India stocks higher at close of trade; Nifty 50 up 0.70% By

© Reuters India stocks higher at close of trade; Nifty 50 up 0.70% – India stocks were higher after the close on Thursday, as gains in the , and sectors led shares higher.

At the close in NSE, the gained 0.70%, while the index added 0.78%.

The best performers of the session on the were Reliance Industries Ltd (NS:), which rose 6.02% or 141.55 points to trade at 2492.95 at the close. Meanwhile, Divi’s Laboratories Ltd. (NS:) added 2.50% or 117.10 points to end at 4799.80 and ITC Ltd (NS:) was up 1.58% or 3.60 points to 231.30 in late trade.

The worst performers of the session were Indian Oil Corporation Ltd (NS:), which fell 1.53% or 1.95 points to trade at 125.65 at the close. Maruti Suzuki India Ltd. (NS:) declined 1.26% or 96.95 points to end at 7572.50 and Britannia Industries Ltd (NS:) was down 1.20% or 43.35 points to 3580.00.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:) which rose 6.10% to 2494.40, ITC Ltd (BO:) which was up 1.49% to settle at 231.30 and Infosys Ltd (BO:) which gained 1.47% to close at 1722.45.

The worst performers were IndusInd Bank Ltd. (BO:) which was down 1.27% to 959.10 in late trade, Maruti Suzuki India Ltd. (BO:) which lost 1.23% to settle at 7569.95 and ICICI Bank Ltd (BO:) which was down 1.22% to 750.90 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1126 to 636 and 38 ended unchanged; on the Bombay Stock Exchange, 2053 rose and 1140 declined, while 113 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 2.53% to 16.6625.

Gold Futures for December delivery was up 0.35% or 6.25 to $1790.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.61% or 0.48 to hit $77.91 a barrel, while the January Brent oil contract fell 0.46% or 0.38 to trade at $81.87 a barrel.

USD/INR was down 0.13% to 74.509, while EUR/INR rose 0.09% to 83.6000.

The US Dollar Index Futures was down 0.15% at 96.727.

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