India stocks higher at close of trade; Nifty 50 up 1.02%

This post was originally published on this site

At the close in NSE, the Nifty 50 rose 1.02% to hit a new 1-month high, while the BSE Sensex 30 index added 1.14%.

The best performers of the session on the Nifty 50 were NTPC Ltd (NS:NTPC), which rose 5.48% or 6.90 points to trade at 132.90 at the close. Meanwhile, Oil And Natural Gas Corporation Ltd (NS:ONGC) added 3.32% or 4.75 points to end at 147.80 and State Bank Of India (NS:SBI) was up 2.70% or 12.70 points to 483.50 in late trade.

The worst performers of the session were Tata Motors Ltd (NS:TAMO), which fell 1.61% or 8.00 points to trade at 489.60 at the close. Coal India Ltd (NS:COAL) declined 1.48% or 2.30 points to end at 153.00 and Sun Pharmaceutical Industries Ltd. (NS:SUN) was down 1.33% or 11.25 points to 837.70.

The top performers on the BSE Sensex 30 were NTPC Ltd (BO:NTPC) which rose 5.48% to 132.90, Power Grid Corporation of India Ltd (BO:PGRD) which was up 2.73% to settle at 210.50 and State Bank Of India (BO:SBI) which gained 2.69% to close at 483.50.

The worst performers were Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 1.21% to 837.95 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 0.90% to settle at 904.20 and UltraTech Cement Ltd (BO:ULTC) which was down 0.85% to 7655.80 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 919 to 879 and 22 ended unchanged; on the Bombay Stock Exchange, 1808 rose and 1464 declined, while 102 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.02% to 16.1200.

Gold Futures for February delivery was up 0.36% or 6.50 to $1806.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.80% or 0.61 to hit $76.69 a barrel, while the March Brent oil contract rose 0.75% or 0.59 to trade at $79.57 a barrel.

USD/INR was up 0.29% to 74.588, while EUR/INR rose 0.38% to 84.3140.

The US Dollar Index Futures was up 0.00% at 96.215.