India stocks higher at close of trade; Nifty 50 up 0.72%

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

At the close in NSE, the Nifty 50 rose 0.72%, while the BSE Sensex 30 index added 0.73%.

The best performers of the session on the Nifty 50 were Adani Ports and Special Economic Zone Ltd (NS:APSE ), which rose 5.99% or 72.85 points to trade at 1,288.65 at the close. Meanwhile, NTPC Ltd (NS:NTPC ) added 2.58% or 9.25 points to end at 367.45 and Adani Enterprises Ltd (NS:ADEL ) was up 2.33% or 57.15 points to 2,514.20 in late trade.

The worst performers of the session were Wipro Ltd (NS:WIPR ), which fell 50.11% or 292.90 points to trade at 291.65 at the close. Bharti Airtel Ltd. (NS:BRTI ) declined 1.40% or 23.05 points to end at 1,620.55 and Hero MotoCorp Ltd (NS:HROM ) was down 1.08% or 51.45 points to 4,697.00.

The top performers on the BSE Sensex 30 were NTPC Ltd (BO:NTPC ) which rose 2.60% to 367.50, Axis Bank Ltd. (BO:AXBK ) which was up 2.18% to settle at 1,161.50 and State Bank Of India (BO:SBI ) which gained 1.99% to close at 852.85.

The worst performers were Bharti Airtel Ltd (BO:BRTI ) which was down 1.37% to 1,620.55 in late trade, ITC Ltd (BO:ITC ) which lost 1.00% to settle at 472.40 and Sun Pharmaceutical Industries Ltd. (BO:SUN ) which was down 0.39% to 1,801.20 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1781 to 704 and 152 ended unchanged; on the Bombay Stock Exchange, 2584 rose and 1212 declined, while 103 ended unchanged.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 1.99% to 14.41.

Gold Futures for February delivery was up 0.30% or 7.94 to $2,666.44 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.03% or 0.70 to hit $68.80 a barrel, while the February Brent oil contract rose 0.97% or 0.70 to trade at $72.53 a barrel.

USD/INR was down 0.05% to 84.68, while EUR/INR rose 0.18% to 89.14.

The US Dollar Index Futures was down 0.19% at 106.22.

Source: Investing.com