India shares higher at close of trade; Nifty 50 up 1.56%


© Reuters. India shares higher at close of trade; Nifty 50 up 1.56%

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

At the close in NSE, the rose 1.56% to hit a new 1-month high, while the index climbed 1.57%.

The biggest gainers of the session on the were Bajaj Finserv Ltd (NS:), which rose 9.51% or 452.80 points to trade at 5216.00 at the close. Zee Entertainment Enterprises Ltd. (NS:) added 9.06% or 16.85 points to end at 202.75 and Bajaj Finance Ltd (NS:) was up 8.15% or 176.15 points to 2337.00 in late trade.

Biggest losers included Coal India Ltd (NS:), which lost 3.30% or 4.90 points to trade at 143.65 in late trade. Maruti Suzuki India Ltd. (NS:) declined 1.87% or 108.60 points to end at 5685.00 and Bharat Petroleum Corp. Ltd. (NS:) shed 1.39% or 4.80 points to 341.50.

The top performers on the BSE Sensex 30 were Bajaj Finance Ltd (BO:) which rose 8.64% to 2346.70, Kotak Mahindra Bank Ltd. (BO:) which was up 7.56% to settle at 1343.65 and IndusInd Bank Ltd. (BO:) which gained 6.74% to close at 437.70.

The worst performers were Maruti Suzuki India Ltd. (BO:) which was down 1.74% to 5688.00 in late trade, ITC Ltd (BO:) which lost 1.69% to settle at 197.20 and NTPC Ltd (BO:) which was down 1.07% to 96.90 at the close.

Advancing stocks outnumbered falling ones by 1199 to 351 and 53 ended unchanged; on the Bombay Stock Exchange, 1660 rose and 676 declined, while 145 ended unchanged on the India National Stock Exchange.

The , which measures the implied volatility of Nifty 50 options, was down 2.04% to 30.1150 a new 1-month low.

In commodities trading, Gold Futures for August delivery was down 0.04% or 0.75 to $1749.55 a troy ounce. Meanwhile, Crude oil for delivery in July rose 2.74% or 0.97 to hit $36.41 a barrel, while the August Brent oil contract rose 2.87% or 1.10 to trade at $39.42 a barrel.

USD/INR was down 0.50% to 75.125, while EUR/INR fell 0.18% to 83.9105.

The US Dollar Index Futures was down 0.29% at 97.535.

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