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India stocks higher at close of trade; Nifty 50 up 0.73%

Published 09/01/2020, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.73%
NSEI
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Investing.com – India stocks were higher after the close on Tuesday, as gains in the Metals, Power and Healthcare sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.73%, while the BSE Sensex 30 index gained 0.71%.

The best performers of the session on the Nifty 50 were Bharti Airtel Ltd. (NS:BRTI), which rose 7.09% or 36.40 points to trade at 549.50 at the close. Meanwhile, JSW Steel Ltd (NS:JSTL) added 6.54% or 17.65 points to end at 287.45 and Hindalco Industries Ltd. (NS:HALC) was up 5.26% or 9.75 points to 195.00 in late trade.

The worst performers of the session were Bharti Infratel Ltd (NS:BHRI), which fell 4.56% or 9.05 points to trade at 189.50 at the close. Oil And Natural Gas Corporation Ltd (NS:ONGC) declined 2.87% or 2.35 points to end at 79.60 and AXIS Bank Ltd (NS:AXBK) was down 1.96% or 9.75 points to 487.00.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 6.93% to 549.55, Tata Steel Ltd (BO:TISC) which was up 4.65% to settle at 432.40 and Bajaj Finance Ltd (BO:BJFN) which gained 4.17% to close at 3635.00.

The worst performers were Oil And Natural Gas Corporation Ltd (BO:ONGC) which was down 3.29% to 79.35 in late trade, AXIS Bank Ltd. (BO:AXBK) which lost 1.97% to settle at 487.15 and Infosys Ltd (BO:INFY) which was down 1.53% to 914.30 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 905 to 690 and 69 ended unchanged; on the Bombay Stock Exchange, 1365 fell and 1104 advanced, while 143 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.53% to 21.8000.

Gold Futures for December delivery was up 0.96% or 19.00 to $1997.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.15% or 0.49 to hit $43.10 a barrel, while the November Brent oil contract rose 1.24% or 0.56 to trade at $45.84 a barrel.

USD/INR was down 0.39% to 72.965, while EUR/INR rose 0.02% to 87.4525.

The US Dollar Index Futures was down 0.31% at 91.843.

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