India Stock Market Update

Investing.com – India stocks were higher after the close on Tuesday, with gains in the Real Estate, Metals, and IT sectors leading shares up.

At the close in NSE, the Nifty 50 gained 0.01% to hit a new all-time low, while the BSE Sensex 30 index climbed 0.04%.

Top Performers

The best performers of the session on the Nifty 50 were:
– Shriram Finance Ltd. (NS:SHMF): +2.56% (79.60 points) to trade at 3,186.50
– Bajaj Finserv Ltd (NS:BJFS): +1.61% (26.35 points) to end at 1,663.40
– Wipro Ltd (NS:WIPR): +1.43% (4.35 points) to 308.10 in late trade.

On the BSE Sensex 30, the top performers included:
– Bajaj Finserv Ltd (BO:BJFS): +1.65% to 1,665.00
– HCL Technologies Ltd (BO:HCLT): +1.31% to settle at 1,934.55
– Wipro Ltd (BO:WIPR): +1.15% to close at 307.65.

Worst Performers

The worst performers of the session on the Nifty 50 were:
– Bharti Airtel Ltd. (NS:BRTI): -1.49% (23.90 points) to trade at 1,578.65
– Adani Ports and Special Economic Zone Ltd (NS:APSE): -1.43% (18.10 points) to end at 1,248.75
– HDFC Life Insurance Company Ltd (NS:HDFL): -1.32% (8.50 points) to 633.30.

On the BSE Sensex 30, the worst performers included:
– Bharti Airtel Ltd (BO:BRTI): -1.30% to 1,581.00
– Tech Mahindra Ltd (BO:TEML): -0.90% to settle at 1,761.50
– Axis Bank Ltd. (BO:AXBK): -0.73% to 1,155.00 at the close.

Market Overview

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1,310 to 1,173, with 143 unchanged. On the Bombay Stock Exchange, 1,947 rose, 1,840 declined, and 128 remained unchanged.

Many companies reached new all-time lows, including Shriram Finance, Bajaj Finserv, and Wipro gaining, while Bharti Airtel and HDFC Life fell.

The India VIX, which measures implied volatility of Nifty 50 options, was down 2.36% to 13.77, a new all-time low.

Commodity Prices

• Gold Futures for February delivery: +0.23% (6.31) to $2,692.11 a troy ounce.
• Crude oil (January delivery): -0.54% (0.37) to $68.00 a barrel.
• February Brent oil contract: -0.47% (0.34) to $71.80 a barrel.

Currency Exchange

• USD/INR: Unchanged at 84.84
• EUR/INR: -0.21% to 89.36

The US Dollar Index Futures was up 0.15% at 105.98.