India stocks higher at close of trade; Nifty 50 up 0.85%

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

At the close in NSE, the Nifty 50 gained 0.85%, while the BSE Sensex 30 index added 0.85%.

The best performers of the session on the Nifty 50 were JSW Steel Ltd (NS:JSTL ), which rose 4.67% or 44.60 points to trade at 999.50 at the close. Meanwhile, Bajaj Auto Ltd (NS:BAJA ) added 3.67% or 349.30 points to end at 9,874.85 and Tata Steel Ltd (NS:TISC ) was up 3.63% or 5.34 points to 152.29 in late trade.

The worst performers of the session were Coal India Ltd (NS:COAL ), which fell 1.89% or 8.40 points to trade at 434.90 at the close. Adani Ports and Special Economic Zone Ltd (NS:APSE ) declined 1.47% or 19.90 points to end at 1,329.35 and Trent Ltd (NS:TREN ) was down 1.35% or 95.40 points to 6,968.35.

The top performers on the BSE Sensex 30 were JSW Steel Ltd (BO:JSTL ) which rose 4.73% to 1,000.00, Tata Steel Ltd (BO:TISC ) which was up 3.74% to settle at 152.45 and Axis Bank Ltd. (BO:AXBK ) which gained 2.63% to close at 1,170.00.

The worst performers were ITC Ltd (BO:ITC ) which was down 0.86% to 480.55 in late trade, Asian Paints Ltd. (BO:ASPN ) which lost 0.79% to settle at 2,892.00 and Infosys Ltd (BO:INFY ) which was down 0.67% to 1,753.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1598 to 857 and 121 ended unchanged; on the Bombay Stock Exchange, 2315 rose and 1453 declined, while 104 ended unchanged.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 4.12% to 16.00.

Gold Futures for December delivery was up 0.05% or 1.30 to $2,747.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.41% or 0.29 to hit $71.76 a barrel, while the January Brent oil contract rose 0.41% or 0.31 to trade at $75.39 a barrel.

USD/INR was down 0.07% to 84.10, while EUR/INR rose 0.08% to 91.61.

The US Dollar Index Futures was down 0.11% at 103.68.

Source: Investing.com