India stocks higher at close of trade; Nifty 50 up 2.29% By Investing.com


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

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

At the close in NSE, the gained 2.29%, while the index climbed 2.25%.

The best performers of the session on the were IndusInd Bank Ltd. (NS:), which rose 5.45% or 63.00 points to trade at 1,219.25 at the close. Meanwhile, Adani Ports and Special Economic Zone Ltd (NS:) added 4.93% or 38.65 points to end at 823.05 and Bajaj Finance Ltd (NS:) was up 4.42% or 316.90 points to 7,488.70 in late trade.

The worst performers of the session were Power Grid Corporation of India Ltd (NS:), which fell 0.95% or 2.00 points to trade at 208.80 at the close. Dr. Reddy’s Laboratories Ltd (NS:) declined 0.13% or 5.65 points to end at 4,414.00 and Sun Pharmaceutical Industries Ltd. (NS:) was up 0.01% or 0.05 points to 944.55.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:) which rose 5.29% to 1,217.30, Bajaj Finance Ltd (BO:) which was up 4.23% to settle at 7,475.00 and Tata Consultancy Services Ltd. (BO:) which gained 3.58% to close at 3,092.50.

The worst performers were Power Grid Corporation of India Ltd (BO:) which was down 1.07% to 208.50 in late trade, Sun Pharmaceutical Industries Ltd. (BO:) which lost 0.24% to settle at 942.25 and Dr. Reddy’s Laboratories Ltd (BO:) which was down 0.18% to 4,412.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1491 to 357 and 40 ended unchanged; on the Bombay Stock Exchange, 2454 rose and 836 declined, while 125 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 8.40% to 19.57.

Gold Futures for December delivery was up 0.97% or 16.55 to $1,718.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.81% or 0.68 to hit $84.31 a barrel, while the December Brent oil contract rose 0.98% or 0.87 to trade at $89.73 a barrel.

USD/INR was up 0.09% to 81.57, while EUR/INR rose 0.82% to 80.72.

The US Dollar Index Futures was down 0.57% at 111.02.

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