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India shares higher at close of trade; Nifty 50 up 0.74%

Published 17/11/2020, 09:45 pm
India shares higher at close of trade; Nifty 50 up 0.74%
NSEI
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NIFVIX
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BPCL
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HCLT
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HDBK
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HROM
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NTPC
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ONGC
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SBI
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TAMO
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TISC
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BSESN
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BSECG
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BSEMET
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BSEBANK
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HDFL
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Investing.com – India equities were higher at the close on Tuesday, as gains in the Metals, Capital Goods and Banking sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.74% to hit a new all time high, while the BSE Sensex 30 index added 0.72%.

The biggest gainers of the session on the Nifty 50 were Tata Motors Ltd (NS:TAMO), which rose 6.15% or 9.15 points to trade at 158.00 at the close. Tata Steel Ltd (NS:TISC) added 5.97% or 29.40 points to end at 521.60 and HDFC Life Insurance Company Ltd (NS:HDFL) was up 5.72% or 36.40 points to 672.50 in late trade.

Biggest losers included Bharat Petroleum Corp. Ltd. (NS:BPCL), which lost 4.25% or 17.55 points to trade at 395.30 in late trade. Hero MotoCorp Ltd (NS:HROM) declined 2.62% or 81.70 points to end at 3034.00 and NTPC Ltd (NS:NTPC) shed 2.53% or 2.30 points to 88.60.

The top performers on the BSE Sensex 30 were Tata Steel Ltd (BO:TISC) which rose 6.24% to 522.80, State Bank Of India (BO:SBI) which was up 4.59% to settle at 240.20 and HDFC Bank Ltd (BO:HDBK) which gained 2.81% to close at 1408.10.

The worst performers were NTPC Ltd (BO:NTPC) which was down 2.69% to 88.65 in late trade, Oil And Natural Gas Corporation Ltd (BO:ONGC) which lost 1.86% to settle at 71.30 and HCL Technologies Ltd (BO:HCLT) which was down 1.67% to 816.90 at the close.

Advancing stocks outnumbered falling ones by 933 to 685 and 96 ended unchanged; on the Bombay Stock Exchange, 1498 rose and 1218 declined, while 177 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 3.52% to 19.8025.

In commodities trading, Gold Futures for December delivery was down 0.10% or 1.95 to $1885.85 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.15% or 0.06 to hit $41.40 a barrel, while the January Brent oil contract rose 0.11% or 0.05 to trade at $43.87 a barrel.

USD/INR was up 0.13% to 74.465, while EUR/INR rose 0.31% to 88.4200.

The US Dollar Index Futures was down 0.27% at 92.382.

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