At the close in NSE, the Nifty 50 gained 1.00% to hit a new all time high, while the BSE Sensex 30 index added 1.18%.
The best performers of the session on the Nifty 50 were AXIS Bank Ltd (NS:AXBK), which rose 6.21% or 46.60 points to trade at 797.00 at the close. Meanwhile, ICICI Bank Ltd (NS:ICBK) added 4.17% or 27.00 points to end at 674.60 and State Bank Of India (NS:SBI) was up 4.03% or 15.85 points to 409.00 in late trade.
The worst performers of the session were SBI Life Insurance Company Ltd (NS:SBIL), which fell 2.27% or 20.35 points to trade at 876.50 at the close. HDFC Life Insurance Company Ltd (NS:HDFL) declined 2.05% or 14.60 points to end at 696.35 and Dr. Reddy’s Laboratories Ltd (NS:REDY) was down 1.80% or 86.25 points to 4705.75.
The top performers on the BSE Sensex 30 were AXIS Bank Ltd. (BO:AXBK) which rose 6.22% to 797.00, ICICI Bank Ltd (BO:ICBK) which was up 4.12% to settle at 674.20 and State Bank Of India (BO:SBI) which gained 3.52% to close at 407.05.
The worst performers were Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 1.79% to 4709.50 in late trade, Tata Consultancy Services Ltd. (BO:TCS) which lost 1.29% to settle at 3150.00 and Hindustan Unilever Ltd. (BO:HLL) which was down 1.16% to 2215.85 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 953 to 718 and 68 ended unchanged; on the Bombay Stock Exchange, 1639 fell and 1300 advanced, while 144 ended unchanged.
Shares in AXIS Bank Ltd (NS:AXBK) rose to 52-week highs; up 6.21% or 46.60 to 797.00. Shares in ICICI Bank Ltd (NS:ICBK) rose to all time highs; up 4.17% or 27.00 to 674.60. Shares in State Bank Of India (NS:SBI) rose to all time highs; gaining 4.03% or 15.85 to 409.00. Shares in AXIS Bank Ltd. (BO:AXBK) rose to 52-week highs; up 6.22% or 46.65 to 797.00. Shares in ICICI Bank Ltd (BO:ICBK) rose to all time highs; gaining 4.12% or 26.70 to 674.20. Shares in State Bank Of India (BO:SBI) rose to all time highs; gaining 3.52% or 13.85 to 407.05.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.57% to 21.4750 a new 1-month low.
Gold Futures for April delivery was down 0.23% or 4.15 to $1819.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.82% or 1.08 to hit $60.55 a barrel, while the April Brent oil contract rose 1.30% or 0.81 to trade at $63.24 a barrel.
USD/INR was up 0.06% to 72.626, while EUR/INR rose 0.19% to 88.1205.
The US Dollar Index Futures was down 0.14% at 90.343.
