India stocks higher at close of trade; Nifty 50 up 0.94% By

© Reuters India stocks higher at close of trade; Nifty 50 up 0.94% – India stocks were higher after the close on Tuesday, as gains in the , and sectors led shares higher.

At the close in NSE, the rose 0.94%, while the index added 0.89%.

The best performers of the session on the were HCL Technologies Ltd (NS:), which rose 3.89% or 45.10 points to trade at 1205.00 at the close. Meanwhile, Wipro Ltd (NS:) added 3.73% or 24.85 points to end at 690.80 and UPL Ltd (NS:) was up 3.58% or 25.35 points to 733.65 in late trade.

The worst performers of the session were Power Grid Corporation of India Ltd (NS:), which fell 1.55% or 3.25 points to trade at 206.60 at the close. AXIS Bank Ltd (NS:) declined 1.26% or 8.50 points to end at 665.85 and Bajaj Finance Ltd (NS:) was down 0.85% or 56.60 points to 6577.55.

The top performers on the BSE Sensex 30 were HCL Technologies Ltd (BO:) which rose 3.91% to 1205.25, Wipro Ltd (BO:) which was up 3.66% to settle at 690.75 and Tata Steel Ltd (BO:) which gained 2.98% to close at 1104.90.

The worst performers were Power Grid Corporation of India Ltd (BO:) which was down 1.50% to 206.65 in late trade, AXIS Bank Ltd. (BO:) which lost 1.31% to settle at 665.95 and Bajaj Finance Ltd (BO:) which was down 0.82% to 6579.45 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1296 to 490 and 28 ended unchanged; on the Bombay Stock Exchange, 2205 rose and 1014 declined, while 109 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 7.53% to 17.5375.

Gold Futures for February delivery was up 0.13% or 2.40 to $1797.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.21% or 0.83 to hit $69.44 a barrel, while the February Brent oil contract rose 0.89% or 0.64 to trade at $72.16 a barrel.

USD/INR was down 0.19% to 75.577, while EUR/INR fell 0.01% to 85.3645.

The US Dollar Index Futures was down 0.18% at 96.370.

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