India stocks higher at close of trade; Nifty 50 up 1.53%

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At the close in NSE, the Nifty 50 rose 1.53%, while the BSE Sensex 30 index added 1.50%.

The best performers of the session on the Nifty 50 were Hindustan Unilever Ltd. (NS:HLL), which rose 5.21% or 104.05 points to trade at 2,101.95 at the close. Meanwhile, Tata Steel Ltd (NS:TISC) added 4.25% or 53.35 points to end at 1,308.70 and Grasim Industries Ltd (NS:GRAS) was up 4.12% or 61.55 points to 1,554.90 in late trade.

The worst performers of the session were Coal India Ltd (NS:COAL), which fell 4.13% or 7.70 points to trade at 178.95 at the close. Tech Mahindra Ltd (NS:TEML) declined 1.29% or 19.40 points to end at 1,485.35 and Dr. Reddy’s Laboratories Ltd (NS:REDY) was down 0.97% or 37.95 points to 3,892.50.

The top performers on the BSE Sensex 30 were Hindustan Unilever Ltd. (BO:HLL) which rose 5.17% to 2,101.00, Tata Steel Ltd (BO:TISC) which was up 4.27% to settle at 1,308.40 and State Bank Of India (BO:SBI) which gained 3.70% to close at 468.60.

The worst performers were Tech Mahindra Ltd (BO:TEML) which was down 1.28% to 1,485.00 in late trade, Dr. Reddy’s Laboratories Ltd (BO:REDY) which lost 0.78% to settle at 3,894.15 and Tata Consultancy Services Ltd. (BO:TCS) which was down 0.36% to 3,620.10 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1317 to 499 and 24 ended unchanged; on the Bombay Stock Exchange, 2344 rose and 915 declined, while 97 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 6.86% to 25.58.

Gold Futures for April delivery was up 0.69% or 13.70 to $2,001.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 4.13% or 4.49 to hit $113.19 a barrel, while the May Brent oil contract rose 4.82% or 5.36 to trade at $116.50 a barrel.

USD/INR was up 0.37% to 76.46, while EUR/INR fell 0.24% to 84.36.

The US Dollar Index Futures was up 0.31% at 98.26.