India stocks higher at close of trade; Nifty 50 up 1.13%

Financial Eye – 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 1.13%, while the index added 1.17%.

The best performers of the session on the were Apollo Hospitals Enterprises Ltd. (NS:), which rose 5.43% or 198.95 points to trade at 3,861.75 at the close. Meanwhile, Tech Mahindra Ltd (NS:) added 4.14% or 44.65 points to end at 1,123.25 and HDFC Life Insurance Company Ltd (NS:) was up 3.47% or 20.05 points to 598.10 in late trade.

The worst performers of the session were Oil And Natural Gas Corporation Ltd (NS:), which fell 5.33% or 8.10 points to trade at 143.80 at the close. NTPC Ltd (NS:) declined 2.76% or 4.25 points to end at 149.90 and Bharti Airtel Ltd. (NS:) was down 1.33% or 9.25 points to 684.40.

The top performers on the BSE Sensex 30 were Tech Mahindra Ltd (BO:) which rose 4.10% to 1,123.55, IndusInd Bank Ltd. (BO:) which was up 3.23% to settle at 926.00 and Wipro Ltd (BO:) which gained 2.98% to close at 466.95.

The worst performers were NTPC Ltd (BO:) which was down 2.43% to 150.45 in late trade, Bharti Airtel Ltd (BO:) which lost 1.24% to settle at 684.75 and Power Grid Corporation of India Ltd (BO:) which was down 0.97% to 224.85 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1312 to 525 and 37 ended unchanged; on the Bombay Stock Exchange, 2126 rose and 1093 declined, while 120 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 5.45% to 21.48.

Gold Futures for June delivery was up 0.46% or 8.54 to $1,856.14 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.43% or 0.49 to hit $113.60 a barrel, while the August Brent oil contract fell 0.42% or 0.48 to trade at $113.69 a barrel.

USD/INR was down 0.05% to 77.58, while EUR/INR fell 0.17% to 83.09.

The US Dollar Index Futures was down 0.01% at 101.85.