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India stocks higher at close of trade; Nifty 50 up 0.14%

Published 09/17/2024, 06:30 AM
Updated 09/17/2024, 06:35 AM
© Reuters India stocks higher at close of trade; Nifty 50 up 0.14%
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Investing.com – India stocks were higher after the close on Tuesday, as gains in the Real Estate, Consumer Durables and IT sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.14% to hit a new all time high, while the BSE Sensex 30 index climbed 0.11%.

The best performers of the session on the Nifty 50 were Hero MotoCorp Ltd (NS:HROM), which rose 3.14% or 181.75 points to trade at 5,961.20 at the close. Meanwhile, Bajaj Auto Ltd (NS:BAJA) added 2.24% or 261.95 points to end at 11,950.30 and Bharti Airtel Ltd. (NS:BRTI) was up 1.61% or 26.30 points to 1,661.75 in late trade.

The worst performers of the session were Tata Motors Ltd (NS:TAMO), which fell 1.36% or 13.45 points to trade at 974.95 at the close. Eicher Motors Ltd. (NS:EICH) declined 1.00% or 49.00 points to end at 4,850.20 and Adani Ports and Special Economic Zone Ltd (NS:APSE) was down 0.98% or 14.10 points to 1,426.60.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 1.63% to 1,662.00, NTPC Ltd (BO:NTPC) which was up 1.08% to settle at 415.50 and Mahindra & Mahindra Ltd. (BO:MAHM) which gained 0.93% to close at 2,782.50.

The worst performers were Tata Motors Ltd (BO:TAMO) which was down 1.29% to 975.40 in late trade, JSW Steel Ltd (BO:JSTL) which lost 0.92% to settle at 962.05 and Tata Steel Ltd (BO:TISC) which was down 0.91% to 152.80 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1569 to 913 and 92 ended unchanged; on the Bombay Stock Exchange, 2147 fell and 1634 advanced, while 104 ended unchanged.

Shares in Hero MotoCorp Ltd (NS:HROM) rose to all time highs; rising 3.14% or 181.75 to 5,961.20. Shares in Bajaj Auto Ltd (NS:BAJA) rose to all time highs; rising 2.24% or 261.95 to 11,950.30. Shares in Bharti Airtel Ltd. (NS:BRTI) rose to all time highs; gaining 1.61% or 26.30 to 1,661.75. Shares in Bharti Airtel Ltd (BO:BRTI) rose to all time highs; rising 1.63% or 26.60 to 1,662.00.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.91% to 12.70.

Gold Futures for December delivery was down 0.37% or 9.65 to $2,599.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.30% or 0.21 to hit $68.81 a barrel, while the November Brent oil contract fell 0.38% or 0.28 to trade at $72.47 a barrel.

USD/INR was down 0.10% to 83.76, while EUR/INR fell 0.06% to 93.29.

The US Dollar Index Futures was down 0.13% at 100.31.

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