India stocks higher at close of trade; Nifty 50 up 0.42%
Investing.com – India stocks were higher after the close on Friday, as gains in the Banking, Metals and Public Sector Undertakings sectors led shares higher.
At the close in NSE, the Nifty 50 added 0.42%, while the BSE Sensex 30 index gained 0.27%.
The best performers of the session on the Nifty 50 were Axis Bank Ltd (NS:AXBK), which rose 5.74% or 65.00 points to trade at 1,196.85 at the close. Meanwhile, Wipro Ltd (NS:WIPR) added 3.76% or 19.90 points to end at 548.65 and Eicher Motors Ltd. (NS:EICH) was up 3.07% or 141.80 points to 4,765.65 in late trade.
The worst performers of the session were LTIMindtree Ltd (NS:LTIM), which fell 6.30% or 402.75 points to trade at 5,991.70 at the close. Infosys Ltd (NS:INFY) declined 4.50% or 88.50 points to end at 1,879.60 and Asian Paints Ltd. (NS:ASPN) was down 2.08% or 63.70 points to 2,992.15.
The top performers on the BSE Sensex 30 were Axis Bank Ltd. (BO:AXBK) which rose 5.61% to 1,195.70, Wipro Ltd (BO:WIPR) which was up 3.63% to settle at 548.00 and ICICI Bank Ltd (BO:ICBK) which gained 2.80% to close at 1,267.00.
The worst performers were Infosys Ltd (BO:INFY) which was down 4.39% to 1,883.05 in late trade, Asian Paints Ltd. (BO:ASPN) which lost 1.89% to settle at 3,000.00 and Nestle India Ltd (BO:NEST) which was down 1.20% to 2,351.05 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1327 to 1127 and 101 ended unchanged; on the Bombay Stock Exchange, 1949 fell and 1806 advanced, while 106 ended unchanged.
Shares in Nestle India Ltd (BO:NEST) fell to 52-week lows; losing 1.20% or 28.65 to 2,351.05.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.61% to 13.04.
Gold Futures for December delivery was up 0.63% or 17.10 to $2,724.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.50% or 0.35 to hit $70.32 a barrel, while the December Brent oil contract fell 0.50% or 0.37 to trade at $74.08 a barrel.
USD/INR was down 0.01% to 84.06, while EUR/INR rose 0.12% to 91.16.
The US Dollar Index Futures was down 0.18% at 103.46.
