Investing.com – India stocks were higher after the close on Tuesday, as gains in the Banking, Carbon and Technology sectors led shares higher.
At the close in NSE, the Nifty 50 gained 0.78% to hit a new all time high, while the BSE Sensex 30 index climbed 0.92%.
The best performers of the session on the Nifty 50 were Shriram Finance Ltd. (NS:SHMF), which rose 3.73% or 107.60 points to trade at 2,989.85 at the close. Meanwhile, Axis Bank Ltd (NS:AXBK) added 3.53% or 43.35 points to end at 1,271.45 and ICICI Bank Ltd (NS:ICBK) was up 2.38% or 27.85 points to 1,197.95 in late trade.
The worst performers of the session were Bharat Petroleum Corp. Ltd. (NS:BPCL), which fell 2.93% or 8.95 points to trade at 296.30 at the close. Eicher Motors Ltd. (NS:EICH) declined 1.97% or 95.85 points to end at 4,775.05 and Power Grid Corporation of India Ltd (NS:PGRD) was down 1.67% or 5.55 points to 327.40.
The top performers on the BSE Sensex 30 were Axis Bank Ltd. (BO:AXBK) which rose 3.66% to 1,273.00, ICICI Bank Ltd (BO:ICBK) which was up 2.91% to settle at 1,204.00 and HDFC Bank Ltd (BO:HDBK) which gained 2.16% to close at 1,708.25.
The worst performers were Power Grid Corporation of India Ltd (BO:PGRD) which was down 1.88% to 326.80 in late trade, Asian Paints Ltd. (BO:ASPN) which lost 1.16% to settle at 2,862.35 and Tata Steel Ltd (BO:TISC) which was down 1.10% to 175.95 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1279 to 974 and 27 ended unchanged; on the Bombay Stock Exchange, 2017 fell and 1716 advanced, while 113 ended unchanged.
Shares in Shriram Finance Ltd. (NS:SHMF) rose to all time highs; gaining 3.73% or 107.60 to 2,989.85. Shares in Axis Bank Ltd (NS:AXBK) rose to all time highs; gaining 3.53% or 43.35 to 1,271.45. Shares in ICICI Bank Ltd (NS:ICBK) rose to all time highs; rising 2.38% or 27.85 to 1,197.95. Shares in Axis Bank Ltd. (BO:AXBK) rose to all time highs; up 3.66% or 44.90 to 1,273.00. Shares in ICICI Bank Ltd (BO:ICBK) rose to all time highs; up 2.91% or 34.00 to 1,204.00.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.81% to 14.31.
Gold Futures for August delivery was up 0.12% or 2.80 to $2,347.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.56% or 0.46 to hit $81.17 a barrel, while the September Brent oil contract fell 0.54% or 0.46 to trade at $84.69 a barrel.
USD/INR was down 0.03% to 83.43, while EUR/INR fell 0.13% to 89.47.
The US Dollar Index Futures was up 0.06% at 105.18.