© Reuters India stocks higher at close of trade; Nifty 50 up 0.92%

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 0.92%, while the index climbed 0.88%.

The best performers of the session on the were Mahindra & Mahindra Ltd. (NS:), which rose 4.36% or 44.80 points to trade at 1,072.50 at the close. Meanwhile, Hero MotoCorp Ltd (NS:) added 2.84% or 75.90 points to end at 2,750.00 and IndusInd Bank Ltd. (NS:) was up 2.75% or 21.55 points to 806.50 in late trade.

The worst performers of the session were Tech Mahindra Ltd (NS:), which fell 1.00% or 9.90 points to trade at 981.20 at the close. Infosys Ltd (NS:) declined 0.78% or 11.35 points to end at 1,441.10 and Tata Consultancy Services Ltd. (NS:) was down 0.47% or 15.70 points to 3,293.10.

The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:) which rose 4.28% to 1,072.05, IndusInd Bank Ltd. (BO:) which was up 2.59% to settle at 807.00 and Bajaj Finance Ltd (BO:) which gained 2.58% to close at 5,588.00.

The worst performers were Tech Mahindra Ltd (BO:) which was down 1.03% to 980.95 in late trade, Infosys Ltd (BO:) which lost 0.77% to settle at 1,442.05 and HCL Technologies Ltd (BO:) which was down 0.50% to 966.55 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1472 to 360 and 42 ended unchanged; on the Bombay Stock Exchange, 2305 rose and 887 declined, while 140 ended unchanged.

Shares in Mahindra & Mahindra Ltd. (NS:) rose to all time highs; rising 4.36% or 44.80 to 1,072.50. Shares in Mahindra & Mahindra Ltd. (BO:) rose to all time highs; rising 4.28% or 44.00 to 1,072.05.

The , which measures the implied volatility of Nifty 50 options, was down 1.58% to 20.55.

Gold Futures for August delivery was down 0.04% or 0.65 to $1,829.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 1.58% or 1.65 to hit $105.92 a barrel, while the August Brent oil contract rose 1.49% or 1.64 to trade at $111.69 a barrel.

USD/INR was up 0.22% to 78.32, while EUR/INR rose 0.39% to 82.56.

The US Dollar Index Futures was down 0.18% at 104.00.



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