India stocks higher at close of trade; Nifty 50 up 0.38%

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At the close in NSE, the Nifty 50 added 0.38%, while the BSE Sensex 30 index climbed 0.34%.

The best performers of the session on the Nifty 50 were Eicher Motors Ltd. (NS:EICH), which rose 7.62% or 185.30 points to trade at 2,617.95 at the close. Meanwhile, Apollo Hospitals Enterprises Ltd. (NS:APLH) added 3.92% or 138.95 points to end at 3,686.75 and NTPC Ltd (NS:NTPC) was up 2.81% or 4.05 points to 148.20 in late trade.

The worst performers of the session were UltraTech Cement Ltd (NS:ULTC), which fell 2.97% or 183.75 points to trade at 6,012.80 at the close. Shree Cements Ltd. (NS:SHCM) declined 2.59% or 584.50 points to end at 21,980.85 and Asian Paints Ltd. (NS:ASPN) was down 2.09% or 64.10 points to 2,999.90.

The top performers on the BSE Sensex 30 were NTPC Ltd (BO:NTPC) which rose 3.05% to 148.45, Bajaj Finance Ltd (BO:BJFN) which was up 2.37% to settle at 5,646.05 and State Bank Of India (BO:SBI) which gained 2.27% to close at 455.15.

The worst performers were UltraTech Cement Ltd (BO:ULTC) which was down 3.01% to 6,013.05 in late trade, Asian Paints Ltd. (BO:ASPN) which lost 2.15% to settle at 2,999.45 and ITC Ltd (BO:ITC) which was down 1.78% to 254.05 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1257 to 589 and 27 ended unchanged; on the Bombay Stock Exchange, 2155 rose and 1130 declined, while 177 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 4.44% to 24.53 a new 1-month high.

Gold Futures for June delivery was down 0.36% or 6.50 to $1,801.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.58% or 0.63 to hit $108.00 a barrel, while the July Brent oil contract fell 0.70% or 0.78 to trade at $110.77 a barrel.

USD/INR was up 0.42% to 77.81, while EUR/INR rose 0.56% to 81.11.

The US Dollar Index Futures was down 0.12% at 104.50.