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India shares higher at close of trade; Nifty 50 up 0.14%

Published 17/09/2024, 11:30
© Reuters India shares higher at close of trade; Nifty 50 up 0.14%
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Investing.com – India equities were higher at the close on Tuesday, as gains in the Real Estate, Consumer Durables and IT sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 0.14% to hit a new all time high, while the BSE Sensex 30 index added 0.11%.

The biggest gainers of the session on the Nifty 50 were Hero MotoCorp Ltd (NS:HROM), which rose 3.14% or 181.75 points to trade at 5,961.20 at the close. Bajaj Auto Ltd (NS:BAJA) added 2.24% or 261.95 points to end at 11,950.30 and Bharti Airtel Ltd. (NS:BRTI) was up 1.61% or 26.30 points to 1,661.75 in late trade.

Biggest losers included Tata Motors Ltd (NS:TAMO), which lost 1.36% or 13.45 points to trade at 974.95 in late trade. Eicher Motors Ltd. (NS:EICH) declined 1.00% or 49.00 points to end at 4,850.20 and Adani Ports and Special Economic Zone Ltd (NS:APSE) shed 0.98% or 14.10 points to 1,426.60.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 1.63% to 1,662.00, NTPC Ltd (BO:NTPC) which was up 1.08% to settle at 415.50 and Mahindra & Mahindra Ltd. (BO:MAHM) which gained 0.93% to close at 2,782.50.

The worst performers were Tata Motors Ltd (BO:TAMO) which was down 1.29% to 975.40 in late trade, JSW Steel Ltd (BO:JSTL) which lost 0.92% to settle at 962.05 and Tata Steel Ltd (BO:TISC) which was down 0.91% to 152.80 at the close.

Declining stocks outnumbered rising ones by 1569 to 913 and 92 ended unchanged; on the Bombay Stock Exchange, 2147 fell and 1634 advanced, while 104 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.91% to 12.70.

In commodities trading, Gold Futures for December delivery was down 0.37% or 9.65 to $2,599.25 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.30% or 0.21 to hit $68.81 a barrel, while the November Brent oil contract fell 0.38% or 0.28 to trade at $72.47 a barrel.

USD/INR was down 0.10% to 83.76, while EUR/INR fell 0.06% to 93.29.

The US Dollar Index Futures was down 0.13% at 100.31.

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