India stocks higher at close of trade; Nifty 50 up 0.13%

Investing.com – India stocks were higher after the close on Thursday, as gains in the Auto, Oil&Gas and Consumer Durables sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.13%, while the BSE Sensex 30 index climbed 0.09%.

The best performers of the session on the Nifty 50 were Hero MotoCorp Ltd (NS:HROM), which rose 4.64% or 191.95 points to trade at 4,330.00 at the close. Meanwhile, Bajaj Auto Ltd (NS:BAJA) added 3.42% or 241.25 points to end at 7,295.00 and Reliance Industries Ltd (NS:RELI) was up 2.61% or 69.20 points to 2,719.30 in late trade.

The worst performers of the session were Dr. Reddy’s Laboratories Ltd (NS:REDY), which fell 1.54% or 89.20 points to trade at 5,698.00 at the close. Hindustan Unilever Ltd. (NS:HLL) declined 1.49% or 38.40 points to end at 2,539.00 and SBI Life Insurance Company Ltd (NS:SBIL) was down 1.40% or 20.30 points to 1,431.15.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 2.58% to 2,718.40, UltraTech Cement Ltd (BO:ULTC) which was up 1.54% to settle at 9,928.00 and Axis Bank Ltd. (BO:AXBK) which gained 1.38% to close at 1,122.65.

The worst performers were Infosys Ltd (BO:INFY) which was down 1.62% to 1,495.00 in late trade, Hindustan Unilever Ltd. (BO:HLL) which lost 1.56% to settle at 2,537.05 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 1.55% to 5,697.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1314 to 827 and 41 ended unchanged; on the Bombay Stock Exchange, 2252 rose and 1448 declined, while 102 ended unchanged.

Shares in Hero MotoCorp Ltd (NS:HROM) rose to all time highs; rising 4.64% or 191.95 to 4,330.00. Shares in Bajaj Auto Ltd (NS:BAJA) rose to all time highs; up 3.42% or 241.25 to 7,295.00. Shares in Reliance Industries Ltd (NS:RELI) rose to all time highs; rising 2.61% or 69.20 to 2,719.30. Shares in Reliance Industries Ltd (BO:RELI) rose to all time highs; rising 2.58% or 68.45 to 2,718.40.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.56% to 12.77.

Gold Futures for February delivery was up 0.42% or 8.55 to $2,036.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.78% or 1.27 to hit $72.64 a barrel, while the March Brent oil contract rose 1.69% or 1.30 to trade at $78.10 a barrel.

USD/INR was up 0.02% to 83.04, while EUR/INR fell 0.01% to 91.08.

The US Dollar Index Futures was up 0.02% at 102.11.