India stocks higher at close of trade; Nifty 50 up 0.91%

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At the close in NSE, the Nifty 50 rose 0.91%, while the BSE Sensex 30 index gained 0.99%.

The best performers of the session on the Nifty 50 were Larsen & Toubro Ltd (NS:LART), which rose 4.04% or 87.60 points to trade at 2,257.75 at the close. Meanwhile, Housing Development Finance Corporation Ltd (NS:HDFC) added 2.97% or 78.05 points to end at 2,707.00 and HDFC Bank Ltd (NS:HDBK) was up 2.68% or 43.20 points to 1,653.75 in late trade.

The worst performers of the session were Eicher Motors Ltd. (NS:EICH), which fell 2.35% or 70.55 points to trade at 2,933.75 at the close. Mahindra & Mahindra Ltd. (NS:MAHM) declined 1.35% or 15.85 points to end at 1,154.05 and Adani Enterprises Ltd (NS:ADEL) was down 1.13% or 19.45 points to 1,698.00.

The top performers on the BSE Sensex 30 were Larsen & Toubro Ltd (BO:LART) which rose 3.96% to 2,257.00, Housing Development Finance Corporation Ltd (BO:HDFC) which was up 2.97% to settle at 2,705.05 and HDFC Bank Ltd (BO:HDBK) which gained 2.72% to close at 1,654.10.

The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 1.26% to 1,065.55 in late trade, Mahindra & Mahindra Ltd. (BO:MAHM) which lost 1.24% to settle at 1,155.65 and NTPC Ltd (BO:NTPC) which was down 1.01% to 175.90 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1466 to 496 and 25 ended unchanged; on the Bombay Stock Exchange, 2494 rose and 916 declined, while 110 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.37% to 12.41.

Gold Futures for June delivery was up 0.04% or 0.75 to $2,038.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.27% or 0.22 to hit $80.49 a barrel, while the June Brent oil contract fell 0.29% or 0.25 to trade at $84.69 a barrel.

USD/INR was down 0.08% to 82.04, while EUR/INR fell 0.13% to 89.79.

The US Dollar Index Futures was up 0.14% at 101.40.