(C) Reuters. India stocks higher at close of trade; Nifty 50 up 3.89%
The best performers of the session on the Nifty 50 were IndusInd Bank Ltd. (NS:INBK), which rose 46.03% or 138.70 points to trade at 440.00 at the close. Meanwhile, Larsen & Toubro Ltd (NS:LART) added 10.00% or 76.55 points to end at 842.30 and Bajaj Finance Ltd (NS:BJFN) was up 9.27% or 239.65 points to 2825.25 in late trade.
The worst performers of the session were Yes Bank Ltd (NS:YESB), which fell 14.86% or 4.40 points to trade at 25.20 at the close. GAIL Ltd (NS:GAIL) declined 3.31% or 2.50 points to end at 73.05 and HCL Technologies Ltd (NS:HCLT) was down 2.60% or 11.90 points to 445.70.
The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 45.07% to 436.95, Bharti Airtel Ltd (BO:BRTI) which was up 11.23% to settle at 478.00 and Larsen & Toubro Ltd (BO:LART) which gained 9.57% to close at 839.90.
The worst performers were Maruti Suzuki India Ltd. (BO:MRTI) which was down 3.05% to 4880.50 in late trade, Tech Mahindra Ltd (BO:TEML) which lost 2.60% to settle at 515.75 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 2.45% to 338.55 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 1116 to 396 and 94 ended unchanged; on the Bombay Stock Exchange, 1442 rose and 733 declined, while 159 ended unchanged.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 7.85% to 71.5325.
Gold Futures for April delivery was down 0.01% or 0.15 to $1633.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 2.86% or 0.70 to hit $23.79 a barrel, while the May Brent oil contract fell 1.79% or 0.49 to trade at $26.90 a barrel.
USD/INR was down 1.55% to 75.174, while EUR/INR fell 0.91% to 82.3225.
The US Dollar Index Futures was down 0.71% at 100.275.
India stocks higher at close of trade; Nifty 50 up 3.89%
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