India stocks higher at close of trade; Nifty 50 up 0.38%

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© Reuters. India stocks higher at close of trade; Nifty 50 up 0.38%© Reuters. India stocks higher at close of trade; Nifty 50 up 0.38% – 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 0.38% to hit a new 3-months high, while the index gained 0.45%.

The best performers of the session on the were Bharti Infratel Ltd (NS:), which rose 3.55% or 7.85 points to trade at 229.45 at the close. Meanwhile, Sun Pharmaceutical Industries Ltd. (NS:) added 3.41% or 14.60 points to end at 440.60 and IndusInd Bank Ltd. (NS:) was up 2.76% or 37.00 points to 1381.90 in late trade.

The worst performers of the session were UPL Ltd (NS:), which fell 7.84% or 47.55 points to trade at 577.70 at the close. GAIL Ltd (NS:) declined 3.55% or 4.85 points to end at 132.10 and Yes Bank Ltd (NS:) was down 3.57% or 2.45 points to 66.45.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:) which rose 3.02% to 440.45, IndusInd Bank Ltd. (BO:) which was up 2.88% to settle at 1380.90 and Reliance Industries Ltd (BO:) which gained 1.86% to close at 1458.80.

The worst performers were Yes Bank Ltd (BO:) which was down 3.27% to 66.50 in late trade, Hindustan Unilever Ltd. (BO:) which lost 1.93% to settle at 2137.80 and Tata Motors Ltd DVR (BO:) which was down 1.80% to 78.90 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 811 to 737 and 70 ended unchanged; on the Bombay Stock Exchange, 1274 rose and 1143 declined, while 173 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 3.60% to 15.2075 a new 1-month low.

Gold Futures for December delivery was down 0.54% or 8.05 to $1485.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.10% or 0.62 to hit $56.97 a barrel, while the January Brent oil contract rose 1.09% or 0.67 to trade at $62.41 a barrel.

USD/INR was down 0.04% to 70.972, while EUR/INR rose 0.14% to 78.6695.

The US Dollar Index Futures was down 0.07% at 97.700.

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