India stocks higher at close of trade; Nifty 50 up 0.50% By

India stocks lower at close of trade; Nifty 50 down 0.94%

India stocks higher at close of trade; Nifty 50 up 0.50% – 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 0.50%, while the index climbed 0.42%.

The best performers of the session on the were Indiabulls Housing Finance Ltd (NS:), which rose 5.41% or 39.70 points to trade at 775.70 at the close. Meanwhile, Lupin Ltd (NS:) added 3.75% or 30.85 points to end at 847.30 and Bajaj Finserv Ltd (NS:) was up 3.18% or 190.45 points to 6159.40 in late trade.

The worst performers of the session were Yes Bank Ltd (NS:), which fell 6.32% or 11.80 points to trade at 174.70 at the close. Sun Pharmaceutical Industries Ltd. (NS:) declined 2.19% or 9.45 points to end at 422.10 and UPL Ltd (NS:) was down 2.16% or 17.05 points to 773.45.

The top performers on the BSE Sensex 30 were Wipro Ltd (BO:) which rose 2.64% to 338.75, Infosys Ltd (BO:) which was up 2.62% to settle at 696.50 and Kotak Mahindra Bank Ltd. (BO:) which gained 2.56% to close at 1268.00.

The worst performers were Yes Bank Ltd (BO:) which was down 6.48% to 174.70 in late trade, Sun Pharmaceutical Industries Ltd. (BO:) which lost 2.12% to settle at 422.15 and Tata Consultancy Services Ltd. (BO:) which was down 1.74% to 1983.65 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 964 to 607 and 68 ended unchanged; on the Bombay Stock Exchange, 1428 rose and 1041 declined, while 125 ended unchanged.

Shares in Wipro Ltd (BO:) rose to 5-year highs; gaining 2.64% or 8.70 to 338.75.

The , which measures the implied volatility of Nifty 50 options, was down 1.64% to 15.5500 a new 1-month low.

Gold Futures for February delivery was down 0.16% or 2.05 to $1247.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.43% or 0.22 to hit $50.93 a barrel, while the February Brent oil contract fell 0.43% or 0.26 to trade at $59.89 a barrel.

USD/INR was down 0.31% to 71.635, while EUR/INR fell 0.24% to 81.4825.

The US Dollar Index Futures was down 0.03% at 96.993.

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