👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

India stocks higher at close of trade; Nifty 50 up 0.34%

Published 07/04/2023, 06:45 AM
© Reuters India stocks higher at close of trade; Nifty 50 up 0.34%

Investing.com – India stocks were higher after the close on Tuesday, as gains in the IT, Technology and Green Energy sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.34% to hit a new all time high, while the BSE Sensex 30 index added 0.42%.

The best performers of the session on the Nifty 50 were Bajaj Finance Ltd (NS:BJFN), which rose 7.19% or 527.45 points to trade at 7,860.45 at the close. Meanwhile, Bajaj Finserv Ltd (NS:BJFS) added 5.80% or 89.40 points to end at 1,629.50 and Hero MotoCorp Ltd (NS:HROM) was up 4.52% or 131.05 points to 3,029.80 in late trade.

The worst performers of the session were Eicher Motors Ltd. (NS:EICH), which fell 6.31% or 229.05 points to trade at 3,401.80 at the close. Bharti Airtel Ltd. (NS:BRTI) declined 1.59% or 14.00 points to end at 865.15 and Grasim Industries Ltd (NS:GRAS) was down 1.35% or 24.15 points to 1,769.55.

The top performers on the BSE Sensex 30 were Bajaj Finance Ltd (BO:BJFN) which rose 7.17% to 7,861.40, Bajaj Finserv Ltd (BO:BJFS) which was up 5.76% to settle at 1,629.45 and Tech Mahindra Ltd (BO:TEML) which gained 2.39% to close at 1,148.15.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 1.54% to 865.50 in late trade, Axis Bank Ltd. (BO:AXBK) which lost 1.18% to settle at 970.55 and Reliance Industries Ltd (BO:RELI) which was down 1.03% to 2,588.25 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1115 to 830 and 59 ended unchanged; on the Bombay Stock Exchange, 1816 fell and 1566 advanced, while 112 ended unchanged.

Shares in Bajaj Finance Ltd (NS:BJFN) rose to 52-week highs; gaining 7.19% or 527.45 to 7,860.45. Shares in Hero MotoCorp Ltd (NS:HROM) rose to 52-week highs; gaining 4.52% or 131.05 to 3,029.80. Shares in Bajaj Finance Ltd (BO:BJFN) rose to 52-week highs; rising 7.17% or 526.05 to 7,861.40.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.39% to 11.70 a new 1-month high.

Gold Futures for August delivery was up 0.40% or 7.75 to $1,937.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 1.26% or 0.88 to hit $70.67 a barrel, while the September Brent oil contract rose 1.22% or 0.91 to trade at $75.56 a barrel.

USD/INR was up 0.02% to 82.01, while EUR/INR unchanged 0.00% to 89.43.

The US Dollar Index Futures was down 0.02% at 102.63.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.