India stocks higher at close of trade; Nifty 50 up 0.74%

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 0.74% to hit a new all time high, while the index climbed 0.71%.

The best performers of the session on the were ITC Ltd (NS:), which rose 2.78% or 13.30 points to trade at 492.15 at the close. Meanwhile, Kotak Mahindra Bank Ltd. (NS:) added 2.64% or 50.30 points to end at 1,956.90 and ICICI Bank Ltd (NS:) was up 2.28% or 22.15 points to 995.60 in late trade.

The worst performers of the session were Infosys Ltd (NS:), which fell 1.73% or 25.45 points to trade at 1,449.50 at the close. UltraTech Cement Ltd (NS:) declined 1.26% or 105.05 points to end at 8,224.15 and HCL Technologies Ltd (NS:) was down 1.12% or 13.10 points to 1,155.95.

The top performers on the BSE Sensex 30 were ITC Ltd (BO:) which rose 2.78% to 492.15, Kotak Mahindra Bank Ltd. (BO:) which was up 2.68% to settle at 1,957.40 and Dr. Reddy’s Laboratories Ltd (BO:) which gained 2.28% to close at 5,340.70.

The worst performers were Infosys Ltd (BO:) which was down 1.73% to 1,448.85 in late trade, UltraTech Cement Ltd (BO:) which lost 1.21% to settle at 8,229.75 and HCL Technologies Ltd (BO:) which was down 1.09% to 1,155.75 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 964 to 947 and 78 ended unchanged; on the Bombay Stock Exchange, 1658 rose and 1601 declined, while 125 ended unchanged.

Shares in ITC Ltd (NS:) rose to all time highs; up 2.78% or 13.30 to 492.15. Shares in ICICI Bank Ltd (NS:) rose to all time highs; up 2.28% or 22.15 to 995.60. Shares in ITC Ltd (BO:) rose to all time highs; rising 2.78% or 13.30 to 492.15. Shares in Dr. Reddy’s Laboratories Ltd (BO:) rose to 52-week highs; gaining 2.28% or 119.10 to 5,340.70.

The , which measures the implied volatility of Nifty 50 options, was up 1.59% to 11.78.

Gold Futures for August delivery was up 0.19% or 3.80 to $1,984.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.36% or 0.27 to hit $75.56 a barrel, while the September Brent oil contract rose 0.34% or 0.27 to trade at $79.73 a barrel.

USD/INR was down 0.16% to 81.95, while EUR/INR fell 0.02% to 91.90.

The US Dollar Index Futures was down 0.08% at 99.91.