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India stocks higher at close of trade; Nifty 50 up 0.50%

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At the close in NSE, the Nifty 50 added 0.50%, while the BSE Sensex 30 index gained 0.34%.

India stocks higher at close of trade; Nifty 50 up 0.50%

Investing.com – India stocks were higher after the close on Tuesday, as gains in the Metals, Power and Real Estate sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.50%, while the BSE Sensex 30 index gained 0.34%.

The best performers of the session on the Nifty 50 were JSW Steel Ltd (NS:JSTL), which rose 4.00% or 26.30 points to trade at 683.30 at the close. Meanwhile, Power Grid Corporation of India Ltd (NS:PGRD) added 3.94% or 7.65 points to end at 201.85 and Coal India Ltd (NS:COAL) was up 3.75% or 5.65 points to 156.20 in late trade.

The worst performers of the session were IndusInd Bank Ltd. (NS:INBK), which fell 2.54% or 25.55 points to trade at 981.35 at the close. Asian Paints Ltd. (NS:ASPN) declined 2.32% or 75.70 points to end at 3185.55 and Infosys Ltd (NS:INFY) was down 1.28% or 22.50 points to 1736.90.

The top performers on the BSE Sensex 30 were Power Grid Corporation of India Ltd (BO:PGRD) which rose 3.91% to 201.85, NTPC Ltd (BO:NTPC) which was up 2.53% to settle at 133.50 and Tata Steel Ltd (BO:TISC) which gained 2.38% to close at 1192.55.

The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 2.59% to 980.60 in late trade, Asian Paints Ltd. (BO:ASPN) which lost 2.35% to settle at 3186.90 and Infosys Ltd (BO:INFY) which was down 1.49% to 1732.25 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1411 to 342 and 42 ended unchanged; on the Bombay Stock Exchange, 2364 rose and 788 declined, while 157 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.83% to 18.0150.

Gold Futures for December delivery was down 0.47% or 8.40 to $1797.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.21% or 0.93 to hit $75.82 a barrel, while the January Brent oil contract fell 0.83% or 0.66 to trade at $79.04 a barrel.

USD/INR was down 0.02% to 74.415, while EUR/INR rose 0.24% to 83.8115.

The US Dollar Index Futures was down 0.14% at 96.407.

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