Indian equity indices closed in positive territory on Tuesday, supported by strength across Technology, Real Estate and Metals names.
At the National Stock Exchange close, the Nifty 50 advanced 0.68%. On the Bombay Stock Exchange, the Sensex 30 finished up 0.69%.
Top movers on the Nifty
- Wipro Ltd (NSE:WIPR) was the session's best performer on the Nifty, rising 3.71% or 7.31 points to finish at 204.60.
- Hindalco Industries Ltd. (NSE:HALC) gained 2.97% or 27.55 points to close at 955.00.
- Tata Consultancy Services Ltd. (NSE:TCS) added 2.81% or 69.50 points, ending the day at 2,543.40.
Lagging stocks on the Nifty
- Dr Reddy's Laboratories Ltd (NSE:REDY) fell 1.63% or 19.80 points to 1,198.00 at the close.
- Adani Enterprises Ltd (NSE:ADEL) declined 0.96% or 18.20 points to end at 1,884.00.
- Hero MotoCorp Ltd (NSE:HROM) was down 0.84% or 43.00 points to 5,060.50.
BSE Sensex 30 leaders and laggards
- Tata Consultancy Services Ltd. (BO:TCS) rose 2.81% to 2,543.00.
- HCL Technologies Ltd (BO:HCLT) climbed 2.67% to settle at 1,440.00.
- Infosys Ltd (BO:INFY) gained 2.59% to close at 1,340.00.
- At the other end, State Bank Of India (BO:SBI) slipped 0.55% to 1,027.00; Adani Port and Special Economic Zone Ltd (BO:APSE) lost 0.44% to 1,382.00; and Titan Company Ltd (BO:TITN) was down 0.31% to 4,231.30.
Market breadth on the NSE showed more advancing issues than decliners, with 1,601 stocks rising, 936 falling and 38 unchanged. On the BSE, 2,477 stocks gained, 1,490 declined and 145 finished unchanged.
The India VIX, which tracks implied volatility for Nifty 50 options, eased 2.77% to 24.76 by the close.
Commodities and currencies
Gold futures for June delivery rose 0.20% or 9.22 to $4,693.92 a troy ounce. In energy markets, crude oil for May delivery increased 1.19% or 1.34 to $113.75 a barrel, while the June Brent contract was up 0.67% or 0.73 at $110.50 a barrel.
Foreign exchange moves included USD/INR rising 0.16% to 93.21 and EUR/INR increasing 0.17% to 107.47. The US Dollar Index Futures edged down 0.02% to 99.78.
Overall, Tuesday's session closed with broad participation across market segments, led by gains in technology, metals and real estate names, and accompanied by a modest retreat in volatility and modest strength in commodity prices.