India stocks higher at close of trade; Nifty 50 up 0.66%

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At the close in NSE, the Nifty 50 gained 0.66% to hit a new 6-months high, while the BSE Sensex 30 index climbed 0.77%.

The best performers of the session on the Nifty 50 were Titan Company Ltd (NS:TITN), which rose 4.50% or 53.95 points to trade at 1253.90 at the close. Meanwhile, Bajaj Auto Ltd (NS:BAJA) added 3.63% or 107.75 points to end at 3080.00 and Hero MotoCorp Ltd (NS:HROM) was up 2.86% or 89.65 points to 3226.00 in late trade.

The worst performers of the session were Zee Entertainment Enterprises Ltd. (NS:ZEE), which fell 4.56% or 9.90 points to trade at 207.00 at the close. Bajaj Finance Ltd (NS:BJFN) declined 4.07% or 141.30 points to end at 3333.00 and Bharat Petroleum Corp. Ltd. (NS:BPCL) was down 2.78% or 9.80 points to 342.25.

The top performers on the BSE Sensex 30 were Titan Company Ltd (BO:TITN) which rose 4.53% to 1254.35, Bajaj Auto Ltd (BO:BAJA) which was up 3.55% to settle at 3078.70 and Maruti Suzuki India Ltd. (BO:MRTI) which gained 2.28% to close at 7047.75.

The worst performers were Bajaj Finance Ltd (BO:BJFN) which was down 4.12% to 3331.20 in late trade, Power Grid Corporation of India Ltd (BO:PGRD) which lost 2.18% to settle at 159.60 and Tata Steel Ltd (BO:TISC) which was down 1.84% to 370.40 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1033 to 599 and 77 ended unchanged; on the Bombay Stock Exchange, 1558 fell and 1032 advanced, while 198 ended unchanged.

Shares in Hero MotoCorp Ltd (NS:HROM) rose to 52-week highs; gaining 2.86% or 89.65 to 3226.00.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.16% to 20.0600.

Gold Futures for December delivery was down 0.91% or 17.35 to $1891.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 2.80% or 1.14 to hit $39.53 a barrel, while the December Brent oil contract fell 2.34% or 1.00 to trade at $41.65 a barrel.

USD/INR was down 0.17% to 73.308, while EUR/INR rose 0.01% to 86.1590.

The US Dollar Index Futures was up 0.11% at 93.850.