India shares higher at close of trade; Nifty 50 up 3.03%

  • Stock Market News
India shares higher at close of trade; Nifty 50 up 3.03% – India equities were higher at the close on Tuesday, as gains in the Auto , Banking and Technology sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 3.03%, while the BSE Sensex 30 index gained 3.08%.

The biggest gainers of the session on the Nifty 50 were Tata Motors Ltd (NS: TAMO ), which rose 6.90% or 32.55 points to trade at 504.00 at the close. Eicher Motors Ltd. (NS: EICH ) added 5.45% or 140.20 points to end at 2711.00 and Shree Cements Ltd. (NS: SHCM ) was up 5.30% or 1249.80 points to 24839.00 in late trade.

Biggest losers included Cipla Ltd. (NS: CIPL ), which lost 3.46% or 33.05 points to trade at 921.85 in late trade. Oil And Natural Gas Corporation Ltd (NS: ONGC ) declined 1.23% or 2.05 points to end at 164.15 and Power Grid Corporation of India Ltd (NS: PGRD ) gained 0.92% or 1.85 points to 203.70.

The top performers on the BSE Sensex 30 were Bajaj Finance Ltd (BO: BJFN ) which rose 5.13% to 7137.90, State Bank Of India (BO: SBI ) which was up 4.55% to settle at 524.65 and Bajaj Finserv Ltd (BO: BJFS ) which gained 4.37% to close at 16365.80.

The worst performers were Power Grid Corporation of India Ltd (BO: PGRD ) which was up 0.74% to 203.40 in late trade, Sun Pharmaceutical Industries Ltd. (BO: SUN ) which gained 1.38% to settle at 876.30 and ITC Ltd (BO: ITC ) which was up 1.64% to 223.00 at the close.

Advancing stocks outnumbered falling ones by 1253 to 553 and 27 ended unchanged; on the Bombay Stock Exchange, 1969 rose and 1301 declined, while 90 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 10.29% to 20.6125.

In commodities trading, Gold Futures for April delivery was down 0.72% or 13.50 to $1855.90 a troy ounce. Meanwhile, Crude oil for delivery in March fell 3.07% or 2.93 to hit $92.53 a barrel, while the April Brent oil contract fell 2.77% or 2.67 to trade at $93.81 a barrel.

USD/INR was down 0.42% to 75.302, while EUR/INR fell 0.13% to 85.4200.

The US Dollar Index Futures was down 0.34% at 96.030.

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

Error: File type not supported

Drop an image here or