India stocks higher at close of trade; Nifty 50 up 0.82%

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At the close in NSE, the Nifty 50 rose 0.82% to hit a new all time high, while the BSE Sensex 30 index climbed 0.79%.

The best performers of the session on the Nifty 50 were Adani Enterprises Ltd (NS:ADEL), which rose 5.15% or 117.55 points to trade at 2,402.00 at the close. Meanwhile, Adani Ports and Special Economic Zone Ltd (NS:APSE) added 5.03% or 36.25 points to end at 756.50 and JSW Steel Ltd (NS:JSTL) was up 2.74% or 20.90 points to 783.40 in late trade.

The worst performers of the session were HDFC Life Insurance Company Ltd (NS:HDFL), which fell 2.29% or 15.25 points to trade at 651.95 at the close. Tech Mahindra Ltd (NS:TEML) declined 1.04% or 11.60 points to end at 1,108.10 and Hero MotoCorp Ltd (NS:HROM) was down 0.54% or 15.35 points to 2,828.75.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:SUN) which rose 2.07% to 1,022.40, NTPC Ltd (BO:NTPC) which was up 1.80% to settle at 189.35 and Titan Company Ltd (BO:TITN) which gained 1.64% to close at 3,024.95.

The worst performers were Tech Mahindra Ltd (BO:TEML) which was down 0.93% to 1,109.00 in late trade, Mahindra & Mahindra Ltd. (BO:MAHM) which lost 0.32% to settle at 1,396.00 and Bajaj Finserv Ltd (BO:BJFS) which was down 0.26% to 1,518.50 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 0 to 0; on the Bombay Stock Exchange, 0 fell and 0 advanced.

Shares in JSW Steel Ltd (NS:JSTL) rose to all time highs; up 2.74% or 20.90 to 783.40. Shares in NTPC Ltd (BO:NTPC) rose to 5-year highs; rising 1.80% or 3.35 to 189.35. Shares in Titan Company Ltd (BO:TITN) rose to all time highs; up 1.64% or 48.75 to 3,024.95.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.02% to 10.89 a new 3-years low.

Gold Futures for August delivery was down 0.29% or 5.55 to $1,916.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.19% or 0.13 to hit $69.69 a barrel, while the September Brent oil contract rose 0.12% or 0.09 to trade at $74.33 a barrel.

USD/INR was unchanged 0.00% to 82.01, while EUR/INR rose 0.07% to 89.57.

The US Dollar Index Futures was up 0.02% at 102.57.