India shares higher at close of trade; Nifty 50 up 1.63%

Investing.com – India equities were higher at the close on Thursday, as gains in the , and sectors propelled shares higher.

At the close in NSE, the rose 1.63%, while the index gained 1.74%.

The biggest gainers of the session on the were HCL Technologies Ltd (NS:), which rose 6.67% or 68.25 points to trade at 1088.25 at the close. Tata Motors Ltd (NS:) added 5.62% or 6.60 points to end at 124.05 and JSW Steel Ltd (NS:) was up 4.99% or 10.60 points to 221.70 in late trade.

Biggest losers included Tata Steel Ltd (NS:), which lost 4.03% or 15.40 points to trade at 367.40 in late trade. Cipla Ltd. (NS:) declined 2.78% or 14.40 points to end at 503.05 and UltraTech Cement Ltd (NS:) shed 2.28% or 99.05 points to 4233.15.

The top performers on the BSE Sensex 30 were Tata Motors Ltd DVR (BO:) which rose 6.55% to 58.60, HCL Technologies Ltd (BO:) which was up 6.43% to settle at 1088.00 and Tata Motors Ltd (BO:) which gained 5.58% to close at 123.95.

The worst performers were Tata Steel Ltd (BO:) which was down 3.77% to 367.40 in late trade, IndusInd Bank Ltd. (BO:) which lost 0.81% to settle at 1415.05 and AXIS Bank Ltd. (BO:) which was down 0.01% to 660.00 at the close.

Advancing stocks outnumbered falling ones by 931 to 618 and 79 ended unchanged; on the Bombay Stock Exchange, 1330 rose and 987 declined, while 142 ended unchanged on the India National Stock Exchange.

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The , which measures the implied volatility of Nifty 50 options, was down 3.87% to 16.0925.

In commodities trading, Gold Futures for December delivery was down 0.73% or 11.15 to $1508.45 a troy ounce. Meanwhile, Crude oil for delivery in September rose 1.72% or 0.88 to hit $51.97 a barrel, while the October Brent oil contract rose 1.03% or 0.58 to trade at $56.81 a barrel.

USD/INR was down 0.67% to 70.650, while EUR/INR fell 0.61% to 79.1565.

The US Dollar Index Futures was up 0.04% at 97.382.

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