India stocks higher at close of trade; Nifty 50 up 0.48%

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

At the close in NSE, the Nifty 50 gained 0.48%, while the BSE Sensex 30 index gained 0.45%.

The best performers of the session on the Nifty 50 were State Bank Of India (NS:SBI ), which rose 5.13% or 40.65 points to trade at 832.70 at the close. Meanwhile, Bharat Electronics Ltd (NS:BAJE ) added 5.04% or 13.60 points to end at 283.65 and Eicher Motors Ltd. (NS:EICH ) was up 3.76% or 177.50 points to 4,898.15 in late trade.

The worst performers of the session were Tata Motors Ltd (NS:TAMO ), which fell 4.06% or 35.70 points to trade at 842.75 at the close. Maruti Suzuki India Ltd. (NS:MRTI ) declined 3.81% or 437.25 points to end at 11,046.00 and Hero MotoCorp Ltd (NS:HROM ) was down 2.85% or 140.35 points to 4,787.45.

The top performers on the BSE Sensex 30 were State Bank Of India (BO:SBI ) which rose 5.00% to 831.65, ICICI Bank Ltd (BO:ICBK ) which was up 3.13% to settle at 1,333.05 and Bajaj Finserv Ltd (BO:BJFS ) which gained 2.07% to close at 1,766.00.

The worst performers were Maruti Suzuki India Ltd. (BO:MRTI ) which was down 4.11% to 11,010.00 in late trade, Tata Motors Ltd (BO:TAMO ) which lost 3.90% to settle at 844.40 and Sun Pharmaceutical Industries Ltd. (BO:SUN ) which was down 2.14% to 1,862.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1470 to 986 and 88 ended unchanged; on the Bombay Stock Exchange, 2123 rose and 1562 declined, while 124 ended unchanged.

The India VIX , which measures the implied volatility of Nifty 50 options, was up 1.63% to 14.52.

Gold Futures for December delivery was up 0.18% or 4.90 to $2,760.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.02% or 0.69 to hit $68.07 a barrel, while the January Brent oil contract rose 0.99% or 0.70 to trade at $71.70 a barrel.

USD/INR was up 0.02% to 84.09, while EUR/INR fell 0.08% to 90.84.

The US Dollar Index Futures was up 0.05% at 104.23.

Source: Investing.com