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India stocks higher at close of trade; Nifty 50 up 1.53%

Published 03/03/2020, 05:45 AM
Updated 03/03/2020, 05:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 1.53%

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

At the close in NSE, the Nifty 50 rose 1.53%, while the BSE Sensex 30 index climbed 1.26%.

The best performers of the session on the Nifty 50 were Vedanta Ltd (NS:VDAN), which rose 7.75% or 8.60 points to trade at 119.55 at the close. Meanwhile, Zee Entertainment Enterprises Ltd. (NS:ZEE) added 7.38% or 17.25 points to end at 251.10 and Hindalco Industries Ltd. (NS:HALC) was up 6.91% or 10.35 points to 160.10 in late trade.

The worst performers of the session were Bajaj Auto Ltd (NS:BAJA), which fell 3.58% or 99.95 points to trade at 2692.25 at the close. Yes Bank Ltd (NS:YESB) declined 1.11% or 0.35 points to end at 31.20 and ITC Ltd (NS:ITC) was down 0.64% or 1.25 points to 194.05.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:SUN) which rose 6.64% to 393.35, Tata Steel Ltd (BO:TISC) which was up 6.43% to settle at 387.60 and Oil And Natural Gas Corporation Ltd (BO:ONGC) which gained 4.71% to close at 93.30.

The worst performers were Bajaj Auto Ltd (BO:BAJA) which was down 3.64% to 2695.80 in late trade, ITC Ltd (BO:ITC) which lost 0.87% to settle at 193.85 and HDFC Bank Ltd (BO:HDBK) which was down 0.07% to 1181.30 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 852 to 660 and 107 ended unchanged; on the Bombay Stock Exchange, 1174 rose and 1110 declined, while 140 ended unchanged.

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Shares in Yes Bank Ltd (NS:YESB) fell to 5-year lows; losing 1.11% or 0.35 to 31.20. Shares in ITC Ltd (NS:ITC) fell to 3-years lows; falling 0.64% or 1.25 to 194.05. Shares in ITC Ltd (BO:ITC) fell to 3-years lows; down 0.87% or 1.70 to 193.85.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.62% to 24.5425.

Gold Futures for April delivery was up 0.35% or 5.55 to $1600.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 3.38% or 1.58 to hit $48.33 a barrel, while the May Brent oil contract rose 2.79% or 1.45 to trade at $53.35 a barrel.

USD/INR was up 0.38% to 73.151, while EUR/INR rose 0.24% to 81.3265.

The US Dollar Index Futures was up 0.20% at 97.515.

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