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At the close in NSE, the Nifty 50 added 1.11% to hit a new 3-months high, while the BSE Sensex 30 index climbed 1.08%.
The best performers of the session on the Nifty 50 were Britannia Industries Ltd (NS:BRIT), which rose 5.12% or 193.80 points to trade at 3978.80 at the close. Meanwhile, Wipro Ltd (NS:WIPR) added 4.44% or 11.60 points to end at 272.95 and Infosys Ltd (NS:INFY) was up 4.41% or 39.80 points to 942.95 in late trade.
The worst performers of the session were Sun Pharmaceutical Industries Ltd. (NS:SUN), which fell 3.90% or 19.65 points to trade at 483.95 at the close. Cipla Ltd. (NS:CIPL) declined 2.15% or 14.80 points to end at 674.30 and Zee Entertainment Enterprises Ltd. (NS:ZEE) was down 1.72% or 2.70 points to 154.70.
The top performers on the BSE Sensex 30 were Bajaj Finance Ltd (BO:BJFN) which rose 4.13% to 3438.00, HCL Technologies Ltd (BO:HCLT) which was up 4.11% to settle at 649.10 and Bajaj Finserv Ltd (BO:BJFS) which gained 4.07% to close at 6619.50.
The worst performers were Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 3.86% to 483.85 in late trade, NTPC Ltd (BO:NTPC) which lost 1.19% to settle at 87.25 and Maruti Suzuki India Ltd. (BO:MRTI) which was down 0.86% to 5867.30 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 949 to 663 and 87 ended unchanged; on the Bombay Stock Exchange, 1399 rose and 1108 declined, while 165 ended unchanged.
Shares in Britannia Industries Ltd (NS:BRIT) rose to all time highs; gaining 5.12% or 193.80 to 3978.80. Shares in Wipro Ltd (NS:WIPR) rose to 52-week highs; up 4.44% or 11.60 to 272.95. Shares in Infosys Ltd (NS:INFY) rose to all time highs; up 4.41% or 39.80 to 942.95. Shares in HCL Technologies Ltd (BO:HCLT) rose to 52-week highs; gaining 4.11% or 25.65 to 649.10.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.30% to 24.7125.
Gold Futures for August delivery was up 0.11% or 1.95 to $1811.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.93% or 0.38 to hit $40.37 a barrel, while the September Brent oil contract fell 0.88% or 0.38 to trade at $42.76 a barrel.
USD/INR was down 0.12% to 74.796, while EUR/INR rose 0.20% to 85.7120.
The US Dollar Index Futures was down 0.13% at 95.763.