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India stocks higher at close of trade; Nifty 50 up 0.15%

India stocks higher at close of trade; Nifty 50 up 0.15% – India stocks were higher after the close on Friday, as gains in the Real Estate, Auto and Oil & Gas sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.15% to hit a new all time high, while the BSE Sensex 30 index gained 0.03%.

The best performers of the session on the Nifty 50 were HDFC Life Insurance Company Ltd (NS:HDFL), which rose 2.45% or 14.05 points to trade at 586.60 at the close. Meanwhile, Tata Motors Ltd (NS:TAMO) added 2.31% or 9.80 points to end at 433.20 and Reliance Industries Ltd (NS:RELI) was up 1.49% or 38.50 points to 2,617.60 in late trade.

The worst performers of the session were Nestle India Ltd (NS:NEST), which fell 0.91% or 180.45 points to trade at 19,555.00 at the close. ICICI Bank Ltd (NS:ICBK) declined 0.91% or 8.55 points to end at 930.30 and Kotak Mahindra Bank Ltd. (NS:KTKM) was down 0.85% or 16.45 points to 1,928.40.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 1.34% to 2,617.05, Wipro Ltd (BO:WIPR) which was up 1.16% to settle at 402.65 and Tech Mahindra Ltd (BO:TEML) which gained 1.01% to close at 1,079.90.

The worst performers were Nestle India Ltd (BO:NEST) which was down 1.30% to 19,525.95 in late trade, Kotak Mahindra Bank Ltd. (BO:KTKM) which lost 0.95% to settle at 1,928.45 and ICICI Bank Ltd (BO:ICBK) which was down 0.87% to 930.40 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1192 to 690 and 67 ended unchanged; on the Bombay Stock Exchange, 2019 rose and 1359 declined, while 125 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.08% to 13.33 a new 52-week low.

Gold Futures for December delivery was up 0.44% or 7.75 to $1,753.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 2.03% or 1.58 to hit $79.52 a barrel, while the January Brent oil contract rose 1.43% or 1.22 to trade at $86.56 a barrel.

USD/INR was down 0.02% to 81.60, while EUR/INR rose 0.06% to 84.99.

The US Dollar Index Futures was down 0.15% at 105.81.


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