India stocks higher at close of trade; Nifty 50 up 0.01%

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At the close in NSE, the Nifty 50 added 0.01% to hit a new all time high, while the BSE Sensex 30 index gained 0.01%.

The best performers of the session on the Nifty 50 were Britannia Industries Ltd (NS:BRIT), which rose 2.29% or 88.10 points to trade at 3930.90 at the close. Meanwhile, Tata Consumer Products Ltd (NS:TACN) added 2.07% or 17.30 points to end at 853.30 and HDFC Life Insurance Company Ltd (NS:HDFL) was up 1.64% or 11.30 points to 698.85 in late trade.

The worst performers of the session were Bharti Airtel Ltd. (NS:BRTI), which fell 4.17% or 25.55 points to trade at 586.90 at the close. JSW Steel Ltd (NS:JSTL) declined 1.73% or 11.85 points to end at 672.00 and Maruti Suzuki India Ltd. (NS:MRTI) was down 1.53% or 102.85 points to 6608.60.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 1.29% to 2230.65, Mahindra & Mahindra Ltd. (BO:MAHM) which was up 1.18% to settle at 781.35 and HCL Technologies Ltd (BO:HCLT) which gained 1.13% to close at 1167.55.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 4.18% to 586.85 in late trade, Maruti Suzuki India Ltd. (BO:MRTI) which lost 1.59% to settle at 6609.05 and Power Grid Corporation of India Ltd (BO:PGRD) which was down 1.34% to 173.20 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 857 to 828 and 52 ended unchanged; on the Bombay Stock Exchange, 1634 rose and 1396 declined, while 121 ended unchanged.

Shares in Britannia Industries Ltd (NS:BRIT) rose to 52-week highs; gaining 2.29% or 88.10 to 3930.90. Shares in Tata Consumer Products Ltd (NS:TACN) rose to all time highs; up 2.07% or 17.30 to 853.30. Shares in HCL Technologies Ltd (BO:HCLT) rose to all time highs; up 1.13% or 13.00 to 1167.55.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.30% to 13.5375.

Gold Futures for December delivery was down 0.14% or 2.55 to $1788.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.85% or 0.58 to hit $67.78 a barrel, while the November Brent oil contract fell 0.72% or 0.51 to trade at $70.77 a barrel.

USD/INR was up 0.16% to 74.232, while EUR/INR rose 0.22% to 87.4190.

The US Dollar Index Futures was up 0.05% at 92.877.