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

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

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

The best performers of the session on the were Bajaj Finance Ltd (NS:), which rose 7.19% or 527.45 points to trade at 7,860.45 at the close. Meanwhile, Bajaj Finserv Ltd (NS:) added 5.80% or 89.40 points to end at 1,629.50 and Hero MotoCorp Ltd (NS:) 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:), which fell 6.31% or 229.05 points to trade at 3,401.80 at the close. Bharti Airtel Ltd. (NS:) declined 1.59% or 14.00 points to end at 865.15 and Grasim Industries Ltd (NS:) 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:) which rose 7.17% to 7,861.40, Bajaj Finserv Ltd (BO:) which was up 5.76% to settle at 1,629.45 and Tech Mahindra Ltd (BO:) which gained 2.39% to close at 1,148.15.

The worst performers were Bharti Airtel Ltd (BO:) which was down 1.54% to 865.50 in late trade, Axis Bank Ltd. (BO:) which lost 1.18% to settle at 970.55 and Reliance Industries Ltd (BO:) 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:) rose to 52-week highs; gaining 7.19% or 527.45 to 7,860.45. Shares in Hero MotoCorp Ltd (NS:) rose to 52-week highs; gaining 4.52% or 131.05 to 3,029.80. Shares in Bajaj Finance Ltd (BO:) rose to 52-week highs; rising 7.17% or 526.05 to 7,861.40.

The , 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.