India stocks higher at close of trade; Nifty 50 up 0.85%

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At the close in NSE, the Nifty 50 added 0.85%, while the BSE Sensex 30 index climbed 0.82%.

The best performers of the session on the Nifty 50 were Coal India Ltd (NS:COAL), which rose 3.12% or 5.50 points to trade at 182.05 at the close. Meanwhile, Oil And Natural Gas Corporation Ltd (NS:ONGC) added 3.02% or 4.15 points to end at 141.50 and Larsen & Toubro Ltd (NS:LART) was up 2.74% or 40.95 points to 1,535.80 in late trade.

The worst performers of the session were Apollo Hospitals Enterprises Ltd. (NS:APLH), which fell 1.14% or 43.90 points to trade at 3,794.50 at the close. Eicher Motors Ltd. (NS:EICH) declined 1.03% or 29.60 points to end at 2,848.30 and HDFC Life Insurance Company Ltd (NS:HDFL) was down 0.45% or 2.55 points to 558.90.

The top performers on the BSE Sensex 30 were Larsen & Toubro Ltd (BO:LART) which rose 2.69% to 1,535.60, Tech Mahindra Ltd (BO:TEML) which was up 2.67% to settle at 1,007.15 and HCL Technologies Ltd (BO:HCLT) which gained 2.61% to close at 991.80.

The worst performers were Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 0.41% to 1,690.80 in late trade, Reliance Industries Ltd (BO:RELI) which lost 0.35% to settle at 2,491.95 and Titan Company Ltd (BO:TITN) which was down 0.07% to 2,044.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1392 to 450 and 54 ended unchanged; on the Bombay Stock Exchange, 2292 rose and 1015 declined, while 150 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.21% to 21.00.

Gold Futures for August delivery was up 0.58% or 10.65 to $1,840.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.27% or 0.29 to hit $107.91 a barrel, while the September Brent oil contract rose 0.48% or 0.52 to trade at $109.62 a barrel.

USD/INR was up 0.18% to 78.39, while EUR/INR rose 0.54% to 83.01.

The US Dollar Index Futures was down 0.26% at 103.69.