Stock Groups

India stocks higher at close of trade; Nifty 50 up 0.75% -Breaking

© Reuters India stocks higher at close of trade; Nifty 50 up 0.75% – India stocks were higher after the close on Tuesday, as gains in the , and sectors led shares higher.

The NSE closed with an increase of 0.75% and the index of 0.644%.

They were the top performers at the session Maruti Suzuki India Ltd. (NS) climbed 6.83%, or 550.30 point to trade at 860.60 by the close. AXIS Bank Ltd. (NS:), which gained 6.6%, 47.60 points, to reach 752.20 at the close, and State Bank Of India(NS:) was up 4.15 points or 20.50 points to 514.65 by late trade.

They were also the session’s worst performers Wipro Ltd (NS) fell by 1.75% (10.05 points), to trade at 562.70 at the closing. Bajaj Finserv Ltd. (NS:), which declined 1.13% (178.20) to finish at 15528.95, and Titan Company Ltd. was down 1.10% (26.55) to 2376.50.

Maruti Suzuki India Ltd. was the top performer on BSE Sensex 30, rising 6.88% to 8.600.60. AXIS Bank Ltd. (BO 🙂 was up 6.76% and settled at 751.95, while State Bank Of India gained 4.20%.

Wipro Ltd. (BO) was the worst performer, falling 1.75% at 562.85 in trade late. Bajaj Finserv Ltd. (BO) lost 1.16% at 15526.35. Titan Company Ltd. (BO) was also down at close with a drop of 0.98% at 2379.40.

On the India National Stock Exchange, rising stocks outnumbered those in decline by 1189 to 625, and 18 ended unchanged. The Bombay Stock Exchange saw 1922 rise and 1324 fall, and 88 ending unchanged.

Maruti Suzuki India Ltd.’s shares rose by 6.83%, or 550.30 to 862.60. Maruti Suzuki India Ltd. shares (BO:), rose to 3 year highs, rising 6.88% (553.30-8600.60).

The was, which is used to measure the implied volatility for Nifty 50 options fell 6.43% from 21.3575.

The February delivery of Gold Futures was lower by 0.24%, or 4.45, to $1837.25 per troy ounce. Other commodities traded included Crude oil, which rose 0.85 or 1.02% to reach $84.16/barrel in March, and April Brent oil, which rose 0.92 or 1.08% to trade at $86.35/barrel.

USD/INR increased 0.32% to 74.802 while EUR/INR dropped 0.10% at 84.4020.

At 96.157, the US Dollar Index Futures rose 0.27%.

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.