India stocks higher at close of trade; Nifty 50 up 0.09%

Investing.com – India stocks were higher after the close on Friday, as gains in the Metals, Capital Goods and Fast Moving Consumer Goods sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.09% to hit a new all time high, while the BSE Sensex 30 index climbed 0.05%.

The best performers of the session on the Nifty 50 were Tata Consumer Products Ltd (NS:TACN), which rose 3.68% or 44.95 points to trade at 1,265.00 at the close. Meanwhile, Tata Steel Ltd (NS:TISC) added 3.59% or 5.45 points to end at 157.05 and Bajaj Auto Ltd (NS:BAJA) was up 3.13% or 269.20 points to 8,875.00 in late trade.

The worst performers of the session were Mahindra&Mahindra Ltd. (NS:MAHM), which fell 4.02% or 79.15 points to trade at 1,891.50 at the close. Bharat Petroleum Corp. Ltd. (NS:BPCL) declined 2.40% or 15.35 points to end at 623.00 and Reliance Industries Ltd (NS:RELI) was down 1.60% or 48.00 points to 2,958.00.

The top performers on the BSE Sensex 30 were Tata Steel Ltd (BO:TISC) which rose 3.83% to 157.15, Bajaj Finserv Ltd (BO:BJFS) which was up 2.02% to settle at 1,583.00 and Bajaj Finance Ltd (BO:BJFN) which gained 1.83% to close at 6,427.00.

The worst performers were Mahindra&Mahindra Ltd. (BO:MAHM) which was down 3.86% to 1,892.80 in late trade, Reliance Industries Ltd (BO:RELI) which lost 1.57% to settle at 2,958.85 and Axis Bank Ltd. (BO:AXBK) which was down 1.34% to 1,110.65 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 0 to 0; on the Bombay Stock Exchange, 0 fell and 0 advanced.

Shares in Tata Consumer Products Ltd (NS:TACN) rose to all time highs; gaining 3.68% or 44.95 to 1,265.00. Shares in Tata Steel Ltd (NS:TISC) rose to all time highs; up 3.59% or 5.45 to 157.05. Shares in Bajaj Auto Ltd (NS:BAJA) rose to all time highs; gaining 3.13% or 269.20 to 8,875.00. Shares in Tata Steel Ltd (BO:TISC) rose to all time highs; gaining 3.83% or 5.80 to 157.15.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.77% to 13.61 a new 1-month low.

Gold Futures for April delivery was up 0.49% or 10.65 to $2,175.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.15% or 0.12 to hit $79.05 a barrel, while the May Brent oil contract rose 0.12% or 0.10 to trade at $83.06 a barrel.

USD/INR was up 0.01% to 82.73, while EUR/INR fell 0.16% to 90.42.

The US Dollar Index Futures was down 0.03% at 102.75.