India shares higher at close of trade; Nifty 50 up 0.38%

  • Investing.com
  • Stock Market News
India shares higher at close of trade; Nifty 50 up 0.38%

Investing.com – India equities were higher at the close on Tuesday, as gains in the Real Estate , Banking and Auto sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.38% to hit a new 1-month high, while the BSE Sensex 30 index gained 0.45%.

The biggest gainers of the session on the Nifty 50 were AXIS Bank Ltd (NS: AXBK ), which rose 2.35% or 16.10 points to trade at 700.60 at the close. IndusInd Bank Ltd. (NS: INBK ) added 2.00% or 17.05 points to end at 868.10 and Mahindra & Mahindra Ltd. (NS: MAHM ) was up 1.96% or 22.85 points to 1,186.25 in late trade.

Biggest losers included Oil And Natural Gas Corporation Ltd (NS: ONGC ), which lost 1.54% or 2.00 points to trade at 127.90 in late trade. Nestle India Ltd (NS: NEST ) declined 1.33% or 247.70 points to end at 18,377.70 and HDFC Life Insurance Company Ltd (NS: HDFL ) shed 1.26% or 6.85 points to 535.90.

The top performers on the BSE Sensex 30 were AXIS Bank Ltd. (BO: AXBK ) which rose 2.35% to 700.55, IndusInd Bank Ltd. (BO: INBK ) which was up 2.09% to settle at 868.50 and Mahindra & Mahindra Ltd. (BO: MAHM ) which gained 1.89% to close at 1,185.05.

The worst performers were Nestle India Ltd (BO: NEST ) which was down 1.37% to 18,363.90 in late trade, HCL Technologies Ltd (BO: HCLT ) which lost 1.14% to settle at 890.05 and Sun Pharmaceutical Industries Ltd. (BO: SUN ) which was down 0.83% to 875.45 at the close.

Advancing stocks outnumbered falling ones by 1116 to 699 and 55 ended unchanged; on the Bombay Stock Exchange, 1937 rose and 1248 declined, while 142 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was up 0.25% to 17.20.

In commodities trading, Gold Futures for August delivery was up 0.20% or 3.45 to $1,713.65 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.87% or 0.86 to hit $98.56 a barrel, while the September Brent oil contract fell 0.88% or 0.93 to trade at $105.34 a barrel.

USD/INR was down 0.10% to 79.94, while EUR/INR rose 1.02% to 81.96.

The US Dollar Index Futures was down 0.78% at 106.39.

Add Chart to Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100
Please try another search