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India stocks higher at close of trade; Nifty 50 up 0.31%

Published 08/17/2021, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.31%
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Investing.com – India stocks were higher after the close on Tuesday, as gains in the IT, Technology and Healthcare sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.31% to hit a new all time high, while the BSE Sensex 30 index climbed 0.38%.

The best performers of the session on the Nifty 50 were Tata Consumer Products Ltd (NS:TACN), which rose 3.82% or 30.65 points to trade at 832.80 at the close. Meanwhile, Wipro Ltd (NS:WIPR) added 3.40% or 20.85 points to end at 634.90 and Tech Mahindra Ltd (NS:TEML) was up 3.35% or 45.85 points to 1413.70 in late trade.

The worst performers of the session were JSW Steel Ltd (NS:JSTL), which fell 2.28% or 17.40 points to trade at 744.25 at the close. Adani Ports and Special Economic Zone Ltd (NS:APSE) declined 2.02% or 14.25 points to end at 692.65 and Tata Motors Ltd (NS:TAMO) was down 1.98% or 6.00 points to 297.70.

The top performers on the BSE Sensex 30 were Tech Mahindra Ltd (BO:TEML) which rose 3.21% to 1411.50, Tata Consultancy Services Ltd. (BO:TCS) which was up 2.32% to settle at 3552.40 and Nestle India Ltd (BO:NEST) which gained 2.30% to close at 18717.80.

The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 1.78% to 1000.50 in late trade, NTPC Ltd (BO:NTPC) which lost 1.26% to settle at 117.35 and Bharti Airtel Ltd (BO:BRTI) which was down 1.18% to 626.30 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1148 to 547 and 31 ended unchanged; on the Bombay Stock Exchange, 1968 fell and 1059 advanced, while 101 ended unchanged.

Shares in Tata Consumer Products Ltd (NS:TACN) rose to all time highs; gaining 3.82% or 30.65 to 832.80. Shares in Wipro Ltd (NS:WIPR) rose to all time highs; up 3.40% or 20.85 to 634.90. Shares in Tech Mahindra Ltd (NS:TEML) rose to 5-year highs; up 3.35% or 45.85 to 1413.70. Shares in Tech Mahindra Ltd (BO:TEML) rose to 5-year highs; rising 3.21% or 43.90 to 1411.50. Shares in Tata Consultancy Services Ltd. (BO:TCS) rose to all time highs; rising 2.32% or 80.65 to 3552.40.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.33% to 13.4125.

Gold Futures for December delivery was up 0.39% or 7.05 to $1796.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.61% or 0.41 to hit $66.64 a barrel, while the October Brent oil contract fell 0.45% or 0.31 to trade at $69.20 a barrel.

USD/INR was up 0.27% to 74.358, while EUR/INR rose 0.19% to 87.5045.

The US Dollar Index Futures was up 0.12% at 92.733.

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