India stocks higher at close of trade; Nifty 50 up 0.88%

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

At the close in NSE, the Nifty 50 added 0.88%, while the BSE Sensex 30 index climbed 0.72%.

The best performers of the session on the Nifty 50 were Adani Enterprises Ltd (NS:ADEL ), which rose 4.73% or 142.70 points to trade at 3,160.70 at the close. Meanwhile, Adani Ports and Special Economic Zone Ltd (NS:APSE ) added 4.67% or 63.35 points to end at 1,418.55 and Mahindra & Mahindra Ltd. (NS:MAHM ) was up 3.45% or 105.65 points to 3,165.85 in late trade.

The worst performers of the session were SBI Life Insurance Company Ltd (NS:SBIL ), which fell 3.35% or 59.90 points to trade at 1,728.05 at the close. Tata Steel Ltd (NS:TISC ) declined 2.94% or 4.84 points to end at 159.52 and Titan Company Ltd (NS:TITN ) was down 2.67% or 95.90 points to 3,493.35.

The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:MAHM ) which rose 3.48% to 3,167.70, Reliance Industries Ltd (BO:RELI ) which was up 2.12% to settle at 2,799.00 and HDFC Bank Ltd (BO:HDBK ) which gained 1.94% to close at 1,651.00.

The worst performers were Tata Steel Ltd (BO:TISC ) which was down 2.74% to 159.80 in late trade, Titan Company Ltd (BO:TITN ) which lost 2.37% to settle at 3,502.25 and Bajaj Finserv Ltd (BO:BJFS ) which was down 2.02% to 1,842.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 2091 to 405 and 90 ended unchanged; on the Bombay Stock Exchange, 2881 rose and 884 declined, while 96 ended unchanged.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 2.82% to 14.65.

Gold Futures for December delivery was down 0.17% or 4.45 to $2,661.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 2.09% or 1.61 to hit $75.53 a barrel, while the December Brent oil contract fell 2.00% or 1.62 to trade at $79.31 a barrel.

USD/INR was down 0.04% to 83.96, while EUR/INR rose 0.09% to 92.26.

The US Dollar Index Futures was down 0.15% at 102.14.

Source: Investing.com