India stocks higher at close of trade; Nifty 50 up 0.69%

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At the close in NSE, the Nifty 50 rose 0.69%, while the BSE Sensex 30 index climbed 0.65%.

The best performers of the session on the Nifty 50 were Tata Consumer Products Ltd (NS:TACN), which rose 3.23% or 24.70 points to trade at 790.55 at the close. Meanwhile, Titan Company Ltd (NS:TITN) added 2.93% or 62.25 points to end at 2,189.70 and Tata Motors Ltd (NS:TAMO) was up 2.84% or 12.15 points to 440.20 in late trade.

The worst performers of the session were Tata Steel Ltd (NS:TISC), which fell 2.67% or 24.20 points to trade at 883.80 at the close. Power Grid Corporation of India Ltd (NS:PGRD) declined 2.58% or 5.55 points to end at 209.30 and HCL Technologies Ltd (NS:HCLT) was down 2.20% or 19.85 points to 883.15.

The top performers on the BSE Sensex 30 were Hindustan Unilever Ltd. (BO:HLL) which rose 2.87% to 2,568.75, Titan Company Ltd (BO:TITN) which was up 2.84% to settle at 2,188.90 and Maruti Suzuki India Ltd. (BO:MRTI) which gained 2.55% to close at 8,780.75.

The worst performers were Tata Steel Ltd (BO:TISC) which was down 2.70% to 883.60 in late trade, Power Grid Corporation of India Ltd (BO:PGRD) which lost 2.54% to settle at 209.40 and HCL Technologies Ltd (BO:HCLT) which was down 2.28% to 883.10 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 933 to 864 and 73 ended unchanged; on the Bombay Stock Exchange, 1698 rose and 1471 declined, while 140 ended unchanged.

Shares in HCL Technologies Ltd (NS:HCLT) fell to 52-week lows; down 2.20% or 19.85 to 883.15. Shares in HCL Technologies Ltd (BO:HCLT) fell to 52-week lows; falling 2.28% or 20.60 to 883.10.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.05% to 17.60 a new 3-months low.

Gold Futures for August delivery was down 0.23% or 4.00 to $1,701.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 1.68% or 1.61 to hit $97.39 a barrel, while the September Brent oil contract rose 2.01% or 1.99 to trade at $101.09 a barrel.

USD/INR was down 0.01% to 79.87, while EUR/INR rose 0.28% to 80.24.

The US Dollar Index Futures was down 0.17% at 108.22.