India stocks higher at close of trade; Nifty 50 up 0.92%

Investing.com

Published Dec 17, 2019 05:45AM ET

India stocks higher at close of trade; Nifty 50 up 0.92%

Investing.com – India stocks were higher after the close on Tuesday, as gains in the Metals, Technology and IT sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.92% to hit a new all time high, while the BSE Sensex 30 index climbed 1.01%.

The best performers of the session on the Nifty 50 were Tata Steel Ltd (NS:TISC), which rose 4.64% or 19.55 points to trade at 439.40 at the close. Meanwhile, Bharti Airtel Ltd. (NS:BRTI) added 4.54% or 19.15 points to end at 439.95 and Vedanta Ltd (NS:VDAN) was up 3.36% or 4.95 points to 152.35 in late trade.

The worst performers of the session were Sun Pharmaceutical Industries Ltd. (NS:SUN), which fell 1.25% or 5.45 points to trade at 429.05 at the close. GAIL Ltd (NS:GAIL) declined 0.87% or 1.05 points to end at 119.80 and Titan Company Ltd (NS:TITN) was down 0.40% or 4.65 points to 1157.35.

The top performers on the BSE Sensex 30 were Tata Steel Ltd (BO:TISC) which rose 4.38% to 439.50, Bharti Airtel Ltd (BO:BRTI) which was up 4.30% to settle at 439.95 and Tata Motors Ltd DVR (BO:TAMdv) which gained 3.78% to close at 75.45.

The worst performers were Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 1.37% to 429.05 in late trade, Mahindra & Mahindra Ltd. (BO:MAHM) which lost 0.63% to settle at 505.85 and Bajaj Auto Ltd (BO:BAJA) which was down 0.56% to 3201.75 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 930 to 620 and 85 ended unchanged; on the Bombay Stock Exchange, 1374 rose and 1013 declined, while 185 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 6.69% to 12.5175 a new 3-months low.

Gold Futures for February delivery was up 0.20% or 2.95 to $1483.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.03% or 0.02 to hit $60.16 a barrel, while the February Brent oil contract rose 0.11% or 0.07 to trade at $65.41 a barrel.

USD/INR was up 0.10% to 70.983, while EUR/INR rose 0.22% to 79.1835.

The US Dollar Index Futures was up 0.12% at 96.700.

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