India stocks higher at close of trade; Nifty 50 up 0.16%

Investing.com – India stocks were higher after the close on Tuesday, as gains in the Fast Moving Consumer Goods, Public Sector Undertakings and Oil&Gas sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.16%, while the BSE Sensex 30 index gained 0.17%.

The best performers of the session on the Nifty 50 were Coal India Ltd (NS:COAL), which rose 5.55% or 19.30 points to trade at 366.95 at the close. Meanwhile, Nestle India Ltd (NS:NEST) added 4.66% or 1,135.45 points to end at 25,489.70 and NTPC Ltd (NS:NTPC) was up 2.13% or 6.45 points to 309.65 in late trade.

The worst performers of the session were Adani Ports and Special Economic Zone Ltd (NS:APSE), which fell 1.86% or 20.30 points to trade at 1,074.00 at the close. SBI Life Insurance Company Ltd (NS:SBIL) declined 1.55% or 22.40 points to end at 1,424.55 and Wipro Ltd (NS:WIPR) was down 1.47% or 6.55 points to 438.70.

The top performers on the BSE Sensex 30 were Nestle India Ltd (BO:NEST) which rose 4.66% to 25,490.00, NTPC Ltd (BO:NTPC) which was up 2.16% to settle at 309.80 and Reliance Industries Ltd (BO:RELI) which gained 1.53% to close at 2,558.45.

The worst performers were Wipro Ltd (BO:WIPR) which was down 1.43% to 438.60 in late trade, Tata Consultancy Services Ltd. (BO:TCS) which lost 1.19% to settle at 3,812.10 and HCL Technologies Ltd (BO:HCLT) which was down 1.07% to 1,488.15 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1103 to 998 and 41 ended unchanged; on the Bombay Stock Exchange, 1839 rose and 1789 declined, while 137 ended unchanged.

Shares in Coal India Ltd (NS:COAL) rose to 5-year highs; gaining 5.55% or 19.30 to 366.95. Shares in Nestle India Ltd (NS:NEST) rose to all time highs; gaining 4.66% or 1,135.45 to 25,489.70. Shares in NTPC Ltd (NS:NTPC) rose to all time highs; up 2.13% or 6.45 to 309.65. Shares in Nestle India Ltd (BO:NEST) rose to all time highs; up 4.66% or 1,133.80 to 25,490.00. Shares in NTPC Ltd (BO:NTPC) rose to all time highs; rising 2.16% or 6.55 to 309.80.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.23% to 13.87.

Gold Futures for February delivery was down 0.03% or 0.60 to $2,039.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.36% or 0.26 to hit $72.56 a barrel, while the February Brent oil contract fell 0.35% or 0.27 to trade at $77.68 a barrel.

USD/INR was up 0.14% to 83.27, while EUR/INR rose 0.23% to 91.04.

The US Dollar Index Futures was down 0.03% at 102.15.