India stocks higher at close of trade; Nifty 50 up 0.50%
2022.08.23 14:06
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, Auto and Public Sector Undertakings sectors led shares higher.
At the close in NSE, the Nifty 50 added 0.50%, while the BSE Sensex 30 index climbed 0.44%.
The best performers of the session on the Nifty 50 were Mahindra & Mahindra Ltd. (NS:MAHM), which rose 4.10% or 50.30 points to trade at 1,277.00 at the close. Meanwhile, Eicher Motors Ltd. (NS:EICH) added 3.02% or 101.50 points to end at 3,464.75 and Bajaj Finserv Ltd (NS:BJFS) was up 2.72% or 432.20 points to 16,303.90 in late trade.
The worst performers of the session were Infosys Ltd (NS:INFY), which fell 2.11% or 33.25 points to trade at 1,542.40 at the close. Tata Consultancy Services Ltd. (NS:TCS) declined 2.09% or 69.95 points to end at 3,284.60 and Divi’s Laboratories Ltd. (NS:DIVI) was down 1.35% or 48.35 points to 3,532.30.
The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:MAHM) which rose 3.78% to 1,272.70, Bajaj Finserv Ltd (BO:BJFS) which was up 2.75% to settle at 16,309.25 and Titan Company Ltd (BO:TITN) which gained 2.60% to close at 2,480.30.
The worst performers were Tata Consultancy Services Ltd. (BO:TCS) which was down 2.10% to 3,283.75 in late trade, Infosys Ltd (BO:INFY) which lost 2.09% to settle at 1,542.55 and HCL Technologies Ltd (BO:HCLT) which was down 1.25% to 947.65 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 1197 to 600 and 79 ended unchanged; on the Bombay Stock Exchange, 2015 rose and 1241 declined, while 149 ended unchanged.
Shares in Eicher Motors Ltd. (NS:EICH) rose to all time highs; rising 3.02% or 101.50 to 3,464.75.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.07% to 19.05.
Gold Futures for December delivery was up 0.07% or 1.25 to $1,749.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.98% or 1.79 to hit $92.15 a barrel, while the October Brent oil contract rose 1.60% or 1.54 to trade at $98.02 a barrel.
USD/INR was down 0.01% to 79.87, while EUR/INR fell 0.13% to 79.28.
The US Dollar Index Futures was down 0.01% at 108.97.
