India stocks higher at close of trade; Nifty 50 up 0.10%

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 0.10%, while the index added 0.20%.

The best performers of the session on the were Eicher Motors Ltd. (NS:), which rose 5.86% or 199.40 points to trade at 3,604.70 at the close. Meanwhile, Mahindra & Mahindra Ltd. (NS:) added 1.97% or 24.65 points to end at 1,275.95 and IndusInd Bank Ltd. (NS:) was up 1.79% or 21.20 points to 1,208.65 in late trade.

The worst performers of the session were Hindalco Industries Ltd. (NS:), which fell 3.83% or 16.10 points to trade at 404.75 at the close. Bharat Petroleum Corp. Ltd. (NS:) declined 2.79% or 10.40 points to end at 362.15 and Power Grid Corporation of India Ltd (NS:) was down 2.74% or 6.80 points to 241.75.

The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:) which rose 1.91% to 1,275.85, IndusInd Bank Ltd. (BO:) which was up 1.81% to settle at 1,209.00 and Axis Bank Ltd. (BO:) which gained 1.69% to close at 910.80.

The worst performers were Power Grid Corporation of India Ltd (BO:) which was down 2.78% to 241.70 in late trade, NTPC Ltd (BO:) which lost 2.34% to settle at 175.25 and UltraTech Cement Ltd (BO:) which was down 1.70% to 7,701.60 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1051 to 848 and 75 ended unchanged; on the Bombay Stock Exchange, 1804 fell and 1592 advanced, while 117 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 2.74% to 12.85.

Gold Futures for June delivery was down 0.44% or 8.95 to $2,011.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.35% or 0.25 to hit $71.12 a barrel, while the July Brent oil contract rose 0.20% or 0.15 to trade at $75.13 a barrel.

USD/INR was up 0.03% to 82.16, while EUR/INR rose 0.03% to 89.63.

The US Dollar Index Futures was up 0.04% at 101.91.