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.

Source: Investing.com