India stocks higher at close of trade; Nifty 50 up 0.36%

© Reuters. India stocks higher at close of trade; Nifty 50 up 0.36%

AiVIF.com – India stocks were higher after the close on Tuesday, as gains in the Real Estate, Banking and Fast Moving Consumer Goods sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.36% to hit a new all time high, while the BSE Sensex 30 index gained 0.42%.

The best performers of the session on the Nifty 50 were Asian Paints Ltd. (NS:ASPN), which rose 3.13% or 92.30 points to trade at 3042.20 at the close. Meanwhile, AXIS Bank Ltd (NS:AXBK) added 1.99% or 14.65 points to end at 750.90 and ICICI Bank Ltd (NS:ICBK) was up 1.60% or 10.15 points to 645.30 in late trade.

The worst performers of the session were Divi's Laboratories Ltd. (NS:DIVI), which fell 1.57% or 69.05 points to trade at 4319.00 at the close. Coal India Ltd (NS:COAL) declined 1.38% or 2.20 points to end at 157.15 and Bajaj Finserv Ltd (NS:BJFS) was down 1.06% or 126.15 points to 11800.00.

The top performers on the BSE Sensex 30 were Asian Paints Ltd. (BO:ASPN) which rose 3.18% to 3041.85, AXIS Bank Ltd. (BO:AXBK) which was up 1.97% to settle at 750.75 and ICICI Bank Ltd (BO:ICBK) which gained 1.57% to close at 645.05.

The worst performers were Bajaj Finserv Ltd (BO:BJFS) which was down 1.11% to 11799.05 in late trade, Dr. Reddy’s Laboratories Ltd (BO:REDY) which lost 0.82% to settle at 5414.90 and Titan Company Ltd (BO:TITN) which was down 0.68% to 1723.50 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1011 to 685 and 39 ended unchanged; on the Bombay Stock Exchange, 1852 rose and 1226 declined, while 131 ended unchanged.

Shares in Asian Paints Ltd. (NS:ASPN) rose to all time highs; rising 3.13% or 92.30 to 3042.20. Shares in Asian Paints Ltd. (BO:ASPN) rose to all time highs; gaining 3.18% or 93.75 to 3041.85.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.75% to 14.6050.

Gold Futures for August delivery was up 0.02% or 0.45 to $1866.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.85% or 0.60 to hit $71.48 a barrel, while the August Brent oil contract rose 0.86% or 0.63 to trade at $73.49 a barrel.

USD/INR was up 0.21% to 73.333, while EUR/INR rose 0.26% to 88.9055.

The US Dollar Index Futures was up 0.01% at 90.493.