India stocks higher at close of trade; Nifty 50 up 0.27%

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At the close in NSE, the Nifty 50 rose 0.27%, while the BSE Sensex 30 index added 0.27%.

The best performers of the session on the Nifty 50 were ITC Ltd (NS:ITC), which rose 4.65% or 10.45 points to trade at 235.40 at the close. Meanwhile, Larsen & Toubro Ltd (NS:LART) added 3.00% or 54.75 points to end at 1879.80 and Asian Paints Ltd. (NS:ASPN) was up 2.26% or 70.20 points to 3178.70 in late trade.

The worst performers of the session were HDFC Bank Ltd (NS:HDBK), which fell 1.73% or 26.95 points to trade at 1526.85 at the close. Titan Company Ltd (NS:TITN) declined 1.35% or 32.40 points to end at 2373.15 and Nestle India Ltd (NS:NEST) was down 1.00% or 194.35 points to 19284.75.

The top performers on the BSE Sensex 30 were ITC Ltd (BO:ITC) which rose 4.60% to 235.30, Larsen & Toubro Ltd (BO:LART) which was up 3.06% to settle at 1879.70 and Asian Paints Ltd. (BO:ASPN) which gained 2.23% to close at 3178.60.

The worst performers were HDFC Bank Ltd (BO:HDBK) which was down 1.67% to 1527.50 in late trade, Titan Company Ltd (BO:TITN) which lost 1.32% to settle at 2373.45 and Nestle India Ltd (BO:NEST) which was down 0.99% to 19283.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1128 to 637 and 42 ended unchanged; on the Bombay Stock Exchange, 2050 rose and 1133 declined, while 119 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.84% to 16.6025.

Gold Futures for February delivery was down 0.05% or 0.95 to $1784.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.23% or 0.17 to hit $72.19 a barrel, while the February Brent oil contract fell 0.40% or 0.30 to trade at $75.52 a barrel.

USD/INR was up 0.29% to 75.576, while EUR/INR rose 0.03% to 85.4955.

The US Dollar Index Futures was up 0.26% at 96.127.