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India stocks higher at close of trade; Nifty 50 up 0.22%

Published 02/23/2021, 05:45 AM
India stocks higher at close of trade; Nifty 50 up 0.22%
NSEI
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NIFVIX
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BAJA
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HALC
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INBK
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KTKM
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LART
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MRTI
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APSE
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ONGC
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TAMO
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TISC
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BSESN
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BSEMET
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BSEOIL
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BSEREAL
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Investing.com – India stocks were higher after the close on Tuesday, as gains in the Metals, Real Estate and Oil & Gas sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.22%, while the BSE Sensex 30 index climbed 0.01%.

The best performers of the session on the Nifty 50 were Tata Steel Ltd (NS:TISC), which rose 7.23% or 49.50 points to trade at 734.05 at the close. Meanwhile, Tata Motors Ltd (NS:TAMO) added 6.60% or 20.10 points to end at 324.60 and Hindalco Industries Ltd. (NS:HALC) was up 5.73% or 18.10 points to 334.20 in late trade.

The worst performers of the session were Kotak Mahindra Bank Ltd. (NS:KTKM), which fell 3.88% or 75.60 points to trade at 1874.00 at the close. Adani Port and Special Economic Zone Ltd (NS:APSE) declined 1.75% or 11.80 points to end at 662.00 and Maruti Suzuki India Ltd. (NS:MRTI) was down 1.57% or 111.45 points to 6975.00.

The top performers on the BSE Sensex 30 were Oil And Natural Gas Corporation Ltd (BO:ONGC) which rose 5.64% to 112.30, Larsen & Toubro Ltd (BO:LART) which was up 2.64% to settle at 1490.65 and IndusInd Bank Ltd. (BO:INBK) which gained 2.55% to close at 1047.85.

The worst performers were Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 3.87% to 1873.15 in late trade, Maruti Suzuki India Ltd. (BO:MRTI) which lost 1.58% to settle at 6975.00 and Bajaj Auto Ltd (BO:BAJA) which was down 1.36% to 3911.90 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1005 to 641 and 62 ended unchanged; on the Bombay Stock Exchange, 1631 rose and 1190 declined, while 152 ended unchanged.

Shares in Tata Steel Ltd (NS:TISC) rose to 5-year highs; rising 7.23% or 49.50 to 734.05. Shares in Hindalco Industries Ltd. (NS:HALC) rose to all time highs; gaining 5.73% or 18.10 to 334.20. Shares in Oil And Natural Gas Corporation Ltd (BO:ONGC) rose to 52-week highs; gaining 5.64% or 6.00 to 112.30.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.95% to 25.2275.

Gold Futures for April delivery was down 0.19% or 3.40 to $1805.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.81% or 0.50 to hit $62.20 a barrel, while the May Brent oil contract rose 0.71% or 0.46 to trade at $64.82 a barrel.

USD/INR was up 0.07% to 72.494, while EUR/INR rose 0.03% to 88.0730.

The US Dollar Index Futures was up 0.17% at 90.153.

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