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

© Reuters India stocks higher at close of trade; Nifty 50 up 0.14%

AiVIF.com – India stocks were higher after the close on Tuesday, as gains in the Auto, Technology and Consumer Durables sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.14% to hit a new all time high, while the BSE Sensex 30 index added 0.12%.

The best performers of the session on the Nifty 50 were IndusInd Bank Ltd. (NS:INBK), which rose 4.04% or 40.30 points to trade at 1036.60 at the close. Meanwhile, HCL Technologies Ltd (NS:HCLT) added 2.50% or 30.25 points to end at 1238.65 and Hero MotoCorp Ltd (NS:HROM) was up 2.22% or 61.90 points to 2851.70 in late trade.

The worst performers of the session were Housing Development Finance Corporation Ltd (NS:HDFC), which fell 1.11% or 31.75 points to trade at 2818.05 at the close. UltraTech Cement Ltd (NS:ULTC) declined 1.11% or 88.00 points to end at 7856.45 and Nestle India Ltd (NS:NEST) was down 1.08% or 221.80 points to 20230.45.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 4.07% to 1036.50, HCL Technologies Ltd (BO:HCLT) which was up 2.54% to settle at 1238.30 and Kotak Mahindra Bank Ltd. (BO:KTKM) which gained 1.67% to close at 1867.50.

The worst performers were Housing Development Finance Corporation Ltd (BO:HDFC) which was down 1.07% to 2817.30 in late trade, Nestle India Ltd (BO:NEST) which lost 0.97% to settle at 20237.00 and UltraTech Cement Ltd (BO:ULTC) which was down 0.87% to 7865.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1041 to 663 and 54 ended unchanged; on the Bombay Stock Exchange, 1826 rose and 1256 declined, while 139 ended unchanged.

Shares in HCL Technologies Ltd (NS:HCLT) rose to all time highs; rising 2.50% or 30.25 to 1238.65. Shares in HCL Technologies Ltd (BO:HCLT) rose to all time highs; gaining 2.54% or 30.70 to 1238.30.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.21% to 13.5750.

Gold Futures for December delivery was down 0.38% or 6.85 to $1787.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.62% or 0.44 to hit $70.89 a barrel, while the November Brent oil contract rose 0.71% or 0.52 to trade at $74.03 a barrel.

USD/INR was up 0.20% to 73.705, while EUR/INR rose 0.18% to 87.0125.

The US Dollar Index Futures was down 0.04% at 92.612.