(C) Reuters. India stocks higher at close of trade; Nifty 50 up 0.71%
The best performers of the session on the Nifty 50 were Hindalco Industries Ltd. (NS:HALC), which rose 3.80% or 14.30 points to trade at 390.35 at the close. Meanwhile, Oil And Natural Gas Corporation Ltd (NS:ONGC) added 2.36% or 2.80 points to end at 121.25 and State Bank Of India (NS:SBI) was up 1.94% or 8.25 points to 432.65 in late trade.
The worst performers of the session were HDFC Life Insurance Company Ltd (NS:HDFL), which fell 1.40% or 9.60 points to trade at 677.90 at the close. Tech Mahindra Ltd (NS:TEML) declined 1.35% or 14.75 points to end at 1074.65 and Bharat Petroleum Corp. Ltd. (NS:BPCL) was down 0.66% or 3.05 points to 459.70.
The top performers on the BSE Sensex 30 were State Bank Of India (BO:SBI) which rose 1.92% to 432.70, Tata Steel Ltd (BO:TISC) which was up 1.84% to settle at 1156.80 and Larsen & Toubro Ltd (BO:LART) which gained 1.47% to close at 1507.70.
The worst performers were Tech Mahindra Ltd (BO:TEML) which was down 1.34% to 1074.80 in late trade, Dr. Reddy’s Laboratories Ltd (BO:REDY) which lost 0.65% to settle at 5537.90 and HCL Technologies Ltd (BO:HCLT) which was down 0.44% to 980.55 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 1181 to 546 and 46 ended unchanged; on the Bombay Stock Exchange, 2125 rose and 1055 declined, while 154 ended unchanged.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.19% to 12.0675 a new 52-week low.
Gold Futures for August delivery was up 0.48% or 8.60 to $1791.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.29% or 0.22 to hit $75.38 a barrel, while the September Brent oil contract rose 0.28% or 0.21 to trade at $76.38 a barrel.
USD/INR was down 0.29% to 74.296, while EUR/INR fell 0.14% to 88.2445.
The US Dollar Index Futures was down 0.28% at 92.157.
India stocks higher at close of trade; Nifty 50 up 0.71%
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