India stocks higher at close of trade; Nifty 50 up 0.41%

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At the close in NSE, the Nifty 50 gained 0.41%, while the BSE Sensex 30 index climbed 0.48%.

The best performers of the session on the Nifty 50 were Adani Enterprises Ltd (NS:ADEL), which rose 3.49% or 66.05 points to trade at 1,956.05 at the close. Meanwhile, Adani Ports and Special Economic Zone Ltd (NS:APSE) added 3.48% or 23.15 points to end at 688.10 and Tata Motors Ltd (NS:TAMO) was up 3.25% or 16.50 points to 524.95 in late trade.

The worst performers of the session were Divi’s Laboratories Ltd. (NS:DIVI), which fell 1.75% or 55.20 points to trade at 3,098.30 at the close. Britannia Industries Ltd (NS:BRIT) declined 1.41% or 64.50 points to end at 4,499.85 and Tata Consumer Products Ltd (NS:TACN) was down 1.40% or 10.85 points to 765.45.

The top performers on the BSE Sensex 30 were Tech Mahindra Ltd (BO:TEML) which rose 2.30% to 1,072.00, Infosys Ltd (BO:INFY) which was up 1.84% to settle at 1,268.85 and HCL Technologies Ltd (BO:HCLT) which gained 1.31% to close at 1,094.05.

The worst performers were NTPC Ltd (BO:NTPC) which was down 1.06% to 173.15 in late trade, Asian Paints Ltd. (BO:ASPN) which lost 0.77% to settle at 3,084.85 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 0.72% to 4,389.05 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1078 to 847 and 55 ended unchanged; on the Bombay Stock Exchange, 1772 fell and 1550 advanced, while 143 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.85% to 12.30.

Gold Futures for June delivery was up 0.38% or 7.50 to $1,967.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.24% or 0.89 to hit $72.75 a barrel, while the July Brent oil contract rose 1.25% or 0.95 to trade at $76.81 a barrel.

USD/INR was down 0.01% to 82.71, while EUR/INR rose 0.19% to 89.27.

The US Dollar Index Futures was down 0.27% at 103.18.