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India stocks higher at close of trade; Nifty 50 up 1.14%

Published 03/26/2019, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 1.14%
NSEI
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NIFVIX
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BAJA
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IOC
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INFY
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ITC
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NTPC
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RELI
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SBI
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VDAN
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TEML
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UPLL
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BSESN
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BSEPOWER
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BSEPSU
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BSEBANK
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Investing.com – India stocks were higher after the close on Tuesday, as gains in the Banking, Power and Public Sector Undertakings sectors led shares higher.

At the close in NSE, the Nifty 50 rose 1.14%, while the BSE Sensex 30 index added 1.12%.

The best performers of the session on the Nifty 50 were NTPC Ltd (NS:NTPC), which rose 3.99% or 5.40 points to trade at 140.80 at the close. Meanwhile, State Bank Of India (NS:SBI) added 3.67% or 10.80 points to end at 303.50 and Reliance Industries Ltd (NS:RELI) was up 3.36% or 44.55 points to 1367.25 in late trade.

The worst performers of the session were Tech Mahindra Ltd (NS:TEML), which fell 2.53% or 19.95 points to trade at 770.75 at the close. Indian Oil Corporation Ltd (NS:IOC) declined 1.46% or 2.40 points to end at 161.80 and UPL Ltd (NS:UPLL) was down 1.07% or 9.75 points to 903.30.

The top performers on the BSE Sensex 30 were NTPC Ltd (BO:NTPC) which rose 3.28% to 140.10, State Bank Of India (BO:SBI) which was up 3.23% to settle at 303.30 and Vedanta Ltd (BO:VDAN) which gained 3.18% to close at 173.60.

The worst performers were Infosys Ltd (BO:INFY) which was down 1.23% to 726.75 in late trade, Bajaj Auto Ltd (BO:BAJA) which lost 0.85% to settle at 2933.00 and ITC Ltd (BO:ITC) which was down 0.68% to 293.20 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 906 to 707 and 69 ended unchanged; on the Bombay Stock Exchange, 1352 rose and 1243 declined, while 157 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.12% to 16.4850.

Gold Futures for June delivery was down 0.65% or 8.70 to $1320.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 1.21% or 0.71 to hit $59.53 a barrel, while the June Brent oil contract rose 0.78% or 0.52 to trade at $67.33 a barrel.

USD/INR was down 0.03% to 68.891, while EUR/INR rose 0.08% to 77.9730.

The US Dollar Index Futures was down 0.06% at 96.012.

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