India stocks higher at close of trade; Nifty 50 up 1.64%

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

At the close in NSE, the rose 1.64%, while the index added 1.80%.

The best performers of the session on the were Hindalco Industries Ltd. (NS:), which rose 5.21% or 19.35 points to trade at 390.55 at the close. Meanwhile, Bharti Airtel Ltd. (NS:) added 4.61% or 35.25 points to end at 799.90 and IndusInd Bank Ltd. (NS:) was up 3.76% or 42.95 points to 1,185.20 in late trade.

The worst performers of the session were Shree Cements Ltd. (NS:), which fell 1.19% or 253.95 points to trade at 21,033.10 at the close. Dr. Reddy’s Laboratories Ltd (NS:) declined 0.82% or 35.85 points to end at 4,324.85 and Coal India Ltd (NS:) was down 0.77% or 1.65 points to 212.25.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:) which rose 4.49% to 799.75, IndusInd Bank Ltd. (BO:) which was up 3.78% to settle at 1,186.30 and Bajaj Finance Ltd (BO:) which gained 3.28% to close at 7,337.55.

The worst performers were Asian Paints Ltd. (BO:) which was down 1.26% to 3,342.15 in late trade, Dr. Reddy’s Laboratories Ltd (BO:) which lost 0.58% to settle at 4,333.95 and ITC Ltd (BO:) which was down 0.32% to 332.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1339 to 485 and 51 ended unchanged; on the Bombay Stock Exchange, 2226 rose and 1067 declined, while 93 ended unchanged.

Shares in Bharti Airtel Ltd. (NS:) rose to all time highs; gaining 4.61% or 35.25 to 799.90. Shares in Bharti Airtel Ltd (BO:) rose to all time highs; up 4.49% or 34.35 to 799.75.

The , which measures the implied volatility of Nifty 50 options, was down 6.27% to 19.97.

Gold Futures for December delivery was up 0.39% or 6.50 to $1,675.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.30% or 0.24 to hit $81.47 a barrel, while the December Brent oil contract rose 0.26% or 0.23 to trade at $87.41 a barrel.

USD/INR was down 0.05% to 81.42, while EUR/INR fell 0.52% to 79.54.

The US Dollar Index Futures was up 0.10% at 112.31.

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