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India stocks higher at close of trade; Nifty 50 up 0.34%

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India stocks were higher after the close on Tuesday, as gains in the IT, Technology and Green Energy sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.34% to hit a new all time high, while the BSE Sensex 30 index added 0.42%.

The best performers of the session on the Nifty 50 were Bajaj Finance Ltd (NS:BJFN), which rose 7.19% or 527.45 points to trade at 7,860.45 at the close. Meanwhile, Bajaj Finserv Ltd (NS:BJFS) added 5.80% or 89.40 points to end at 1,629.50 and Hero MotoCorp Ltd (NS:HROM) was up 4.52% or 131.05 points to 3,029.80 in late trade.

The worst performers of the session were Eicher Motors Ltd. (NS:EICH), which fell 6.31% or 229.05 points to trade at 3,401.80 at the close. Bharti Airtel Ltd. (NS:BRTI) declined 1.59% or 14.00 points to end at 865.15 and Grasim Industries Ltd (NS:GRAS) was down 1.35% or 24.15 points to 1,769.55.

The top performers on the BSE Sensex 30 were Bajaj Finance Ltd (BO:BJFN) which rose 7.17% to 7,861.40, Bajaj Finserv Ltd (BO:BJFS) which was up 5.76% to settle at 1,629.45 and Tech Mahindra Ltd (BO:TEML) which gained 2.39% to close at 1,148.15.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 1.54% to 865.50 in late trade, Axis Bank Ltd. (BO:AXBK) which lost 1.18% to settle at 970.55 and Reliance Industries Ltd (BO:RELI) which was down 1.03% to 2,588.25 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1115 to 830 and 59 ended unchanged; on the Bombay Stock Exchange, 1816 fell and 1566 advanced, while 112 ended unchanged.

Shares in Bajaj Finance Ltd (NS:BJFN) rose to 52-week highs; gaining 7.19% or 527.45 to 7,860.45. Shares in Hero MotoCorp Ltd (NS:HROM) rose to 52-week highs; gaining 4.52% or 131.05 to 3,029.80. Shares in Bajaj Finance Ltd (BO:BJFN) rose to 52-week highs; rising 7.17% or 526.05 to 7,861.40.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.39% to 11.70 a new 1-month high.

Gold Futures for August delivery was up 0.40% or 7.75 to $1,937.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 1.26% or 0.88 to hit $70.67 a barrel, while the September Brent oil contract rose 1.22% or 0.91 to trade at $75.56 a barrel.

USD/INR was up 0.02% to 82.01, while EUR/INR unchanged 0.00% to 89.43.

The US Dollar Index Futures was down 0.02% at 102.63.

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