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India shares higher at close of trade; Nifty 50 up 0.78%

Published 24/08/2021, 11:45
Updated 24/08/2021, 11:45
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.78%

Investing.com – India equities were higher at the close on Tuesday, as gains in the Metals, Oil & Gas and Public Sector Undertakings sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.78% to hit a new all time high, while the BSE Sensex 30 index added 0.73%.

The biggest gainers of the session on the Nifty 50 were Bajaj Finserv Ltd (NS:BJFS), which rose 7.79% or 1189.80 points to trade at 16461.70 at the close. Adani Ports and Special Economic Zone Ltd (NS:APSE) added 4.06% or 27.10 points to end at 695.40 and Hindalco Industries Ltd. (NS:HALC) was up 3.44% or 14.00 points to 420.85 in late trade.

Biggest losers included Britannia Industries Ltd (NS:BRIT), which lost 1.40% or 54.05 points to trade at 3812.20 in late trade. Nestle India Ltd (NS:NEST) declined 1.40% or 281.05 points to end at 19740.00 and Infosys Ltd (NS:INFY) shed 1.03% or 17.90 points to 1720.85.

The top performers on the BSE Sensex 30 were Bajaj Finserv Ltd (BO:BJFS) which rose 7.91% to 16475.25, Tech Mahindra Ltd (BO:TEML) which was up 3.41% to settle at 1463.90 and Tata Steel Ltd (BO:TISC) which gained 3.39% to close at 1404.60.

The worst performers were Nestle India Ltd (BO:NEST) which was down 1.34% to 19747.55 in late trade, Housing Development Finance Corporation Ltd (BO:HDFC) which lost 1.08% to settle at 2692.10 and Infosys Ltd (BO:INFY) which was down 1.06% to 1720.75 at the close.

Advancing stocks outnumbered falling ones by 1310 to 379 and 36 ended unchanged; on the Bombay Stock Exchange, 2059 rose and 968 declined, while 112 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.64% to 13.1875.

In commodities trading, Gold Futures for December delivery was up 0.04% or 0.75 to $1807.05 a troy ounce. Meanwhile, Crude oil for delivery in October rose 1.57% or 1.03 to hit $66.67 a barrel, while the November Brent oil contract rose 1.59% or 1.09 to trade at $69.46 a barrel.

USD/INR was up 0.13% to 74.215, while EUR/INR rose 0.08% to 87.1100.

The US Dollar Index Futures was up 0.04% at 93.007.

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