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%, while the BSE Sensex 30 index climbed 0.62%.

The best performers of the session on the Nifty 50 were HCL Technologies Ltd (NS:HCLT), which rose 3.36% or 36.05 points to trade at 1,108.45 at the close. Meanwhile, Hindalco Industries Ltd. (NS:HALC) added 2.94% or 11.30 points to end at 396.25 and UPL Ltd (NS:UPLL) was up 2.76% or 19.25 points to 715.65 in late trade.

The worst performers of the session were Eicher Motors Ltd. (NS:EICH), which fell 2.00% or 60.85 points to trade at 2,974.60 at the close. ITC Ltd (NS:ITC) declined 1.55% or 5.90 points to end at 375.55 and NTPC Ltd (NS:NTPC) was down 1.48% or 2.65 points to 176.95.

The top performers on the BSE Sensex 30 were HCL Technologies Ltd (BO:HCLT) which rose 3.58% to 1,110.50, UltraTech Cement Ltd (BO:ULTC) which was up 2.53% to settle at 7,288.70 and Nestle India Ltd (BO:NEST) which gained 2.32% to close at 18,870.95.

The worst performers were ITC Ltd (BO:ITC) which was down 1.51% to 375.75 in late trade, Maruti Suzuki India Ltd. (BO:MRTI) which lost 1.48% to settle at 8,310.75 and NTPC Ltd (BO:NTPC) which was down 1.25% to 177.35 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1171 to 729 and 76 ended unchanged; on the Bombay Stock Exchange, 1952 rose and 1431 declined, while 129 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 8.94% to 14.77.

Gold Futures for April delivery was up 0.60% or 11.55 to $1,934.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 1.67% or 1.14 to hit $69.49 a barrel, while the May Brent oil contract rose 1.34% or 1.00 to trade at $75.70 a barrel.

USD/INR was down 0.03% to 82.58, while EUR/INR rose 0.18% to 87.78.

The US Dollar Index Futures was down 0.16% at 103.93.