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India stocks higher at close of trade; Nifty 50 up 1.78% By Investing.com

© Reuters India stocks higher at close of trade; Nifty 50 up 1.78%
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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 1.78% to hit a new 52-week high, while the index added 1.95%.

The best performers of the session on the were Housing Development Finance Corporation Ltd (NS:), which rose 5.89% or 147.60 points to trade at 2,651.70 at the close. Meanwhile, HDFC Bank Ltd (NS:) added 5.67% or 86.40 points to end at 1,611.15 and Infosys Ltd (NS:) was up 4.54% or 68.15 points to 1,570.10 in late trade.

The worst performers of the session were Eicher Motors Ltd. (NS:), which fell 4.90% or 181.20 points to trade at 3,519.65 at the close. Hero MotoCorp Ltd (NS:) declined 1.62% or 44.00 points to end at 2,668.50 and Britannia Industries Ltd (NS:) was down 0.87% or 36.00 points to 4,098.65.

The top performers on the BSE Sensex 30 were Housing Development Finance Corporation Ltd (BO:) which rose 5.84% to 2,651.25, HDFC Bank Ltd (BO:) which was up 5.62% to settle at 1,610.95 and Infosys Ltd (BO:) which gained 4.51% to close at 1,570.05.

The worst performers were Mahindra & Mahindra Ltd. (BO:) which was down 0.83% to 1,287.15 in late trade, State Bank Of India (BO:) which lost 0.76% to settle at 601.10 and Kotak Mahindra Bank Ltd. (BO:) which was down 0.73% to 1,898.60 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 994 to 867 and 62 ended unchanged; on the Bombay Stock Exchange, 1731 rose and 1607 declined, while 141 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 7.47% to 14.40 a new 52-week low.

Gold Futures for December delivery was up 0.76% or 13.40 to $1,767.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 3.28% or 2.84 to hit $89.31 a barrel, while the January Brent oil contract rose 2.94% or 2.75 to trade at $96.42 a barrel.

USD/INR was up 0.20% to 80.79, while EUR/INR rose 0.82% to 82.98.

The US Dollar Index Futures was down 0.92% at 107.10.

Story Credit: investing.com

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