India stocks higher at close of trade; Nifty 50 up 0.73%

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At the close in NSE, the Nifty 50 rose 0.73%, while the BSE Sensex 30 index gained 0.71%.

The best performers of the session on the Nifty 50 were Bharti Airtel Ltd. (NS:BRTI), which rose 7.09% or 36.40 points to trade at 549.50 at the close. Meanwhile, JSW Steel Ltd (NS:JSTL) added 6.54% or 17.65 points to end at 287.45 and Hindalco Industries Ltd. (NS:HALC) was up 5.26% or 9.75 points to 195.00 in late trade.

The worst performers of the session were Bharti Infratel Ltd (NS:BHRI), which fell 4.56% or 9.05 points to trade at 189.50 at the close. Oil And Natural Gas Corporation Ltd (NS:ONGC) declined 2.87% or 2.35 points to end at 79.60 and AXIS Bank Ltd (NS:AXBK) was down 1.96% or 9.75 points to 487.00.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 6.93% to 549.55, Tata Steel Ltd (BO:TISC) which was up 4.65% to settle at 432.40 and Bajaj Finance Ltd (BO:BJFN) which gained 4.17% to close at 3635.00.

The worst performers were Oil And Natural Gas Corporation Ltd (BO:ONGC) which was down 3.29% to 79.35 in late trade, AXIS Bank Ltd. (BO:AXBK) which lost 1.97% to settle at 487.15 and Infosys Ltd (BO:INFY) which was down 1.53% to 914.30 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 905 to 690 and 69 ended unchanged; on the Bombay Stock Exchange, 1365 fell and 1104 advanced, while 143 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.53% to 21.8000.

Gold Futures for December delivery was up 0.96% or 19.00 to $1997.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.15% or 0.49 to hit $43.10 a barrel, while the November Brent oil contract rose 1.24% or 0.56 to trade at $45.84 a barrel.

USD/INR was down 0.39% to 72.965, while EUR/INR rose 0.02% to 87.4525.

The US Dollar Index Futures was down 0.31% at 91.843.