India stocks higher at close of trade; Nifty 50 up 0.94%

Investing.com – India stocks were higher after the close on Thursday, as gains in the Technology , Banking and Consumer Durables sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.94% to hit a new 1-month high, while the BSE Sensex 30 index added 1.00%.

The best performers of the session on the Nifty 50 were Tata Consultancy Services Ltd. (NS:TCS ), which rose 2.52% or 109.65 points to trade at 4,464.05 at the close. Meanwhile, Infosys Ltd (NS:INFY ) added 2.41% or 45.60 points to end at 1,934.85 and Titan Company Ltd (NS:TITN ) was up 2.28% or 76.60 points to 3,441.05 in late trade.

The worst performers of the session were SBI Life Insurance Company Ltd (NS:SBIL ), which fell 1.43% or 20.75 points to trade at 1,431.85 at the close. Bajaj Auto Ltd (NS:BAJA ) declined 1.19% or 107.20 points to end at 8,891.95 and HDFC Life Insurance Company Ltd (NS:HDFL ) was down 1.09% or 7.10 points to 643.15.

The top performers on the BSE Sensex 30 were Tata Consultancy Services Ltd. (BO:TCS ) which rose 2.29% to 4,455.00, Titan Company Ltd (BO:TITN ) which was up 2.26% to settle at 3,438.55 and Infosys Ltd (BO:INFY ) which gained 2.20% to close at 1,931.90.

The worst performers were NTPC Ltd (BO:NTPC ) which was down 0.82% to 369.65 in late trade, Asian Paints Ltd. (BO:ASPN ) which lost 0.06% to settle at 2,458.10 and IndusInd Bank Ltd. (BO:INBK ) which was up 0.01% to 999.00 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1251 to 1198 and 176 ended unchanged; on the Bombay Stock Exchange, 2016 rose and 1769 declined, while 117 ended unchanged.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 0.78% to 14.34.

Gold Futures for February delivery was down 0.11% or 2.99 to $2,673.21 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.36% or 0.25 to hit $68.79 a barrel, while the February Brent oil contract rose 0.32% or 0.23 to trade at $72.54 a barrel.

USD/INR was down 0.02% to 84.69, while EUR/INR rose 0.16% to 89.19.

The US Dollar Index Futures was down 0.11% at 106.17.

Source: Investing.com