Investing.com – India stocks were higher after the close on Thursday, as gains in the Power, Capital Goods and IT sectors led shares higher.
At the close in NSE, the Nifty 50 rose 0.50% to hit a new all time high, while the BSE Sensex 30 index gained 0.58%.
The best performers of the session on the Nifty 50 were Power Grid Corporation of India Ltd (NS:PGRD), which rose 6.04% or 10.65 points to trade at 187.00 at the close. Meanwhile, Tech Mahindra Ltd (NS:TEML) added 4.76% or 62.95 points to end at 1386.55 and Tata Motors Ltd (NS:TAMO) was up 3.57% or 10.55 points to 306.00 in late trade.
The worst performers of the session were Eicher Motors Ltd. (NS:EICH), which fell 3.74% or 101.70 points to trade at 2616.55 at the close. Dr. Reddy’s Laboratories Ltd (NS:REDY) declined 0.78% or 36.85 points to end at 4708.00 and Indian Oil Corporation Ltd (NS:IOC) was down 0.53% or 0.55 points to 104.10.
The top performers on the BSE Sensex 30 were Power Grid Corporation of India Ltd (BO:PGRD) which rose 6.22% to 187.05, Tech Mahindra Ltd (BO:TEML) which was up 4.82% to settle at 1387.05 and HCL Technologies Ltd (BO:HCLT) which gained 2.82% to close at 1097.05.
The worst performers were Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 0.67% to 4712.45 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 0.56% to settle at 1035.30 and AXIS Bank Ltd. (BO:AXBK) which was down 0.49% to 757.15 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 1398 to 296 and 35 ended unchanged; on the Bombay Stock Exchange, 2264 rose and 788 declined, while 109 ended unchanged.
Shares in Tech Mahindra Ltd (NS:TEML) rose to 5-year highs; rising 4.76% or 62.95 to 1386.55. Shares in Tech Mahindra Ltd (BO:TEML) rose to 5-year highs; rising 4.82% or 63.75 to 1387.05. Shares in HCL Technologies Ltd (BO:HCLT) rose to all time highs; rising 2.82% or 30.10 to 1097.05.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.67% to 12.3725.
Gold Futures for December delivery was up 0.00% or 0.05 to $1753.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.12% or 0.08 to hit $69.17 a barrel, while the October Brent oil contract fell 0.03% or 0.02 to trade at $71.42 a barrel.
USD/INR was down 0.01% to 74.242, while EUR/INR rose 0.01% to 87.1565.
The US Dollar Index Futures was up 0.00% at 92.922.