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India stocks higher at close of trade; Nifty 50 up 1.55%

Published 08/03/2021, 06:45 AM
India stocks higher at close of trade; Nifty 50 up 1.55%
NSEI
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NIFVIX
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BAJA
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HDFC
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INBK
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JSTL
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NTPC
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SHCM
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TISC
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TITN
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NEST
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BSESN
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BSEAUTO
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BSESCGIP
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BSEGRNX
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Investing.com – India stocks were higher after the close on Tuesday, as gains in the Fast Moving Consumer Goods, Auto and Green Energy sectors led shares higher.

At the close in NSE, the Nifty 50 added 1.55% to hit a new all time high, while the BSE Sensex 30 index climbed 1.65%.

The best performers of the session on the Nifty 50 were Titan Company Ltd (NS:TITN), which rose 3.88% or 68.65 points to trade at 1840.20 at the close. Meanwhile, Housing Development Finance Corporation Ltd (NS:HDFC) added 3.76% or 92.60 points to end at 2554.65 and IndusInd Bank Ltd. (NS:INBK) was up 3.45% or 34.05 points to 1022.05 in late trade.

The worst performers of the session were JSW Steel Ltd (NS:JSTL), which fell 0.86% or 6.40 points to trade at 740.30 at the close. Bajaj Auto Ltd (NS:BAJA) declined 0.35% or 13.35 points to end at 3828.20 and Shree Cements Ltd. (NS:SHCM) was down 0.31% or 90.75 points to 29203.50.

The top performers on the BSE Sensex 30 were Titan Company Ltd (BO:TITN) which rose 3.89% to 1839.15, Housing Development Finance Corporation Ltd (BO:HDFC) which was up 3.72% to settle at 2553.95 and Nestle India Ltd (BO:NEST) which gained 3.44% to close at 18318.00.

The worst performers were Bajaj Auto Ltd (BO:BAJA) which was down 0.33% to 3828.00 in late trade, Tata Steel Ltd (BO:TISC) which lost 0.20% to settle at 1407.10 and NTPC Ltd (BO:NTPC) which was down 0.17% to 117.60 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 868 to 831 and 37 ended unchanged; on the Bombay Stock Exchange, 1637 rose and 1469 declined, while 111 ended unchanged.

Shares in Titan Company Ltd (NS:TITN) rose to all time highs; up 3.88% or 68.65 to 1840.20. Shares in Titan Company Ltd (BO:TITN) rose to all time highs; rising 3.89% or 68.90 to 1839.15.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 7.36% to 13.7475 a new 1-month high.

Gold Futures for December delivery was down 0.50% or 9.15 to $1813.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.49% or 0.35 to hit $71.61 a barrel, while the October Brent oil contract rose 0.51% or 0.37 to trade at $73.26 a barrel.

USD/INR was down 0.13% to 74.254, while EUR/INR rose 0.06% to 88.2880.

The US Dollar Index Futures was down 0.15% at 91.930.

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