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India stocks higher at close of trade; Nifty 50 up 1.35%

Published 08/30/2021, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 1.35%
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Investing.com – India stocks were higher after the close on Monday, as gains in the Metals, Power and Green Energy sectors led shares higher.

At the close in NSE, the Nifty 50 rose 1.35% to hit a new all time high, while the BSE Sensex 30 index climbed 1.36%.

The best performers of the session on the Nifty 50 were Bharti Airtel Ltd. (NS:BRTI), which rose 4.25% or 25.30 points to trade at 620.45 at the close. Meanwhile, AXIS Bank Ltd (NS:AXBK) added 4.21% or 31.65 points to end at 784.05 and Tata Steel Ltd (NS:TISC) was up 4.08% or 56.45 points to 1440.60 in late trade.

The worst performers of the session were Tech Mahindra Ltd (NS:TEML), which fell 1.81% or 26.20 points to trade at 1419.20 at the close. Nestle India Ltd (NS:NEST) declined 1.11% or 221.35 points to end at 19736.00 and Eicher Motors Ltd. (NS:EICH) was down 0.86% or 22.15 points to 2553.95.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 4.44% to 620.35, AXIS Bank Ltd. (BO:AXBK) which was up 4.15% to settle at 783.75 and Tata Steel Ltd (BO:TISC) which gained 4.00% to close at 1439.50.

The worst performers were Tech Mahindra Ltd (BO:TEML) which was down 1.88% to 1419.35 in late trade, Nestle India Ltd (BO:NEST) which lost 0.95% to settle at 19763.60 and Infosys Ltd (BO:INFY) which was down 0.62% to 1697.85 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1225 to 483 and 68 ended unchanged; on the Bombay Stock Exchange, 2107 rose and 1054 declined, while 155 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.65% to 13.3175.

Gold Futures for December delivery was down 0.04% or 0.70 to $1818.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.51% or 0.35 to hit $68.39 a barrel, while the November Brent oil contract fell 0.03% or 0.02 to trade at $71.68 a barrel.

USD/INR was down 0.27% to 73.272, while EUR/INR fell 0.21% to 86.4325.

The US Dollar Index Futures was up 0.01% at 92.707.

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