India stocks higher at close of trade; Nifty 50 up 2.25%

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

At the close in NSE, the Nifty 50 added 2.25%, while the BSE Sensex 30 index gained 2.34%.

The best performers of the session on the Nifty 50 were State Bank Of India (NS:SBI ), which rose 4.52% or 35.30 points to trade at 816.05 at the close. Meanwhile, Tata Consultancy Services Ltd. (NS:TCS ) added 4.22% or 171.75 points to end at 4,244.60 and Titan Company Ltd (NS:TITN ) was up 4.10% or 130.25 points to 3,308.70 in late trade.

The worst performers of the session were Bajaj Auto Ltd (NS:BAJA ), which fell 0.25% or 23.35 points to trade at 9,481.65 at the close. HDFC Bank Ltd (NS:HDBK ) added 0.25% or 4.40 points to end at 1,745.60 and Axis Bank Ltd (NS:AXBK ) was up 0.29% or 3.25 points to 1,142.40.

The top performers on the BSE Sensex 30 were State Bank Of India (BO:SBI ) which rose 4.34% to 814.75, Bajaj Finance Ltd (BO:BJFN ) which was up 3.95% to settle at 6,720.00 and Titan Company Ltd (BO:TITN ) which gained 3.91% to close at 3,303.00.

The worst performers were HDFC Bank Ltd (BO:HDBK ) which was down 0.03% to 1,741.40 in late trade, Axis Bank Ltd. (BO:AXBK ) which gained 0.27% to settle at 1,142.20 and Kotak Mahindra Bank Ltd. (BO:KTKM ) which was up 1.30% to 1,759.55 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1713 to 732 and 180 ended unchanged; on the Bombay Stock Exchange, 2292 rose and 1447 declined, while 121 ended unchanged.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 2.58% to 15.58.

Gold Futures for December delivery was up 1.29% or 34.55 to $2,709.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.26% or 0.18 to hit $70.28 a barrel, while the January Brent oil contract rose 0.31% or 0.23 to trade at $74.46 a barrel.

USD/INR was down 0.07% to 84.43, while EUR/INR fell 0.53% to 88.03.

The US Dollar Index Futures was up 0.43% at 107.39.

Source: Investing.com