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At the close in NSE, the Nifty 50 rose 3.05% to hit a new 1-month high, while the BSE Sensex 30 index gained 3.22%.
The best performers of the session on the Nifty 50 were AXIS Bank Ltd (NS:AXBK), which rose 13.93% or 58.85 points to trade at 481.40 at the close. Meanwhile, Eicher Motors Ltd. (NS:EICH) added 9.94% or 1328.65 points to end at 14700.00 and ICICI Bank Ltd (NS:ICBK) was up 9.65% or 33.00 points to 375.00 in late trade.
The worst performers of the session were Nestle India Ltd (NS:NEST), which fell 2.90% or 519.10 points to trade at 17376.15 at the close. Hindustan Unilever Ltd. (NS:HLL) declined 2.02% or 49.10 points to end at 2387.00 and Bharti Infratel Ltd (NS:BHRI) was down 1.92% or 3.30 points to 168.20.
The top performers on the BSE Sensex 30 were AXIS Bank Ltd. (BO:AXBK) which rose 13.45% to 480.05, ICICI Bank Ltd (BO:ICBK) which was up 9.89% to settle at 375.95 and IndusInd Bank Ltd. (BO:INBK) which gained 9.13% to close at 474.70.
The worst performers were Nestle India Ltd (BO:NEST) which was down 2.71% to 17399.95 in late trade, Hindustan Unilever Ltd. (BO:HLL) which lost 2.14% to settle at 2384.45 and Tech Mahindra Ltd (BO:TEML) which was down 1.43% to 510.50 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 1199 to 323 and 85 ended unchanged; on the Bombay Stock Exchange, 1644 rose and 660 declined, while 160 ended unchanged.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 7.60% to 42.5925 a new 1-month low.
Gold Futures for June delivery was down 1.84% or 31.80 to $1699.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 5.64% or 1.12 to hit $18.75 a barrel, while the June Brent oil contract rose 2.19% or 0.61 to trade at $28.43 a barrel.
USD/INR was down 0.40% to 76.481, while EUR/INR fell 0.49% to 82.7975.
The US Dollar Index Futures was up 0.10% at 100.198.
