Stock Market News

India stocks higher at close of trade; Nifty 50 up 0.70%

2023.03.21 06:56


© Reuters India stocks higher at close of trade; Nifty 50 up 0.70%

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

At the close in NSE, the rose 0.70%, while the index gained 0.77%.

The best performers of the session on the were HDFC Life Insurance Company Ltd (NS:), which rose 3.82% or 17.75 points to trade at 483.00 at the close. Meanwhile, Reliance Industries Ltd (NS:) added 3.11% or 68.45 points to end at 2,269.70 and Bajaj Finance Ltd (NS:) was up 2.87% or 159.30 points to 5,710.10 in late trade.

The worst performers of the session were Hindustan Unilever Ltd. (NS:), which fell 1.94% or 48.60 points to trade at 2,462.60 at the close. Power Grid Corporation of India Ltd (NS:) declined 1.91% or 4.35 points to end at 223.15 and Britannia Industries Ltd (NS:) was down 1.50% or 64.85 points to 4,267.00.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:) which rose 3.11% to 2,270.05, Bajaj Finance Ltd (BO:) which was up 2.94% to settle at 5,714.00 and Titan Company Ltd (BO:) which gained 2.15% to close at 2,514.00.

The worst performers were Power Grid Corporation of India Ltd (BO:) which was down 2.00% to 222.95 in late trade, Hindustan Unilever Ltd. (BO:) which lost 1.88% to settle at 2,463.20 and Tech Mahindra Ltd (BO:) which was down 1.19% to 1,095.80 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1131 to 779 and 68 ended unchanged; on the Bombay Stock Exchange, 1915 rose and 1480 declined, while 126 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 5.78% to 15.08.

Gold Futures for April delivery was down 0.63% or 12.40 to $1,970.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 1.18% or 0.80 to hit $68.62 a barrel, while the May Brent oil contract rose 1.07% or 0.79 to trade at $74.58 a barrel.

USD/INR was up 0.12% to 82.63, while EUR/INR rose 0.51% to 88.90.

The US Dollar Index Futures was down 0.06% at 102.87.

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