India stocks higher at close of trade; Nifty 50 up 0.35%
Investing.com – India stocks were higher after the close on Friday, as gains in the Auto , IT and Banking sectors led shares higher.
At the close in NSE, the Nifty 50 added 0.35%, while the BSE Sensex 30 index added 0.33%.
The best performers of the session on the Nifty 50 were Dr Reddy’s Laboratories Ltd (NS: REDY ), which rose 2.53% or 34.30 points to trade at 1,389.45 at the close. Meanwhile, Mahindra & Mahindra Ltd. (NS: MAHM ) added 2.48% or 73.80 points to end at 3,049.45 and IndusInd Bank Ltd. (NS: INBK ) was up 2.30% or 21.45 points to 953.40 in late trade.
The worst performers of the session were Hindalco Industries Ltd. (NS: HALC ), which fell 1.81% or 11.35 points to trade at 617.40 at the close. Coal India Ltd (NS: COAL ) declined 1.58% or 6.10 points to end at 380.50 and State Bank Of India (NS: SBI ) was down 1.58% or 12.80 points to 799.65.
The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO: MAHM ) which rose 2.47% to 3,050.00, IndusInd Bank Ltd. (BO: INBK ) which was up 2.41% to settle at 954.60 and Tata Motors Ltd (BO: TAMO ) which gained 1.73% to close at 753.65.
The worst performers were State Bank Of India (BO: SBI ) which was down 1.37% to 800.50 in late trade, Tata Steel Ltd (BO: TISC ) which lost 0.93% to settle at 139.05 and UltraTech Cement Ltd (BO: ULTC ) which was down 0.72% to 11,375.05 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1291 to 1197 and 154 ended unchanged; on the Bombay Stock Exchange, 1949 fell and 1838 advanced, while 116 ended unchanged.
The India VIX , which measures the implied volatility of Nifty 50 options, was down 5.72% to 13.23.
Gold Futures for February delivery was down 0.51% or 13.46 to $2,640.44 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.45% or 0.31 to hit $69.93 a barrel, while the March Brent oil contract rose 0.33% or 0.24 to trade at $73.09 a barrel.
USD/INR was up 0.37% to 85.59, while EUR/INR rose 0.65% to 89.15.
The US Dollar Index Futures was up 0.03% at 107.92.