India shares higher at close of trade; Nifty 50 up 1.37%

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India shares higher at close of trade; Nifty 50 up 1.37%

Investing.com – India equities were higher at the close on Tuesday, as gains in the Metals , Capital Goods and Fast Moving Consumer Goods sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 1.37%, while the BSE Sensex 30 index gained 1.46%.

The biggest gainers of the session on the Nifty 50 were Tata Steel Ltd (NS: TISC ), which rose 7.54% or 81.80 points to trade at 1167.35 at the close. Sun Pharmaceutical Industries Ltd. (NS: SUN ) added 6.86% or 57.25 points to end at 891.75 and IndusInd Bank Ltd. (NS: INBK ) was up 6.07% or 52.90 points to 925.00 in late trade.

Biggest losers included Bharat Petroleum Corp. Ltd. (NS: BPCL ), which lost 4.46% or 17.70 points to trade at 379.35 in late trade. Indian Oil Corporation Ltd (NS: IOC ) declined 2.76% or 3.45 points to end at 121.75 and Tata Motors Ltd (NS: TAMO ) shed 2.60% or 13.45 points to 504.30.

The top performers on the BSE Sensex 30 were Tata Steel Ltd (BO: TISC ) which rose 7.57% to 1167.65, Sun Pharmaceutical Industries Ltd. (BO: SUN ) which was up 6.94% to settle at 892.05 and IndusInd Bank Ltd. (BO: INBK ) which gained 5.76% to close at 922.05.

The worst performers were Mahindra & Mahindra Ltd. (BO: MAHM ) which was down 1.67% to 870.20 in late trade, Power Grid Corporation of India Ltd (BO: PGRD ) which lost 1.18% to settle at 212.85 and State Bank Of India (BO: SBI ) which was down 1.13% to 532.25 at the close.

Advancing stocks outnumbered falling ones by 996 to 805 and 30 ended unchanged; on the Bombay Stock Exchange, 1676 rose and 1568 declined, while 100 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 9.00% to 19.9775.

In commodities trading, Gold Futures for February delivery was up 0.60% or 10.70 to $1805.70 a troy ounce. Meanwhile, Crude oil for delivery in March fell 0.42% or 0.37 to hit $87.78 a barrel, while the April Brent oil contract fell 0.46% or 0.41 to trade at $88.85 a barrel.

USD/INR was up 0.42% to 74.849, while EUR/INR rose 0.65% to 84.2650.

The US Dollar Index Futures was down 0.18% at 96.365.

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