India stocks higher at close of trade; Nifty 50 up 0.46%

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At the close in NSE, the Nifty 50 gained 0.46%, while the BSE Sensex 30 index gained 0.45%.

The best performers of the session on the Nifty 50 were IndusInd Bank Ltd. (NS:INBK), which rose 2.63% or 29.95 points to trade at 1,168.95 at the close. Meanwhile, NTPC Ltd (NS:NTPC) added 1.82% or 3.00 points to end at 167.40 and JSW Steel Ltd (NS:JSTL) was up 1.74% or 12.15 points to 708.70 in late trade.

The worst performers of the session were Bharat Petroleum Corp. Ltd. (NS:BPCL), which fell 1.08% or 3.35 points to trade at 306.95 at the close. Nestle India Ltd (NS:NEST) declined 0.75% or 148.05 points to end at 19,613.65 and Power Grid Corporation of India Ltd (NS:PGRD) was down 0.57% or 1.25 points to 217.80.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 2.64% to 1,169.55, NTPC Ltd (BO:NTPC) which was up 1.55% to settle at 167.00 and Infosys Ltd (BO:INFY) which gained 1.31% to close at 1,587.75.

The worst performers were Nestle India Ltd (BO:NEST) which was down 0.74% to 19,611.95 in late trade, Bharti Airtel Ltd (BO:BRTI) which lost 0.53% to settle at 846.65 and Power Grid Corporation of India Ltd (BO:PGRD) which was down 0.43% to 218.00 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1010 to 858 and 73 ended unchanged; on the Bombay Stock Exchange, 1785 fell and 1524 advanced, while 162 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 6.45% to 13.84 a new 52-week low.

Gold Futures for December delivery was up 0.50% or 8.75 to $1,748.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.47% or 0.38 to hit $80.42 a barrel, while the January Brent oil contract rose 0.45% or 0.39 to trade at $87.84 a barrel.

USD/INR was down 0.08% to 81.64, while EUR/INR rose 0.30% to 83.92.

The US Dollar Index Futures was down 0.40% at 107.30.