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India stocks higher at close of trade; Nifty 50 up 0.97%

India stocks higher at close of trade; Nifty 50 up 0.97% – India stocks were higher after the close on Friday, as gains in the IT, Real Estate and Green Energy sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.97% to hit a new 3-months high, while the BSE Sensex 30 index gained 1.02%.

The best performers of the session on the Nifty 50 were Reliance Industries Ltd (NS:RELI), which rose 2.73% or 66.55 points to trade at 2,506.50 at the close. Meanwhile, Sun Pharmaceutical Industries Ltd. (NS:SUN) added 2.63% or 24.90 points to end at 969.90 and Divi’s Laboratories Ltd. (NS:DIVI) was up 2.28% or 78.35 points to 3,514.00 in late trade.

The worst performers of the session were Oil And Natural Gas Corporation Ltd (NS:ONGC), which fell 1.36% or 2.25 points to trade at 163.75 at the close. Grasim Industries Ltd (NS:GRAS) declined 0.77% or 13.05 points to end at 1,688.30 and Bajaj Auto Ltd (NS:BAJA) was down 0.62% or 29.00 points to 4,615.00.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 2.79% to 2,506.55, Sun Pharmaceutical Industries Ltd. (BO:SUN) which was up 2.75% to settle at 970.65 and HCL Technologies Ltd (BO:HCLT) which gained 2.02% to close at 1,138.60.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 0.63% to 817.85 in late trade, Power Grid Corporation of India Ltd (BO:PGRD) which lost 0.36% to settle at 237.05 and NTPC Ltd (BO:NTPC) which was down 0.03% to 174.40 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1060 to 862 and 54 ended unchanged; on the Bombay Stock Exchange, 1866 rose and 1503 declined, while 135 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.95% to 11.90.

Gold Futures for June delivery was up 0.44% or 8.60 to $1,952.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.56% or 0.40 to hit $72.23 a barrel, while the July Brent oil contract rose 0.29% or 0.22 to trade at $76.48 a barrel.

USD/INR was down 0.21% to 82.56, while EUR/INR fell 0.06% to 88.69.

The US Dollar Index Futures was down 0.24% at 103.92.


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