India stocks higher at close of trade; Nifty 50 up 1.14%

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At the close in NSE, the Nifty 50 rose 1.14%, while the BSE Sensex 30 index climbed 1.14%.

The best performers of the session on the Nifty 50 were Coal India Ltd (NS:COAL), which rose 5.41% or 8.65 points to trade at 168.60 at the close. Meanwhile, Maruti Suzuki India Ltd. (NS:MRTI) added 4.07% or 350.00 points to end at 8949.45 and Hindalco Industries Ltd. (NS:HALC) was up 2.94% or 15.50 points to 542.30 in late trade.

The worst performers of the session were Oil And Natural Gas Corporation Ltd (NS:ONGC), which fell 1.50% or 2.50 points to trade at 164.45 at the close. Sun Pharmaceutical Industries Ltd. (NS:SUN) declined 0.86% or 7.65 points to end at 886.45 and SBI Life Insurance Company Ltd (NS:SBIL) was down 0.48% or 5.45 points to 1125.70.

The top performers on the BSE Sensex 30 were Maruti Suzuki India Ltd. (BO:MRTI) which rose 4.14% to 8951.55, IndusInd Bank Ltd. (BO:INBK) which was up 3.02% to settle at 965.55 and HDFC Bank Ltd (BO:HDBK) which gained 2.50% to close at 1497.70.

The worst performers were Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 0.72% to 887.40 in late trade, ITC Ltd (BO:ITC) which lost 0.50% to settle at 230.05 and Power Grid Corporation of India Ltd (BO:PGRD) which was down 0.38% to 209.30 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 946 to 850 and 38 ended unchanged; on the Bombay Stock Exchange, 1670 rose and 1566 declined, while 105 ended unchanged.

Shares in Maruti Suzuki India Ltd. (NS:MRTI) rose to 3-years highs; up 4.07% or 350.00 to 8949.45. Shares in Maruti Suzuki India Ltd. (BO:MRTI) rose to 3-years highs; gaining 4.14% or 355.55 to 8951.55.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 5.74% to 18.5550.

Gold Futures for April delivery was down 0.00% or 0.05 to $1827.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.43% or 0.38 to hit $88.98 a barrel, while the April Brent oil contract fell 0.34% or 0.31 to trade at $90.47 a barrel.

USD/INR was up 0.07% to 74.771, while EUR/INR rose 0.30% to 85.5070.

The US Dollar Index Futures was down 0.22% at 95.433.