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India stocks higher at close of trade; Nifty 50 up 0.74%

Published 11/17/2020, 05:45 AM
India stocks higher at close of trade; Nifty 50 up 0.74%
NSEI
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NIFVIX
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BPCL
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HCLT
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HDBK
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HROM
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NTPC
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ONGC
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SBI
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TAMO
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TISC
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BSESN
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BSECG
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BSEMET
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BSEBANK
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HDFL
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Investing.com – India stocks were higher after the close on Tuesday, as gains in the Metals, Capital Goods and Banking sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.74% to hit a new all time high, while the BSE Sensex 30 index gained 0.72%.

The best performers of the session on the Nifty 50 were Tata Motors Ltd (NS:TAMO), which rose 6.15% or 9.15 points to trade at 158.00 at the close. Meanwhile, Tata Steel Ltd (NS:TISC) added 5.97% or 29.40 points to end at 521.60 and HDFC Life Insurance Company Ltd (NS:HDFL) was up 5.72% or 36.40 points to 672.50 in late trade.

The worst performers of the session were Bharat Petroleum Corp. Ltd. (NS:BPCL), which fell 4.25% or 17.55 points to trade at 395.30 at the close. Hero MotoCorp Ltd (NS:HROM) declined 2.62% or 81.70 points to end at 3034.00 and NTPC Ltd (NS:NTPC) was down 2.53% or 2.30 points to 88.60.

The top performers on the BSE Sensex 30 were Tata Steel Ltd (BO:TISC) which rose 6.24% to 522.80, State Bank Of India (BO:SBI) which was up 4.59% to settle at 240.20 and HDFC Bank Ltd (BO:HDBK) which gained 2.81% to close at 1408.10.

The worst performers were NTPC Ltd (BO:NTPC) which was down 2.69% to 88.65 in late trade, Oil And Natural Gas Corporation Ltd (BO:ONGC) which lost 1.86% to settle at 71.30 and HCL Technologies Ltd (BO:HCLT) which was down 1.67% to 816.90 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 933 to 685 and 96 ended unchanged; on the Bombay Stock Exchange, 1498 rose and 1218 declined, while 177 ended unchanged.

Shares in Tata Steel Ltd (NS:TISC) rose to 52-week highs; rising 5.97% or 29.40 to 521.60. Shares in HDFC Life Insurance Company Ltd (NS:HDFL) rose to all time highs; up 5.72% or 36.40 to 672.50. Shares in Tata Steel Ltd (BO:TISC) rose to 52-week highs; gaining 6.24% or 30.70 to 522.80. Shares in HDFC Bank Ltd (BO:HDBK) rose to 3-years highs; rising 2.81% or 38.45 to 1408.10.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 3.52% to 19.8025.

Gold Futures for December delivery was down 0.11% or 2.05 to $1885.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.17% or 0.07 to hit $41.41 a barrel, while the January Brent oil contract rose 0.09% or 0.04 to trade at $43.86 a barrel.

USD/INR was up 0.13% to 74.465, while EUR/INR rose 0.30% to 88.4165.

The US Dollar Index Futures was down 0.27% at 92.382.

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