India stocks higher at close of trade; Nifty 50 up 0.02%

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At the close in NSE, the Nifty 50 added 0.02%, while the BSE Sensex 30 index added 0.02%.

The best performers of the session on the Nifty 50 were Tata Steel Ltd (NS:TISC), which rose 2.13% or 2.55 points to trade at 122.10 at the close. Meanwhile, Maruti Suzuki India Ltd. (NS:MRTI) added 1.82% or 175.15 points to end at 9,796.40 and Eicher Motors Ltd. (NS:EICH) was up 1.50% or 50.40 points to 3,405.75 in late trade.

The worst performers of the session were Power Grid Corporation of India Ltd (NS:PGRD), which fell 1.61% or 4.05 points to trade at 247.10 at the close. Bharat Petroleum Corp. Ltd. (NS:BPCL) declined 1.49% or 5.30 points to end at 351.50 and Hero MotoCorp Ltd (NS:HROM) was down 1.42% or 42.55 points to 2,945.60.

The top performers on the BSE Sensex 30 were Tata Steel Ltd (BO:TISC) which rose 2.09% to 122.05, Mahindra & Mahindra Ltd. (BO:MAHM) which was up 1.53% to settle at 1,583.40 and Maruti Suzuki India Ltd. (BO:MRTI) which gained 1.50% to close at 9,764.40.

The worst performers were Power Grid Corporation of India Ltd (BO:PGRD) which was down 1.59% to 247.15 in late trade, Dr. Reddy’s Laboratories Ltd (BO:REDY) which lost 1.37% to settle at 5,650.15 and State Bank Of India (BO:SBI) which was down 1.31% to 567.65 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1282 to 716 and 61 ended unchanged; on the Bombay Stock Exchange, 2203 rose and 1310 declined, while 136 ended unchanged.

Shares in Mahindra & Mahindra Ltd. (BO:MAHM) rose to all time highs; up 1.53% or 23.90 to 1,583.40.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.48% to 11.80.

Gold Futures for December delivery was up 0.01% or 0.25 to $1,965.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.69% or 0.56 to hit $81.72 a barrel, while the November Brent oil contract rose 0.57% or 0.48 to trade at $85.39 a barrel.

USD/INR was up 0.13% to 82.70, while EUR/INR rose 0.21% to 90.04.

The US Dollar Index Futures was down 0.05% at 103.42.