India stocks higher at close of trade; Nifty 50 up 0.53%

This post was originally published on this site

https://i-invdn-com.akamaized.net/news/Mumbai_Stock_Exchange_M_1440056073.jpg

At the close in NSE, the Nifty 50 gained 0.53% to hit a new 3-months high, while the BSE Sensex 30 index climbed 0.50%.

The best performers of the session on the Nifty 50 were Eicher Motors Ltd. (NS:EICH), which rose 4.18% or 767.40 points to trade at 19121.00 at the close. Meanwhile, Adani Port and Special Economic Zone Ltd (NS:APSE) added 4.12% or 14.30 points to end at 361.10 and Bharti Airtel Ltd. (NS:BRTI) was up 4.08% or 22.80 points to 581.25 in late trade.

The worst performers of the session were JSW Steel Ltd (NS:JSTL), which fell 1.77% or 3.45 points to trade at 191.00 at the close. Tata Steel Ltd (NS:TISC) declined 1.76% or 5.90 points to end at 329.00 and IndusInd Bank Ltd. (NS:INBK) was down 1.48% or 7.30 points to 487.50.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 4.05% to 581.10, Bajaj Auto Ltd (BO:BAJA) which was up 2.52% to settle at 2941.00 and Tata Consultancy Services Ltd. (BO:TCS) which gained 1.93% to close at 2200.00.

The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 1.55% to 487.00 in late trade, Tata Steel Ltd (BO:TISC) which lost 1.49% to settle at 329.95 and HDFC Bank Ltd (BO:HDBK) which was down 1.26% to 1076.00 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 875 to 743 and 51 ended unchanged; on the Bombay Stock Exchange, 1307 fell and 1258 advanced, while 136 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.79% to 25.7675 a new 3-months low.

Gold Futures for August delivery was down 0.22% or 4.00 to $1786.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 1.40% or 0.57 to hit $40.08 a barrel, while the September Brent oil contract fell 1.46% or 0.63 to trade at $42.51 a barrel.

USD/INR was down 0.10% to 74.666, while EUR/INR fell 0.17% to 83.8535.

The US Dollar Index Futures was down 0.03% at 97.273.