India stocks higher at close of trade; Nifty 50 up 0.46%

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 rose 0.46%, while the index added 0.47%.

The best performers of the session on the were Hero MotoCorp Ltd (NS:), which rose 3.22% or 102.20 points to trade at 3,280.05 at the close. Meanwhile, Tech Mahindra Ltd (NS:) added 2.85% or 33.45 points to end at 1,207.20 and Tata Consultancy Services Ltd. (NS:) was up 2.75% or 93.55 points to 3,497.85 in late trade.

The worst performers of the session were Axis Bank Ltd (NS:), which fell 1.44% or 15.00 points to trade at 1,026.35 at the close. Power Grid Corporation of India Ltd (NS:) declined 1.40% or 2.95 points to end at 207.20 and Coal India Ltd (NS:) was down 1.37% or 4.80 points to 345.80.

The top performers on the BSE Sensex 30 were Tata Consultancy Services Ltd. (BO:) which rose 2.90% to 3,498.00, HCL Technologies Ltd (BO:) which was up 2.81% to settle at 1,311.05 and Tech Mahindra Ltd (BO:) which gained 2.77% to close at 1,206.35.

The worst performers were Axis Bank Ltd. (BO:) which was down 1.51% to 1,025.60 in late trade, Power Grid Corporation of India Ltd (BO:) which lost 1.45% to settle at 207.20 and ITC Ltd (BO:) which was down 0.78% to 438.50 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1042 to 1030 and 67 ended unchanged; on the Bombay Stock Exchange, 1922 rose and 1699 declined, while 114 ended unchanged.

Shares in Hero MotoCorp Ltd (NS:) rose to 52-week highs; up 3.22% or 102.20 to 3,280.05. Shares in HCL Technologies Ltd (BO:) rose to 52-week highs; rising 2.81% or 35.85 to 1,311.05.

The , which measures the implied volatility of Nifty 50 options, was up 4.60% to 11.65.

Gold Futures for December delivery was up 0.21% or 4.20 to $1,968.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.35% or 0.27 to hit $76.39 a barrel, while the January Brent oil contract fell 0.30% or 0.24 to trade at $80.94 a barrel.

USD/INR was up 0.14% to 83.24, while EUR/INR rose 0.23% to 90.30.

The US Dollar Index Futures was up 0.02% at 104.29.