India stocks higher at close of trade; Nifty 50 up 0.57%

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At the close in NSE, the Nifty 50 rose 0.57%, while the BSE Sensex 30 index added 0.63%.

The best performers of the session on the Nifty 50 were Hindustan Unilever Ltd. (NS:HLL), which rose 4.31% or 85.80 points to trade at 2077.85 at the close. Meanwhile, Sun Pharmaceutical Industries Ltd. (NS:SUN) added 3.94% or 17.80 points to end at 470.00 and Tech Mahindra Ltd (NS:TEML) was up 3.66% or 18.90 points to 535.25 in late trade.

The worst performers of the session were Yes Bank Ltd (NS:YESB), which fell 4.09% or 1.15 points to trade at 26.95 at the close. NTPC Ltd (NS:NTPC) declined 3.70% or 3.35 points to end at 87.10 and Mahindra & Mahindra Ltd. (NS:MAHM) was down 3.66% or 14.65 points to 386.00.

The top performers on the BSE Sensex 30 were Hindustan Unilever Ltd. (BO:HLL) which rose 4.81% to 2088.35, Nestle India Ltd (BO:NEST) which was up 3.89% to settle at 17799.95 and Tech Mahindra Ltd (BO:TEML) which gained 3.77% to close at 535.50.

The worst performers were NTPC Ltd (BO:NTPC) which was down 3.98% to 86.90 in late trade, Mahindra & Mahindra Ltd. (BO:MAHM) which lost 3.87% to settle at 385.25 and AXIS Bank Ltd. (BO:AXBK) which was down 3.56% to 383.25 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 880 to 614 and 88 ended unchanged; on the Bombay Stock Exchange, 1236 fell and 968 advanced, while 170 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.81% to 38.4075.

Gold Futures for June delivery was up 0.39% or 6.65 to $1732.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 2.80% or 0.66 to hit $24.21 a barrel, while the July Brent oil contract rose 1.83% or 0.54 to trade at $30.00 a barrel.

USD/INR was down 0.27% to 75.582, while EUR/INR fell 0.18% to 81.9460.

The US Dollar Index Futures was down 0.14% at 99.765.