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India stocks higher at close of trade; Nifty 50 up 0.75%

Published 09/13/2022, 06:45 AM
© Reuters India stocks higher at close of trade; Nifty 50 up 0.75%

Investing.com – India stocks were higher after the close on Tuesday, as gains in the Green Energy, Fast Moving Consumer Goods and Metals sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.75% to hit a new 6-months high, while the BSE Sensex 30 index climbed 0.76%.

The best performers of the session on the Nifty 50 were Bajaj Finserv Ltd (NS:BJFS), which rose 4.14% or 70.94 points to trade at 1,784.75 at the close. Meanwhile, Tata Consumer Products Ltd (NS:TACN) added 2.85% or 23.50 points to end at 849.00 and IndusInd Bank Ltd. (NS:INBK) was up 2.37% or 26.95 points to 1,163.80 in late trade.

The worst performers of the session were Shree Cements Ltd. (NS:SHCM), which fell 0.84% or 202.80 points to trade at 23,932.30 at the close. Cipla Ltd. (NS:CIPL) declined 0.55% or 5.85 points to end at 1,058.90 and Eicher Motors Ltd. (NS:EICH) was down 0.48% or 16.95 points to 3,522.00.

The top performers on the BSE Sensex 30 were Bajaj Finserv Ltd (BO:BJFS) which rose 4.00% to 1,784.45, IndusInd Bank Ltd. (BO:INBK) which was up 2.48% to settle at 1,164.20 and Bharti Airtel Ltd (BO:BRTI) which gained 2.04% to close at 784.60.

The worst performers were Tata Consultancy Services Ltd. (BO:TCS) which was down 0.37% to 3,229.40 in late trade, Asian Paints Ltd. (BO:ASPN) which lost 0.29% to settle at 3,422.40 and Tech Mahindra Ltd (BO:TEML) which was down 0.20% to 1,147.35 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 938 to 903 and 42 ended unchanged; on the Bombay Stock Exchange, 1763 rose and 1593 declined, while 97 ended unchanged.

Shares in Bharti Airtel Ltd (BO:BRTI) rose to all time highs; gaining 2.04% or 15.70 to 784.60.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.61% to 17.47.

Gold Futures for December delivery was down 0.15% or 2.55 to $1,738.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.20% or 1.05 to hit $88.83 a barrel, while the November Brent oil contract rose 1.10% or 1.03 to trade at $95.03 a barrel.

USD/INR was down 0.24% to 79.18, while EUR/INR rose 0.30% to 80.53.

The US Dollar Index Futures was down 0.48% at 107.58.

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