India stocks higher at close of trade; Nifty 50 up 0.35% 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 added 0.35%, while the index added 0.33%.

The best performers of the session on the were Dr Reddy’s Laboratories Ltd (NS:), which rose 2.53% or 34.30 points to trade at 1,389.45 at the close. Meanwhile, Mahindra & Mahindra Ltd. (NS:) added 2.48% or 73.80 points to end at 3,049.45 and IndusInd Bank Ltd. (NS:) was up 2.30% or 21.45 points to 953.40 in late trade.

The worst performers of the session were Hindalco Industries Ltd. (NS:), which fell 1.81% or 11.35 points to trade at 617.40 at the close. Coal India Ltd (NS:) declined 1.58% or 6.10 points to end at 380.50 and State Bank Of India (NS:) was down 1.58% or 12.80 points to 799.65.

The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:) which rose 2.47% to 3,050.00, IndusInd Bank Ltd. (BO:) which was up 2.41% to settle at 954.60 and Tata Motors Ltd (BO:) which gained 1.73% to close at 753.65.

The worst performers were State Bank Of India (BO:) which was down 1.37% to 800.50 in late trade, Tata Steel Ltd (BO:) which lost 0.93% to settle at 139.05 and UltraTech Cement Ltd (BO:) which was down 0.72% to 11,375.05 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1291 to 1197 and 154 ended unchanged; on the Bombay Stock Exchange, 1949 fell and 1838 advanced, while 116 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 5.72% to 13.23.

Gold Futures for February delivery was down 0.51% or 13.46 to $2,640.44 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.45% or 0.31 to hit $69.93 a barrel, while the March Brent oil contract rose 0.33% or 0.24 to trade at $73.09 a barrel.

USD/INR was up 0.37% to 85.59, while EUR/INR rose 0.65% to 89.15.

The US Dollar Index Futures was up 0.03% at 107.92.