India stocks higher at close of trade; Nifty 50 up 1.01%

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At the close in NSE, the Nifty 50 added 1.01%, while the BSE Sensex 30 index climbed 0.94%.

The best performers of the session on the Nifty 50 were State Bank Of India (NS:SBI), which rose 3.45% or 18.75 points to trade at 562.40 at the close. Meanwhile, Adani Ports and Special Economic Zone Ltd (NS:APSE) added 3.15% or 24.80 points to end at 811.00 and Eicher Motors Ltd. (NS:EICH) was up 3.05% or 107.30 points to 3,622.00 in late trade.

The worst performers of the session were NTPC Ltd (NS:NTPC), which fell 0.92% or 1.55 points to trade at 166.90 at the close. Housing Development Finance Corporation Ltd (NS:HDFC) declined 0.61% or 14.40 points to end at 2,334.85 and Britannia Industries Ltd (NS:BRIT) was down 0.53% or 20.00 points to 3,757.70.

The top performers on the BSE Sensex 30 were State Bank Of India (BO:SBI) which rose 3.41% to 562.45, ITC Ltd (BO:ITC) which was up 2.39% to settle at 340.25 and Nestle India Ltd (BO:NEST) which gained 2.38% to close at 19,385.00.

The worst performers were Housing Development Finance Corporation Ltd (BO:HDFC) which was down 0.72% to 2,331.65 in late trade, NTPC Ltd (BO:NTPC) which lost 0.68% to settle at 166.95 and Tech Mahindra Ltd (BO:TEML) which was down 0.24% to 1,020.50 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1164 to 648 and 63 ended unchanged; on the Bombay Stock Exchange, 1939 rose and 1334 declined, while 124 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 5.24% to 17.45 a new 1-month low.

Gold Futures for December delivery was down 0.38% or 6.40 to $1,657.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December unchanged 0.00% or 0.00 to hit $84.53 a barrel, while the December Brent oil contract rose 0.09% or 0.08 to trade at $91.70 a barrel.

USD/INR was up 0.19% to 82.33, while EUR/INR rose 0.06% to 80.89.

The US Dollar Index Futures was up 0.28% at 112.22.