India stocks higher at close of trade; Nifty 50 up 0.33%

Investing.com – India stocks were higher after the close on Friday, as gains in the Real Estate, Technology and Auto sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.33% to hit a new all time high, while the BSE Sensex 30 index gained 0.28%.

The best performers of the session on the Nifty 50 were Cipla Ltd. (NS:CIPL), which rose 2.48% or 40.10 points to trade at 1,658.65 at the close. Meanwhile, Bajaj Finance Ltd (NS:BJFN) added 2.01% or 141.90 points to end at 7,205.45 and Mahindra&Mahindra Ltd. (NS:MAHM) was up 1.90% or 52.40 points to 2,810.00 in late trade.

The worst performers of the session were Tata Motors Ltd (NS:TAMO), which fell 1.08% or 12.15 points to trade at 1,109.50 at the close. HDFC Bank Ltd (NS:HDBK) declined 0.77% or 12.65 points to end at 1,625.90 and Tech Mahindra Ltd (NS:TEML) was down 0.72% or 11.80 points to 1,635.55.

The top performers on the BSE Sensex 30 were Bajaj Finance Ltd (BO:BJFN) which rose 2.12% to 7,213.00, Mahindra&Mahindra Ltd. (BO:MAHM) which was up 2.01% to settle at 2,813.20 and NTPC Ltd (BO:NTPC) which gained 1.71% to close at 417.00.

The worst performers were Tata Motors Ltd (BO:TAMO) which was down 0.95% to 1,109.00 in late trade, HDFC Bank Ltd (BO:HDBK) which lost 0.82% to settle at 1,625.10 and Reliance Industries Ltd (BO:RELI) which was down 0.59% to 3,023.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1412 to 1035 and 20 ended unchanged; on the Bombay Stock Exchange, 2104 rose and 1663 declined, while 113 ended unchanged.

Shares in Cipla Ltd. (NS:CIPL) rose to all time highs; rising 2.48% or 40.10 to 1,658.65.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.70% to 13.41.

Gold Futures for December delivery was down 0.30% or 7.75 to $2,552.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.04% or 0.03 to hit $75.94 a barrel, while the November Brent oil contract rose 0.01% or 0.01 to trade at $78.83 a barrel.

USD/INR was down 0.04% to 83.85, while EUR/INR fell 0.01% to 92.93.

The US Dollar Index Futures was up 0.02% at 101.29.