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India stocks higher at close of trade; Nifty 50 up 0.94%

Published 10/13/2021, 06:45 AM
Updated 10/13/2021, 06:45 AM
© Reuters India stocks higher at close of trade; Nifty 50 up 0.94%

Investing.com – India stocks were higher after the close on Wednesday, as gains in the Auto, Power and Green Energy sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.94% to hit a new all time high, while the BSE Sensex 30 index climbed 0.75%.

The best performers of the session on the Nifty 50 were Tata Motors Ltd (NS:TAMO), which rose 20.45% or 86.05 points to trade at 506.90 at the close. Meanwhile, Mahindra & Mahindra Ltd. (NS:MAHM) added 5.08% or 45.25 points to end at 935.35 and Tata Consumer Products Ltd (NS:TACN) was up 3.92% or 32.00 points to 848.15 in late trade.

The worst performers of the session were Maruti Suzuki India Ltd. (NS:MRTI), which fell 2.75% or 211.65 points to trade at 7482.15 at the close. Oil And Natural Gas Corporation Ltd (NS:ONGC) declined 2.17% or 3.55 points to end at 160.00 and SBI Life Insurance Company Ltd (NS:SBIL) was down 1.56% or 18.85 points to 1191.75.

The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:MAHM) which rose 5.17% to 935.55, Power Grid Corporation of India Ltd (BO:PGRD) which was up 3.41% to settle at 199.90 and ITC Ltd (BO:ITC) which gained 3.34% to close at 249.35.

The worst performers were Maruti Suzuki India Ltd. (BO:MRTI) which was down 2.71% to 7484.35 in late trade, Hindustan Unilever Ltd. (BO:HLL) which lost 1.05% to settle at 2646.85 and Nestle India Ltd (BO:NEST) which was down 0.64% to 19290.55 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 872 to 856 and 49 ended unchanged; on the Bombay Stock Exchange, 1633 rose and 1522 declined, while 128 ended unchanged.

Shares in Tata Motors Ltd (NS:TAMO) rose to 3-years highs; rising 20.45% or 86.05 to 506.90. Shares in Mahindra & Mahindra Ltd. (NS:MAHM) rose to 3-years highs; rising 5.08% or 45.25 to 935.35. Shares in Mahindra & Mahindra Ltd. (BO:MAHM) rose to 3-years highs; rising 5.17% or 45.95 to 935.55. Shares in Power Grid Corporation of India Ltd (BO:PGRD) rose to 52-week highs; up 3.41% or 6.60 to 199.90. Shares in ITC Ltd (BO:ITC) rose to 52-week highs; up 3.34% or 8.05 to 249.35.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.59% to 16.1000.

Gold Futures for December delivery was up 0.67% or 11.75 to $1771.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.58% or 0.47 to hit $80.17 a barrel, while the December Brent oil contract fell 0.61% or 0.51 to trade at $82.91 a barrel.

USD/INR was down 0.11% to 75.382, while EUR/INR rose 0.22% to 87.1840.

The US Dollar Index Futures was down 0.27% at 94.267.

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