India shares higher at close of trade; Nifty 50 up 0.56%

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 0.56%, while the index climbed 0.62%.

The biggest gainers of the session on the were Bajaj Auto Ltd (NS:), which rose 2.15% or 105.95 points to trade at 5,024.55 at the close. Larsen & Toubro Ltd (NS:) added 2.06% or 62.25 points to end at 3,090.00 and Mahindra & Mahindra Ltd. (NS:) was up 1.76% or 26.75 points to 1,548.85 in late trade.

Biggest losers included Power Grid Corporation of India Ltd (NS:), which lost 1.21% or 2.40 points to trade at 196.60 in late trade. Cipla Ltd. (NS:) declined 0.52% or 6.05 points to end at 1,161.00 and Hindalco Industries Ltd. (NS:) shed 0.51% or 2.40 points to 471.00.

The top performers on the BSE Sensex 30 were Larsen & Toubro Ltd (BO:) which rose 2.35% to 3,097.35, Titan Company Ltd (BO:) which was up 1.54% to settle at 3,215.40 and Tata Consultancy Services Ltd. (BO:) which gained 1.48% to close at 3,589.10.

The worst performers were Power Grid Corporation of India Ltd (BO:) which was down 1.26% to 196.50 in late trade, NTPC Ltd (BO:) which lost 0.47% to settle at 233.90 and Nestle India Ltd (BO:) which was down 0.46% to 22,883.05 at the close.

Advancing stocks outnumbered falling ones by 1281 to 737 and 79 ended unchanged; on the Bombay Stock Exchange, 2175 rose and 1352 declined, while 122 ended unchanged on the India National Stock Exchange.

The , which measures the implied volatility of Nifty 50 options, was down 6.13% to 10.94.

In commodities trading, Gold Futures for December delivery was up 0.12% or 2.15 to $1,836.95 a troy ounce. Meanwhile, Crude oil for delivery in November fell 1.54% or 1.30 to hit $82.92 a barrel, while the December Brent oil contract fell 1.40% or 1.20 to trade at $84.61 a barrel.

USD/INR was down 0.23% to 83.26, while EUR/INR rose 0.12% to 87.59.

The US Dollar Index Futures was down 0.11% at 106.41.