India stocks higher at close of trade; Nifty 50 up 0.63%


© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.63%© Reuters. India stocks higher at close of trade; Nifty 50 up 0.63% – India stocks were higher after the close on Friday, as gains in the Metals, IT and Technology sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.63%, while the BSE Sensex 30 index gained 0.65%.

The best performers of the session on the Nifty 50 were Cipla Ltd. (NS:CIPL), which rose 4.71% or 19.90 points to trade at 441.35 at the close. Meanwhile, Vedanta Ltd (NS:VDAN) added 3.93% or 5.55 points to end at 147.05 and Infosys Ltd (NS:INFY) was up 4.08% or 31.95 points to 814.80 in late trade.

The worst performers of the session were Yes Bank Ltd (NS:YESB), which fell 2.93% or 1.20 points to trade at 39.60 at the close. Indian Oil Corporation Ltd (NS:IOC) declined 3.31% or 4.90 points to end at 143.40 and GAIL Ltd (NS:GAIL) was down 1.77% or 2.25 points to 124.95.

The top performers on the BSE Sensex 30 were Infosys Ltd (BO:INFY) which rose 4.19% to 815.70, Vedanta Ltd (BO:VDAN) which was up 3.96% to settle at 146.95 and Tata Motors Ltd (BO:TAMO) which gained 3.81% to close at 121.35.

The worst performers were Yes Bank Ltd (BO:YESB) which was down 3.30% to 39.60 in late trade, Mahindra & Mahindra Ltd. (BO:MAHM) which lost 1.19% to settle at 559.80 and Tata Consultancy Services Ltd. (BO:TCS) which was down 0.87% to 1987.05 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 814 to 752 and 70 ended unchanged; on the Bombay Stock Exchange, 1309 fell and 1050 advanced, while 147 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.51% to 17.1400.

Gold Futures for December delivery was down 0.13% or 1.95 to $1498.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.68% or 0.90 to hit $54.45 a barrel, while the December Brent oil contract rose 1.49% or 0.88 to trade at $59.98 a barrel.

USD/INR was up 0.11% to 71.058, while EUR/INR rose 0.38% to 78.4050.

The US Dollar Index Futures was down 0.23% at 98.178.

Source By Breaking News Website | BreakingNews.WS