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India stocks higher at close of trade; Nifty 50 up 0.72%

Published 12/03/2024, 05:30 AM
Updated 12/03/2024, 05:35 AM
© Reuters India stocks higher at close of trade; Nifty 50 up 0.72%
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Investing.com – India stocks were higher after the close on Tuesday, as gains in the Public Sector Undertakings, Banking and Power sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.72%, while the BSE Sensex 30 index added 0.73%.

The best performers of the session on the Nifty 50 were Adani Ports and Special Economic Zone Ltd (NS:APSE), which rose 5.99% or 72.85 points to trade at 1,288.65 at the close. Meanwhile, NTPC Ltd (NS:NTPC) added 2.58% or 9.25 points to end at 367.45 and Adani Enterprises Ltd (NS:ADEL) was up 2.33% or 57.15 points to 2,514.20 in late trade.

The worst performers of the session were Wipro Ltd (NS:WIPR), which fell 50.11% or 292.90 points to trade at 291.65 at the close. Bharti Airtel Ltd. (NS:BRTI) declined 1.40% or 23.05 points to end at 1,620.55 and Hero MotoCorp Ltd (NS:HROM) was down 1.08% or 51.45 points to 4,697.00.

The top performers on the BSE Sensex 30 were NTPC Ltd (BO:NTPC) which rose 2.60% to 367.50, Axis Bank Ltd. (BO:AXBK) which was up 2.18% to settle at 1,161.50 and State Bank Of India (BO:SBI) which gained 1.99% to close at 852.85.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 1.37% to 1,620.55 in late trade, ITC Ltd (BO:ITC) which lost 1.00% to settle at 472.40 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 0.39% to 1,801.20 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1781 to 704 and 152 ended unchanged; on the Bombay Stock Exchange, 2584 rose and 1212 declined, while 103 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.99% to 14.41.

Gold Futures for February delivery was up 0.30% or 7.94 to $2,666.44 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.03% or 0.70 to hit $68.80 a barrel, while the February Brent oil contract rose 0.97% or 0.70 to trade at $72.53 a barrel.

USD/INR was down 0.05% to 84.68, while EUR/INR rose 0.18% to 89.14.

The US Dollar Index Futures was down 0.19% at 106.22.

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