India stocks higher at close of trade; Nifty 50 up 0.96%

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At the close in NSE, the Nifty 50 gained 0.96%, while the BSE Sensex 30 index climbed 0.99%.

The best performers of the session on the Nifty 50 were Sun Pharmaceutical Industries Ltd. (NS:SUN), which rose 3.04% or 26.35 points to trade at 894.00 at the close. Meanwhile, State Bank Of India (NS:SBI) added 2.72% or 14.00 points to end at 528.20 and Divi’s Laboratories Ltd. (NS:DIVI) was up 2.70% or 99.45 points to 3,786.45 in late trade.

The worst performers of the session were Bharti Airtel Ltd. (NS:BRTI), which fell 1.33% or 9.10 points to trade at 675.00 at the close. Bajaj Auto Ltd (NS:BAJA) declined 1.09% or 42.95 points to end at 3,882.65 and Hero MotoCorp Ltd (NS:HROM) was down 0.79% or 22.25 points to 2,778.50.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:SUN) which rose 3.39% to 895.50, State Bank Of India (BO:SBI) which was up 2.76% to settle at 528.35 and Larsen & Toubro Ltd (BO:LART) which gained 2.67% to close at 1,797.20.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 1.32% to 674.80 in late trade, Kotak Mahindra Bank Ltd. (BO:KTKM) which lost 0.17% to settle at 1,754.60 and NTPC Ltd (BO:NTPC) which was down 0.10% to 149.75 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 988 to 837 and 54 ended unchanged; on the Bombay Stock Exchange, 1656 rose and 1538 declined, while 142 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.22% to 18.13.

Gold Futures for August delivery was up 0.19% or 3.25 to $1,720.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.89% or 0.85 to hit $95.83 a barrel, while the October Brent oil contract rose 0.79% or 0.79 to trade at $100.25 a barrel.

USD/INR was up 0.07% to 79.90, while EUR/INR rose 0.42% to 81.09.

The US Dollar Index Futures was down 0.22% at 106.81.