India stocks higher at close of trade; Nifty 50 up 1.49% By Investing.com

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 gained 1.49%, while the index gained 1.53%.

The best performers of the session on the were Eicher Motors Ltd. (NS:), which rose 4.52% or 114.70 points to trade at 2,651.50 at the close. Meanwhile, Coal India Ltd (NS:) added 3.92% or 7.80 points to end at 206.90 and Mahindra & Mahindra Ltd. (NS:) was up 3.15% or 27.75 points to 909.00 in late trade.

The worst performers of the session were Cipla Ltd. (NS:), which fell 1.33% or 13.50 points to trade at 998.55 at the close. Tata Steel Ltd (NS:) declined 0.92% or 12.10 points to end at 1,302.15 and Oil And Natural Gas Corporation Ltd (NS:) was down 0.77% or 1.35 points to 174.15.

The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:) which rose 3.50% to 911.35, Maruti Suzuki India Ltd. (BO:) which was up 2.70% to settle at 7,875.85 and Bajaj Finserv Ltd (BO:) which gained 2.46% to close at 15,890.00.

The worst performers were Tata Steel Ltd (BO:) which was down 0.88% to 1,302.20 in late trade, Bharti Airtel Ltd (BO:) which lost 0.63% to settle at 734.75 and Nestle India Ltd (BO:) which was down 0.60% to 18,203.90 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1326 to 488 and 49 ended unchanged; on the Bombay Stock Exchange, 2219 rose and 1084 declined, while 99 ended unchanged.

Shares in Coal India Ltd (NS:) rose to 52-week highs; gaining 3.92% or 7.80 to 206.90.

The , which measures the implied volatility of Nifty 50 options, was down 4.39% to 17.85.

Gold Futures for June delivery was down 0.51% or 9.90 to $1,945.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.90% or 0.92 to hit $103.11 a barrel, while the June Brent oil contract rose 1.26% or 1.35 to trade at $108.15 a barrel.

USD/INR was down 0.19% to 76.13, while EUR/INR rose 0.35% to 83.02.

The US Dollar Index Futures was down 0.41% at 100.00.