India Stocks Ended Higher; Nifty 50 up 1.00%

India stocks ended higher after the close on Tuesday. Leading shares higher were gains in the banking, auto and real estate sectors.

The Nifty 50 was up 1.00% to hit a new all time high, at the close in NSE. The BSE Sensex 30 index climbed 1.01%.

The outperformers of the session on the Nifty 50 were Adani Port and Special Economic Zone Ltd. They rose 4.46% or 16.75 points to trade at 391.90 at the close.

Meanwhile, AXIS Bank Ltd added 3.93% or 23.40 points to end at 619.00. Moreover, HDFC Bank Ltd was up 3.54% or 49.40 points to 1444.00 in late trade.

Titan Company Ltd were the worst performers of the session. It fell 1.45% or 19.60 points to trade at 1328.00 at the close. 

Also down was Housing Development Finance Corporation Ltd. They lost 1.37% or 30.80 points to end at 2220.00. Furthermore, Bharat Petroleum Corp. Ltd. was down 1.17% or 4.60 points to 389.85.

The top performers on the BSE Sensex 30 were AXIS Bank Ltd, rising 4.02% to 619.55.

HDFC Bank Ltd was up 3.47% to settle at 1443.25. Mahindra & Mahindra Ltd. gained 3.47% to close at 729.75.

More Stocks on the Move

The worst performers were Housing Development Finance Corporation Ltd, down 1.47% to 2217.65 in late trade. Titan Company Ltd lost 1.36% to settle at 1327.95. 

Nestle India Ltd was down 0.71% to 17665.00 at the close.

On the India National Stock Exchange, rising stocks outnumbered declining ones by 965 to 663 and 82 ended unchanged. Meanwhile, in the Bombay Stock Exchange, 1581 rose and 1137 declined, while 176 ended unchanged.

Shares in HDFC Bank Ltd rose to all time highs, gaining 3.54% or 49.40 to 1444.00. Shares in HDFC Bank Ltd rose to 3-years highs, gaining 3.47% or 48.40 to 1443.25. 

Shares in Mahindra & Mahindra Ltd. rose to 52-week highs, up 3.47% or 24.50 to 729.75.

The India VIX measures the implied volatility of Nifty 50 options. It was up 1.25% to 21.0575.

In precious metals, gold futures for December delivery was down 1.24% or 22.75 to $1815.05 a troy ounce. In commodities trading, Crude oil for delivery in January rose 0.93% or 0.40 to hit $43.46 a barrel. The February Brent oil contract rose 0.74% or 0.34 to trade at $46.38 a barrel.

USD/INR fell 0.33% to 74.002, while EUR/INR climbed 0.05% to 87.9525.

The US Dollar Index Futures declined 0.31% at 92.207.