(C) Reuters. India stocks higher at close of trade; Nifty 50 up 1.36%
The best performers of the session on the Nifty 50 were Mahindra & Mahindra Ltd. (NS:MAHM), which rose 7.95% or 59.75 points to trade at 811.25 at the close. Meanwhile, Bajaj Finserv Ltd (NS:BJFS) added 7.02% or 643.55 points to end at 9806.70 and Tata Motors Ltd (NS:TAMO) was up 5.69% or 16.30 points to 302.85 in late trade.
The worst performers of the session were Dr. Reddy’s Laboratories Ltd (NS:REDY), which fell 4.40% or 219.65 points to trade at 4777.30 at the close. Tata Consultancy Services Ltd. (NS:TCS) declined 4.39% or 142.50 points to end at 3104.05 and Tech Mahindra Ltd (NS:TEML) was down 3.65% or 38.00 points to 1001.85.
The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:MAHM) which rose 8.02% to 811.65, Bajaj Finserv Ltd (BO:BJFS) which was up 6.43% to settle at 9751.00 and Bajaj Finance Ltd (BO:BJFN) which gained 4.75% to close at 4727.40.
The worst performers were Tata Consultancy Services Ltd. (BO:TCS) which was down 4.21% to 3105.00 in late trade, Dr. Reddy’s Laboratories Ltd (BO:REDY) which lost 4.18% to settle at 4780.60 and Tech Mahindra Ltd (BO:TEML) which was down 3.54% to 1001.30 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 1262 to 398 and 51 ended unchanged; on the Bombay Stock Exchange, 1866 rose and 897 declined, while 177 ended unchanged.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 11.02% to 20.4600.
Gold Futures for June delivery was down 0.48% or 8.30 to $1724.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.95% or 0.57 to hit $60.27 a barrel, while the June Brent oil contract rose 1.06% or 0.67 to trade at $63.95 a barrel.
USD/INR was up 0.56% to 75.397, while EUR/INR rose 0.40% to 89.6550.
The US Dollar Index Futures was up 0.11% at 92.243.
India stocks higher at close of trade; Nifty 50 up 1.36%
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