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India stocks higher at close of trade; Nifty 50 up 0.75%

Published 01/25/2022, 05:45 AM
Updated 01/25/2022, 05:45 AM
© Reuters India stocks higher at close of trade; Nifty 50 up 0.75%

Investing.com – India stocks were higher after the close on Tuesday, as gains in the Public Sector Undertakings, Power and Auto sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.75%, while the BSE Sensex 30 index added 0.64%.

The best performers of the session on the Nifty 50 were Maruti Suzuki India Ltd. (NS:MRTI), which rose 6.83% or 550.30 points to trade at 8602.60 at the close. Meanwhile, AXIS Bank Ltd (NS:AXBK) added 6.76% or 47.60 points to end at 752.20 and State Bank Of India (NS:SBI) was up 4.15% or 20.50 points to 514.65 in late trade.

The worst performers of the session were Wipro Ltd (NS:WIPR), which fell 1.75% or 10.05 points to trade at 562.70 at the close. Bajaj Finserv Ltd (NS:BJFS) declined 1.13% or 178.20 points to end at 15528.95 and Titan Company Ltd (NS:TITN) was down 1.10% or 26.55 points to 2376.50.

The top performers on the BSE Sensex 30 were Maruti Suzuki India Ltd. (BO:MRTI) which rose 6.88% to 8600.60, AXIS Bank Ltd. (BO:AXBK) which was up 6.76% to settle at 751.95 and State Bank Of India (BO:SBI) which gained 4.20% to close at 514.85.

The worst performers were Wipro Ltd (BO:WIPR) which was down 1.75% to 562.85 in late trade, Bajaj Finserv Ltd (BO:BJFS) which lost 1.16% to settle at 15526.35 and Titan Company Ltd (BO:TITN) which was down 0.98% to 2379.40 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1189 to 625 and 18 ended unchanged; on the Bombay Stock Exchange, 1922 rose and 1324 declined, while 88 ended unchanged.

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Shares in Maruti Suzuki India Ltd. (NS:MRTI) rose to 3-years highs; gaining 6.83% or 550.30 to 8602.60. Shares in Maruti Suzuki India Ltd. (BO:MRTI) rose to 3-years highs; rising 6.88% or 553.30 to 8600.60.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 6.43% to 21.3575.

Gold Futures for February delivery was down 0.24% or 4.45 to $1837.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.02% or 0.85 to hit $84.16 a barrel, while the April Brent oil contract rose 1.08% or 0.92 to trade at $86.35 a barrel.

USD/INR was up 0.32% to 74.802, while EUR/INR fell 0.10% to 84.4020.

The US Dollar Index Futures was up 0.27% at 96.157.

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