India stocks higher at close of trade; Nifty 50 up 0.67%

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At the close in NSE, the Nifty 50 rose 0.67% to hit a new 6-months high, while the BSE Sensex 30 index climbed 0.59%.

The best performers of the session on the Nifty 50 were Tata Motors Ltd (NS:TAMO), which rose 8.77% or 11.15 points to trade at 138.25 at the close. Meanwhile, Hero MotoCorp Ltd (NS:HROM) added 6.47% or 192.25 points to end at 3162.00 and IndusInd Bank Ltd. (NS:INBK) was up 5.96% or 32.00 points to 568.50 in late trade.

The worst performers of the session were Bharti Airtel Ltd. (NS:BRTI), which fell 2.88% or 15.25 points to trade at 513.40 at the close. UltraTech Cement Ltd (NS:ULTC) declined 2.17% or 90.35 points to end at 4082.00 and Britannia Industries Ltd (NS:BRIT) was down 1.64% or 63.85 points to 3833.00.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 5.93% to 568.10, Reliance Industries Ltd (BO:RELI) which was up 2.63% to settle at 2136.85 and AXIS Bank Ltd. (BO:AXBK) which gained 2.58% to close at 463.40.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 2.66% to 514.55 in late trade, UltraTech Cement Ltd (BO:ULTC) which lost 2.10% to settle at 4087.05 and Asian Paints Ltd. (BO:ASPN) which was down 1.42% to 1972.55 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 975 to 622 and 86 ended unchanged; on the Bombay Stock Exchange, 1572 rose and 1087 declined, while 163 ended unchanged.

Shares in Hero MotoCorp Ltd (NS:HROM) rose to 52-week highs; gaining 6.47% or 192.25 to 3162.00.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.06% to 19.3025.

Gold Futures for December delivery was up 0.14% or 2.60 to $1925.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.37% or 0.16 to hit $43.19 a barrel, while the November Brent oil contract fell 0.26% or 0.12 to trade at $46.17 a barrel.

USD/INR was up 0.07% to 74.254, while EUR/INR fell 0.11% to 87.7090.

The US Dollar Index Futures was up 0.10% at 93.108.