Category Stockmarkets
India stocks higher at close of trade; Nifty 50 up 0.37%

© Reuters India stocks lower at close of trade; Nifty 50 down 0.22%

biedexmarkets.com – India stocks were lower after the close on Tuesday, as losses in the , and sectors led shares lower.

At the close in NSE, the declined 0.22%, while the index declined 0.26%.

The best performers of the session on the were Tata Motors Ltd (NS:), which rose 3.51% or 34.70 points to trade at 1,021.90 at the close. Meanwhile, Bharti Airtel Ltd. (NS:) added 3.12% or 35.40 points to end at 1,168.90 and Bajaj Auto Ltd (NS:) was up 1.76% or 144.45 points to 8,351.75 in late trade.

The worst performers of the session were Bajaj Finserv Ltd (NS:), which fell 4.25% or 68.80 points to trade at 1,550.50 at the close. Bajaj Finance Ltd (NS:) declined 4.21% or 278.20 points to end at 6,324.25 and Nestle India Ltd (NS:) was down 2.03% or 52.60 points to 2,536.50.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:) which rose 2.95% to 1,167.40, State Bank Of India (BO:) which was up 1.60% to settle at 784.50 and Sun Pharmaceutical Industries Ltd. (BO:) which gained 1.34% to close at 1,573.00.

The worst performers were Bajaj Finserv Ltd (BO:) which was down 4.12% to 1,552.65 in late trade, Bajaj Finance Ltd (BO:) which lost 4.05% to settle at 6,333.00 and Nestle India Ltd (BO:) which was down 2.12% to 2,533.10 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1544 to 620 and 39 ended unchanged; on the Bombay Stock Exchange, 2469 fell and 1233 advanced, while 88 ended unchanged.

Shares in Tata Motors Ltd (NS:) rose to all time highs; up 3.51% or 34.70 to 1,021.90. Shares in State Bank Of India (BO:) rose to all time highs; gaining 1.60% or 12.35 to 784.50.

The , which measures the implied volatility of Nifty 50 options, was down 3.64% to 14.38 a new 1-month low.

Gold Futures for April delivery was up 0.40% or 8.60 to $2,134.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April unchanged 0.00% or 0.00 to hit $78.74 a barrel, while the May Brent oil contract rose 0.08% or 0.07 to trade at $82.87 a barrel.

USD/INR was down 0.02% to 82.90, while EUR/INR fell 0.05% to 89.97.

The US Dollar Index Futures was up 0.05% at 103.82.

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