India stocks higher at close of trade; Nifty 50 up 1.01% By Investing.com

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 gained 1.01%, while the index gained 1.20%.

The best performers of the session on the were Infosys Ltd (NS:), which rose 3.83% or 54.35 points to trade at 1,474.25 at the close. Meanwhile, HDFC Bank Ltd (NS:) added 3.26% or 45.40 points to end at 1,439.00 and Housing Development Finance Corporation Ltd (NS:) was up 2.64% or 60.25 points to 2,343.50 in late trade.

The worst performers of the session were Oil And Natural Gas Corporation Ltd (NS:), which fell 1.73% or 2.25 points to trade at 127.60 at the close. Mahindra & Mahindra Ltd. (NS:) declined 1.43% or 17.90 points to end at 1,230.30 and JSW Steel Ltd (NS:) was down 1.25% or 8.10 points to 640.25.

The top performers on the BSE Sensex 30 were Infosys Ltd (BO:) which rose 3.82% to 1,474.05, HDFC Bank Ltd (BO:) which was up 3.40% to settle at 1,441.10 and Housing Development Finance Corporation Ltd (BO:) which gained 2.69% to close at 2,344.85.

The worst performers were Mahindra & Mahindra Ltd. (BO:) which was down 1.40% to 1,230.25 in late trade, Asian Paints Ltd. (BO:) which lost 0.80% to settle at 3,185.60 and Reliance Industries Ltd (BO:) which was down 0.54% to 2,371.00 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 958 to 849 and 78 ended unchanged; on the Bombay Stock Exchange, 1725 rose and 1566 declined, while 143 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 10.02% to 18.26 a new 1-month low.

Gold Futures for December delivery was down 0.93% or 15.65 to $1,661.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 1.01% or 0.90 to hit $88.21 a barrel, while the December Brent oil contract fell 0.86% or 0.81 to trade at $93.76 a barrel.

USD/INR was unchanged 0.00% to 82.17, while EUR/INR fell 0.36% to 80.03.

The US Dollar Index Futures was up 0.45% at 112.75.