Investing.com – India stocks were higher after the close on Thursday, as gains in the Oil & Gas, Public Sector Undertakings and Consumer Durables sectors led shares higher.
At the close in NSE, the Nifty 50 rose 0.22% to hit a new 1-month high, while the BSE Sensex 30 index climbed 0.19%.
The best performers of the session on the Nifty 50 were GAIL Ltd (NS:GAIL), which rose 5.79% or 25.45 points to trade at 464.95 at the close. Meanwhile, Idea Cellular Ltd (NS:IDEA) added 2.89% or 1.95 points to end at 69.40 and Bharat Petroleum Corp. Ltd. (NS:BPCL) was up 2.83% or 18.55 points to 674.00 in late trade.
The worst performers of the session were AXIS Bank Ltd. (NS:AXBK), which fell 1.60% or 7.80 points to trade at 480.70 at the close. Aurobindo Pharma Ltd. (NS:ARBN) declined 1.50% or 10.90 points to end at 714.00 and Lupin Ltd (NS:LUPN) was down 1.45% or 21.75 points to 1475.15.
The top performers on the BSE Sensex 30 were Gail (India) Ltd. (BO:GAIL) which rose 5.31% to 462.70, POWER GRID CORPORATION OF INDIA (BO:PGRD) which was up 1.79% to settle at 202.00 and Oil And Natural Gas Corporation Ltd (BO:ONGC) which gained 1.62% to close at 201.05.
The worst performers were Lupin Ltd (BO:LUPN) which was down 1.28% to 1478.60 in late trade, AXIS Bank Ltd. (BO:AXBK) which lost 0.95% to settle at 483.70 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 0.87% to 644.20 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 762 to 724 and 74 ended unchanged; on the Bombay Stock Exchange, 1416 rose and 1259 declined, while 188 ended unchanged.
Shares in GAIL Ltd (NS:GAIL) rose to 52-week highs; gaining 5.79% or 25.45 to 464.95. Shares in Gail (India) Ltd. (BO:GAIL) rose to 52-week highs; up 5.31% or 23.35 to 462.70. Shares in POWER GRID CORPORATION OF INDIA (BO:PGRD) rose to all time highs; up 1.79% or 3.55 to 202.00.
The India Vix, which measures the implied volatility of Nifty 50 options, was down 1.07% to 15.0200.
Gold for February delivery was down 0.81% or 9.85 to $1202.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.53% or 0.27 to hit $51.35 a barrel, while the March Brent oil contract rose 0.61% or 0.33 to trade at $54.25 a barrel.
USD/INR was down 0.22% to 68.165, while EUR/INR rose 0.22% to 72.6630.
The US Dollar Index was down 0.19% at 101.12.