(C) Reuters. India stocks higher at close of trade; Nifty 50 up 0.27%
The best performers of the session on the Nifty 50 were Divi’s Laboratories Ltd. (NS:DIVI), which rose 1.89% or 83.95 points to trade at 4519.65 at the close. Meanwhile, ICICI Bank Ltd (NS:ICBK) added 1.49% or 9.40 points to end at 640.25 and Reliance Industries Ltd (NS:RELI) was up 1.48% or 31.10 points to 2129.05 in late trade.
The worst performers of the session were Tata Steel Ltd (NS:TISC), which fell 2.37% or 27.55 points to trade at 1136.00 at the close. Britannia Industries Ltd (NS:BRIT) declined 1.40% or 50.50 points to end at 3545.30 and JSW Steel Ltd (NS:JSTL) was down 1.36% or 9.25 points to 671.30.
The top performers on the BSE Sensex 30 were ICICI Bank Ltd (BO:ICBK) which rose 1.53% to 640.30, Reliance Industries Ltd (BO:RELI) which was up 1.50% to settle at 2129.20 and State Bank Of India (BO:SBI) which gained 0.99% to close at 424.55.
The worst performers were Tata Steel Ltd (BO:TISC) which was down 2.36% to 1135.95 in late trade, Power Grid Corporation of India Ltd (BO:PGRD) which lost 1.23% to settle at 228.05 and Bajaj Auto Ltd (BO:BAJA) which was down 0.75% to 4174.10 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 1007 to 668 and 51 ended unchanged; on the Bombay Stock Exchange, 1825 rose and 1239 declined, while 121 ended unchanged.
Shares in Divi’s Laboratories Ltd. (NS:DIVI) rose to all time highs; gaining 1.89% or 83.95 to 4519.65.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 5.84% to 12.0900 a new 52-week low.
Gold Futures for August delivery was up 0.61% or 10.85 to $1787.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.07% or 0.05 to hit $75.18 a barrel, while the September Brent oil contract fell 0.12% or 0.09 to trade at $75.75 a barrel.
USD/INR was up 0.22% to 74.727, while EUR/INR rose 0.08% to 88.4055.
The US Dollar Index Futures was up 0.03% at 92.620.
India stocks higher at close of trade; Nifty 50 up 0.27%
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