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India stocks higher at close of trade; Nifty 50 up 1.63%
Investing.com – India stocks were higher after the close on Friday, as gains in the IT, Technology and Banking sectors led shares higher.
At the close in NSE, the Nifty 50 gained 1.63%, while the BSE Sensex 30 index gained 1.78%.
The best performers of the session on the Nifty 50 were Reliance Industries Ltd (NS:RELI), which rose 4.30% or 96.20 points to trade at 2,330.90 at the close. Meanwhile, Nestle India Ltd (NS:NEST) added 3.40% or 647.00 points to end at 19,699.95 and ICICI Bank Ltd (NS:ICBK) was up 3.17% or 26.95 points to 877.95 in late trade.
The worst performers of the session were Apollo Hospitals Enterprises Ltd. (NS:APLH), which fell 1.30% or 56.80 points to trade at 4,306.20 at the close. Sun Pharmaceutical Industries Ltd. (NS:SUN) declined 0.98% or 9.70 points to end at 982.20 and Adani Ports and Special Economic Zone Ltd (NS:APSE) was down 0.73% or 4.65 points to 632.00.
The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 4.29% to 2,331.05, Nestle India Ltd (BO:NEST) which was up 3.30% to settle at 19,691.85 and Infosys Ltd (BO:INFY) which gained 3.19% to close at 1,427.70.
The worst performers were Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 0.77% to 983.10 in late trade, Asian Paints Ltd. (BO:ASPN) which lost 0.27% to settle at 2,761.65 and Bajaj Finance Ltd (BO:BJFN) which was down 0.24% to 5,615.40 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 1305 to 634 and 48 ended unchanged; on the Bombay Stock Exchange, 2280 rose and 1148 declined, while 114 ended unchanged.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 5.08% to 12.94.
Gold Futures for June delivery was up 0.03% or 0.60 to $1,998.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.61% or 0.45 to hit $74.82 a barrel, while the June Brent oil contract rose 0.36% or 0.28 to trade at $78.88 a barrel.
USD/INR was up 0.11% to 82.21, while EUR/INR fell 0.02% to 89.46.
The US Dollar Index Futures was up 0.25% at 102.08.
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