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India stocks higher at close of trade; Nifty 50 up 0.13%

Published 08/10/2021, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.13%
NSEI
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BRTI
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NTPC
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Investing.com – India stocks were higher after the close on Tuesday, as gains in the Technology, IT and Banking sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.13%, while the BSE Sensex 30 index gained 0.28%.

The best performers of the session on the Nifty 50 were Bharti Airtel Ltd. (NS:BRTI), which rose 3.83% or 22.95 points to trade at 622.20 at the close. Meanwhile, Tech Mahindra Ltd (NS:TEML) added 2.77% or 35.60 points to end at 1323.05 and Housing Development Finance Corporation Ltd (NS:HDFC) was up 1.82% or 47.75 points to 2671.65 in late trade.

The worst performers of the session were Shree Cements Ltd. (NS:SHCM), which fell 4.09% or 1155.30 points to trade at 27117.65 at the close. JSW Steel Ltd (NS:JSTL) declined 3.37% or 25.20 points to end at 722.15 and Tata Steel Ltd (NS:TISC) was down 2.73% or 38.60 points to 1373.60.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 3.84% to 622.25, Tech Mahindra Ltd (BO:TEML) which was up 2.81% to settle at 1323.10 and Housing Development Finance Corporation Ltd (BO:HDFC) which gained 1.85% to close at 2670.90.

The worst performers were Tata Steel Ltd (BO:TISC) which was down 2.73% to 1373.50 in late trade, Power Grid Corporation of India Ltd (BO:PGRD) which lost 2.21% to settle at 172.55 and NTPC Ltd (BO:NTPC) which was down 2.14% to 114.25 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1467 to 242 and 25 ended unchanged; on the Bombay Stock Exchange, 2434 fell and 682 advanced, while 99 ended unchanged.

Shares in Bharti Airtel Ltd. (NS:BRTI) rose to all time highs; gaining 3.83% or 22.95 to 622.20. Shares in Tech Mahindra Ltd (NS:TEML) rose to 5-year highs; up 2.77% or 35.60 to 1323.05. Shares in Bharti Airtel Ltd (BO:BRTI) rose to all time highs; rising 3.84% or 23.00 to 622.25. Shares in Tech Mahindra Ltd (BO:TEML) rose to 5-year highs; rising 2.81% or 36.20 to 1323.10.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.79% to 12.7050.

Gold Futures for December delivery was up 0.22% or 3.75 to $1730.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.62% or 1.08 to hit $67.56 a barrel, while the October Brent oil contract rose 1.26% or 0.87 to trade at $69.91 a barrel.

USD/INR was down 0.11% to 74.399, while EUR/INR fell 0.23% to 87.2180.

The US Dollar Index Futures was up 0.13% at 93.062.

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