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India shares higher at close of trade; Nifty 50 up 0.81%

Published 2023-12-05, 05:30 a/m
© Reuters India shares higher at close of trade; Nifty 50 up 0.81%

Investing.com – India equities were higher at the close on Tuesday, as gains in the Power, Oil & Gas and Green Energy sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 0.81% to hit a new all time high, while the BSE Sensex 30 index climbed 0.63%.

The biggest gainers of the session on the Nifty 50 were Adani Enterprises Ltd (NS:ADEL), which rose 16.91% or 428.15 points to trade at 2,959.35 at the close. Adani Ports and Special Economic Zone Ltd (NS:APSE) added 15.30% or 134.45 points to end at 1,013.10 and Power Grid Corporation of India Ltd (NS:PGRD) was up 4.42% or 9.40 points to 222.30 in late trade.

Biggest losers included LTIMindtree Ltd (NS:LTIM), which lost 1.53% or 85.35 points to trade at 5,492.05 in late trade. Hindustan Unilever Ltd. (NS:HLL) declined 1.50% or 39.05 points to end at 2,563.25 and Divi's Laboratories Ltd. (NS:DIVI) shed 1.50% or 56.95 points to 3,741.15.

The top performers on the BSE Sensex 30 were Power Grid Corporation of India Ltd (BO:PGRD) which rose 4.46% to 222.40, NTPC Ltd (BO:NTPC) which was up 3.89% to settle at 285.50 and State Bank Of India (BO:SBI) which gained 2.31% to close at 608.40.

The worst performers were LTIMindtree Ltd (BO:LTIM) which was down 1.54% to 5,488.95 in late trade, Hindustan Unilever Ltd. (BO:HLL) which lost 1.45% to settle at 2,564.05 and HCL Technologies Ltd (BO:HCLT) which was down 1.28% to 1,319.65 at the close.

Declining stocks outnumbered rising ones by 1141 to 930 and 63 ended unchanged; on the Bombay Stock Exchange, 1931 fell and 1685 advanced, while 120 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 3.58% to 13.46 a new 6-month high.

In commodities trading, Gold Futures for February delivery was down 0.01% or 0.25 to $2,041.95 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.05% or 0.77 to hit $73.81 a barrel, while the February Brent oil contract rose 0.92% or 0.72 to trade at $78.75 a barrel.

USD/INR was down 0.05% to 83.37, while EUR/INR fell 0.04% to 90.36.

The US Dollar Index Futures was down 0.07% at 103.58.

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