India Stock Market Update

India stocks closed higher on Tuesday, driven by gains in the Public Sector Undertakings, Banking, and Power sectors.

At the close in NSE, the Nifty 50 rose 0.72%, while the BSE Sensex 30 added 0.73%.

Nifty 50 Highlights

Best Performers:

• Adani Ports and Special Economic Zone Ltd (NS:APSE): +5.99% (+72.85 points to 1,288.65)
• NTPC Ltd (NS:NTPC): +2.58% (+9.25 points to 367.45)
• Adani Enterprises Ltd (NS:ADEL): +2.33% (+57.15 points to 2,514.20)

Worst Performers:

• Wipro Ltd (NS:WIPR): -50.11% (-292.90 points to 291.65)
• Bharti Airtel Ltd (NS:BRTI): -1.40% (-23.05 points to 1,620.55)
• Hero MotoCorp Ltd (NS:HROM): -1.08% (-51.45 points to 4,697.00)

BSE Sensex 30 Highlights

Top Performers:

• NTPC Ltd (BO:NTPC): +2.60% to 367.50
• Axis Bank Ltd. (BO:AXBK): +2.18% to 1,161.50
• State Bank Of India (BO:SBI): +1.99% to 852.85

Worst Performers:

• Bharti Airtel Ltd (BO:BRTI): -1.37% to 1,620.55
• ITC Ltd (BO:ITC): -1.00% to 472.40
• Sun Pharmaceutical Industries Ltd. (BO:SUN): -0.39% to 1,801.20

Market Overview

Rising stocks outnumbered declining ones, with 1781 up and 704 down on the India National Stock Exchange; on the Bombay Stock Exchange, 2584 gained and 1212 fell, while 103 remained unchanged.

The India VIX, measuring Nifty 50 options' implied volatility, was down 1.99% to 14.41.

Commodities Update

• Gold Futures: +0.30% (+7.94 to $2,666.44/troy ounce)
• Crude Oil: +1.03% (+0.70 to $68.80/barrel)
• Brent Oil: +0.97% (+0.70 to $72.53/barrel)

Currency Update

• USD/INR: -0.05% to 84.68
• EUR/INR: +0.18% to 89.14
• US Dollar Index Futures: -0.19% at 106.22.