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

By Ritu,

Capital Sands

India stocks were higher after the close on Tuesday, as gains in the MetalsPower 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 , which rose 7.75% or 8.60 points to trade at 119.55 at the close. Meanwhile, Zee Entertainment Enterprises Ltd.  added 7.38% or 17.25 points to end at 251.10 and Hindalco Industries Ltd.  was up 6.91% or 10.35 points to 160.10 in late trade.

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

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

The worst performers were Bajaj Auto Ltd  which was down 3.64% to 2695.80 in late trade, ITC Ltd  which lost 0.87% to settle at 193.85 and HDFC Bank Ltd 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.

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

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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