(C) Reuters. India stocks higher at close of trade; Nifty 50 up 1.00%
The best performers of the session on the Nifty 50 were Adani Port and Special Economic Zone Ltd (NS:APSE), which rose 4.46% or 16.75 points to trade at 391.90 at the close. Meanwhile, AXIS Bank Ltd (NS:AXBK) added 3.93% or 23.40 points to end at 619.00 and HDFC Bank Ltd (NS:HDBK) was up 3.54% or 49.40 points to 1444.00 in late trade.
The worst performers of the session were Titan Company Ltd (NS:TITN), which fell 1.45% or 19.60 points to trade at 1328.00 at the close. Housing Development Finance Corporation Ltd (NS:HDFC) declined 1.37% or 30.80 points to end at 2220.00 and Bharat Petroleum Corp. Ltd. (NS:BPCL) was down 1.17% or 4.60 points to 389.85.
The top performers on the BSE Sensex 30 were AXIS Bank Ltd. (BO:AXBK) which rose 4.02% to 619.55, HDFC Bank Ltd (BO:HDBK) which was up 3.47% to settle at 1443.25 and Mahindra & Mahindra Ltd. (BO:MAHM) which gained 3.47% to close at 729.75.
The worst performers were Housing Development Finance Corporation Ltd (BO:HDFC) which was down 1.47% to 2217.65 in late trade, Titan Company Ltd (BO:TITN) which lost 1.36% to settle at 1327.95 and Nestle India Ltd (BO:NEST) which was down 0.71% to 17665.00 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 965 to 663 and 82 ended unchanged; on the Bombay Stock Exchange, 1581 rose and 1137 declined, while 176 ended unchanged.
Shares in HDFC Bank Ltd (NS:HDBK) rose to all time highs; gaining 3.54% or 49.40 to 1444.00. Shares in HDFC Bank Ltd (BO:HDBK) rose to 3-years highs; gaining 3.47% or 48.40 to 1443.25. Shares in Mahindra & Mahindra Ltd. (BO:MAHM) rose to 52-week highs; up 3.47% or 24.50 to 729.75.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.25% to 21.0575.
Gold Futures for December delivery was down 1.24% or 22.75 to $1815.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.93% or 0.40 to hit $43.46 a barrel, while the February Brent oil contract rose 0.74% or 0.34 to trade at $46.38 a barrel.
USD/INR was down 0.33% to 74.002, while EUR/INR rose 0.05% to 87.9525.
The US Dollar Index Futures was down 0.31% at 92.207.
India stocks higher at close of trade; Nifty 50 up 1.00%
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