India stocks higher at close of trade; Nifty 50 up 0.73%

Home Investment India stocks higher at close of trade; Nifty 50 up 0.73%
India stocks higher at close of trade; Nifty 50 up 0.73%

© Reuters. India stocks higher at close of trade; Nifty 50 up 0.73%

Investing.com – India stocks were higher after the close on Thursday, as gains in the , and sectors led shares higher.

At the close in NSE, the added 0.73%, while the index added 0.69%.

The best performers of the session on the were Zee Entertainment Enterprises Ltd. (NS:), which rose 7.59% or 25.25 points to trade at 354.80 at the close. Meanwhile, JSW Steel Ltd (NS:) added 4.96% or 12.65 points to end at 267.30 and Hero MotoCorp Ltd (NS:) was up 4.59% or 110.05 points to 2507.80 in late trade.

The worst performers of the session were Tech Mahindra Ltd (NS:), which fell 1.41% or 9.50 points to trade at 665.70 at the close. Bajaj Auto Ltd (NS:) declined 1.22% or 33.40 points to end at 2711.70 and ICICI Bank Ltd (NS:) was down 1.17% or 5.05 points to 426.55.

The top performers on the BSE Sensex 30 were Hero MotoCorp Ltd (BO:) which rose 4.46% to 2507.25, Tata Motors Ltd DVR (BO:) which was up 3.76% to settle at 75.85 and Tata Motors Ltd (BO:) which gained 3.63% to close at 156.90.

The worst performers were Tech Mahindra Ltd (BO:) which was down 1.27% to 666.00 in late trade, Bajaj Auto Ltd (BO:) which lost 1.06% to settle at 2712.75 and ICICI Bank Ltd (BO:) which was down 0.99% to 426.70 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 808 to 761 and 71 ended unchanged; on the Bombay Stock Exchange, 1180 rose and 1156 declined, while 148 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 8.54% to 12.4700 a new 6-months low.

Gold Futures for August delivery was up 0.79% or 11.10 to $1423.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.58% or 0.35 to hit $60.78 a barrel, while the September Brent oil contract rose 0.54% or 0.36 to trade at $67.37 a barrel.

USD/INR was up 0.08% to 68.455, while EUR/INR rose 0.30% to 77.1730.

The US Dollar Index Futures was down 0.21% at 96.502.

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