ltd (NS:INFY) was down 2.51% or 17.40 points to 676.60.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:SUN) which rose 2.98% to 433.10, Power Grid Corporation of India Ltd (BO:PGRD) which was up 1.74% to settle at 195.85 and Mahindra&Mahindra Ltd. (BO:MAHM) which gained 1.62% to close at 770.80.

The worst performers were Infosys Ltd (BO:INFY) which was down 2.48% to 676.35 in late trade, Wipro Ltd (BO:WIPR) which lost 1.29% to settle at 335.40 and Yes Bank Ltd (BO:YESB) which was down 1.21% to 178.90 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 879 to 685 and 81 ended unchanged; on the Bombay Stock Exchange, 1378 rose and 1092 declined, while 151 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.26% to 14.5775.

Gold Futures for February delivery was up 0.09% or 1.15 to $1252.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 3.11% or 1.56 to hit $48.64 a barrel, while the February Brent oil contract fell 2.78% or 1.66 to trade at $57.95 a barrel.

USD/INR was down 1.08% to 70.825, while EUR/INR fell 0.79% to 80.6205.

The US Dollar Index Futures was down 0.24% at 96.322.