India shares higher at close of trade; Nifty 50 up 1.49%

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India shares higher at close of trade; Nifty 50 up 1.49%
Credit: © Reuters. – India equities were higher at the close on Thursday, as gains in the Auto , IT and Banking sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 1.49%, while the BSE Sensex 30 index added 1.53%.

The biggest gainers of the session on the Nifty 50 were Eicher Motors Ltd. (NS: EICH ), which rose 4.52% or 114.70 points to trade at 2,651.50 at the close. Coal India Ltd (NS: COAL ) added 3.92% or 7.80 points to end at 206.90 and Mahindra & Mahindra Ltd. (NS: MAHM ) was up 3.15% or 27.75 points to 909.00 in late trade.

Biggest losers included Cipla Ltd. (NS: CIPL ), which lost 1.33% or 13.50 points to trade at 998.55 in late trade. Tata Steel Ltd (NS: TISC ) declined 0.92% or 12.10 points to end at 1,302.15 and Oil And Natural Gas Corporation Ltd (NS: ONGC ) shed 0.77% or 1.35 points to 174.15.

The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO: MAHM ) which rose 3.50% to 911.35, Maruti Suzuki India Ltd. (BO: MRTI ) which was up 2.70% to settle at 7,875.85 and Bajaj Finserv Ltd (BO: BJFS ) which gained 2.46% to close at 15,890.00.

The worst performers were Tata Steel Ltd (BO: TISC ) which was down 0.88% to 1,302.20 in late trade, Bharti Airtel Ltd (BO: BRTI ) which lost 0.63% to settle at 734.75 and Nestle India Ltd (BO: NEST ) which was down 0.60% to 18,203.90 at the close.

Advancing stocks outnumbered falling ones by 1326 to 488 and 49 ended unchanged; on the Bombay Stock Exchange, 2219 rose and 1084 declined, while 99 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 4.39% to 17.85.

In commodities trading, Gold Futures for June delivery was down 0.50% or 9.80 to $1,945.80 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.90% or 0.92 to hit $103.11 a barrel, while the June Brent oil contract rose 1.26% or 1.35 to trade at $108.15 a barrel.

USD/INR was down 0.19% to 76.13, while EUR/INR rose 0.35% to 83.02.

The US Dollar Index Futures was down 0.41% at 100.00.

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