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India shares higher at close of trade; Nifty 50 up 0.51%

Published 20/08/2024, 11:30
© Reuters India shares higher at close of trade; Nifty 50 up 0.51%
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Investing.com – India equities were higher at the close on Tuesday, as gains in the Banking, Power and Auto sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 0.51%, while the BSE Sensex 30 index climbed 0.47%.

The biggest gainers of the session on the Nifty 50 were SBI Life Insurance Company Ltd (NS:SBIL), which rose 5.48% or 91.65 points to trade at 1,763.20 at the close. HDFC Life Insurance Company Ltd (NS:HDFL) added 3.54% or 24.30 points to end at 710.00 and Bajaj Finserv Ltd (NS:BJFS) was up 3.35% or 52.00 points to 1,603.10 in late trade.

Biggest losers included Oil And Natural Gas Corporation Ltd (NS:ONGC), which lost 1.42% or 4.75 points to trade at 330.55 in late trade. Bharti Airtel Ltd. (NS:BRTI) declined 1.42% or 20.80 points to end at 1,448.85 and Adani Enterprises Ltd (NS:ADEL) shed 1.14% or 35.50 points to 3,067.05.

The top performers on the BSE Sensex 30 were Bajaj Finserv Ltd (BO:BJFS) which rose 3.26% to 1,602.40, IndusInd Bank Ltd. (BO:INBK) which was up 2.29% to settle at 1,378.50 and Tech Mahindra Ltd (BO:TEML) which gained 2.11% to close at 1,628.30.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 1.30% to 1,450.40 in late trade, ITC Ltd (BO:ITC) which lost 0.48% to settle at 498.75 and JSW Steel Ltd (BO:JSTL) which was down 0.21% to 915.55 at the close.

Advancing stocks outnumbered falling ones by 1547 to 914 and 26 ended unchanged; on the Bombay Stock Exchange, 2258 rose and 1520 declined, while 96 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.75% to 13.78.

In commodities trading, Gold Futures for December delivery was up 0.80% or 20.30 to $2,561.60 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.03% or 0.02 to hit $73.64 a barrel, while the October Brent oil contract fell 0.03% or 0.02 to trade at $77.64 a barrel.

USD/INR was down 0.06% to 83.78, while EUR/INR fell 0.11% to 92.83.

The US Dollar Index Futures was down 0.06% at 101.67.

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