India stocks higher at close of trade; Nifty 50 up 0.87%
Investing.com – India stocks were higher after the close on Friday, as gains in the Oil & Gas, Auto and Technology sectors led shares higher.
At the close in NSE, the Nifty 50 added 0.87%, while the BSE Sensex 30 index added 0.88%.
The best performers of the session on the Nifty 50 were Bharti Airtel Ltd. (NS:BRTI), which rose 4.28% or 66.75 points to trade at 1,627.15 at the close. Meanwhile, Cipla Ltd. (NS:CIPL) added 2.76% or 41.15 points to end at 1,533.90 and Sun Pharmaceutical Industries Ltd. (NS:SUN) was up 2.69% or 46.65 points to 1,780.90 in late trade.
The worst performers of the session were Power Grid Corporation of India Ltd (NS:PGRD), which fell 1.27% or 4.25 points to trade at 329.40 at the close. Shriram Finance Ltd. (NS:SHMF) declined 0.79% or 24.05 points to end at 3,019.65 and Hero MotoCorp Ltd (NS:HROM) was down 0.46% or 21.80 points to 4,761.70.
The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 4.40% to 1,629.00, Sun Pharmaceutical Industries Ltd. (BO:SUN) which was up 2.91% to settle at 1,785.60 and Mahindra & Mahindra Ltd. (BO:MAHM) which gained 2.45% to close at 2,970.80.
The worst performers were Power Grid Corporation of India Ltd (BO:PGRD) which was down 1.32% to 329.30 in late trade, Nestle India Ltd (BO:NEST) which lost 0.07% to settle at 2,237.00 and State Bank Of India (BO:SBI) which was down 0.05% to 838.35 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 1504 to 955 and 166 ended unchanged; on the Bombay Stock Exchange, 2190 rose and 1594 declined, while 91 ended unchanged.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.92% to 14.46.
Gold Futures for February delivery was up 0.91% or 24.19 to $2,688.99 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.61% or 0.42 to hit $68.30 a barrel, while the February Brent oil contract fell 0.95% or 0.69 to trade at $72.09 a barrel.
USD/INR was up 0.03% to 84.50, while EUR/INR rose 0.17% to 89.31.
The US Dollar Index Futures was down 0.16% at 105.88.