India stocks higher at close of trade; Nifty 50 up 0.82%

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At the close in NSE, the Nifty 50 added 0.82% to hit a new 6-months high, while the BSE Sensex 30 index gained 0.76%.

The best performers of the session on the Nifty 50 were Wipro Ltd (NS:WIPR), which rose 7.34% or 24.60 points to trade at 359.90 at the close. Meanwhile, Cipla Ltd. (NS:CIPL) added 4.98% or 38.50 points to end at 812.10 and Tata Consultancy Services Ltd. (NS:TCS) was up 3.02% or 82.50 points to 2818.45 in late trade.

The worst performers of the session were GAIL Ltd (NS:GAIL), which fell 3.11% or 2.70 points to trade at 84.00 at the close. Oil And Natural Gas Corporation Ltd (NS:ONGC) declined 2.77% or 1.95 points to end at 68.55 and ITC Ltd (NS:ITC) was down 1.42% or 2.40 points to 167.10.

The top performers on the BSE Sensex 30 were UltraTech Cement Ltd (BO:ULTC) which rose 3.24% to 4346.95, Tata Consultancy Services Ltd. (BO:TCS) which was up 3.19% to settle at 2824.80 and HCL Technologies Ltd (BO:HCLT) which gained 2.65% to close at 849.70.

The worst performers were Oil And Natural Gas Corporation Ltd (BO:ONGC) which was down 2.84% to 68.50 in late trade, ITC Ltd (BO:ITC) which lost 1.42% to settle at 167.10 and Larsen & Toubro Ltd (BO:LART) which was down 0.82% to 880.45 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 918 to 695 and 85 ended unchanged; on the Bombay Stock Exchange, 1405 fell and 1192 advanced, while 152 ended unchanged.

Shares in Wipro Ltd (NS:WIPR) rose to 5-year highs; gaining 7.34% or 24.60 to 359.90. Shares in Cipla Ltd. (NS:CIPL) rose to all time highs; up 4.98% or 38.50 to 812.10. Shares in Tata Consultancy Services Ltd. (NS:TCS) rose to all time highs; up 3.02% or 82.50 to 2818.45. Shares in Tata Consultancy Services Ltd. (BO:TCS) rose to all time highs; up 3.19% or 87.40 to 2824.80. Shares in HCL Technologies Ltd (BO:HCLT) rose to 52-week highs; gaining 2.65% or 21.95 to 849.70.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.60% to 20.3800.

Gold Futures for December delivery was up 0.38% or 7.20 to $1898.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.33% or 0.53 to hit $40.48 a barrel, while the December Brent oil contract rose 1.55% or 0.65 to trade at $42.64 a barrel.

USD/INR was down 0.14% to 73.229, while EUR/INR fell 0.10% to 86.1540.

The US Dollar Index Futures was down 0.04% at 93.645.

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