India shares higher at close of trade; Nifty 50 up 0.39% By Investing.com

Investing.com – India equities were higher at the close on Friday, as gains in the Metals, IT and Technology sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.39% to hit a new all time high, while the BSE Sensex 30 index gained 0.33%.

The biggest gainers of the session on the Nifty 50 were Tata Steel Ltd (NS:TISC), which rose 3.94% or 43.90 points to trade at 1158.35 at the close. Coal India Ltd (NS:COAL) added 3.93% or 6.15 points to end at 162.65 and JSW Steel Ltd (NS:JSTL) was up 3.60% or 25.40 points to 731.20 in late trade.

Biggest losers included Larsen & Toubro Ltd (NS:LART), which lost 1.07% or 16.25 points to trade at 1503.45 in late trade. HDFC Life Insurance Company Ltd (NS:HDFL) declined 0.96% or 6.65 points to end at 682.60 and SBI Life Insurance Company Ltd (NS:SBIL) shed 0.95% or 9.45 points to 988.10.

The top performers on the BSE Sensex 30 were Dr. Reddy’s Laboratories Ltd (BO:REDY) which rose 3.03% to 5451.20, Power Grid Corporation of India Ltd (BO:PGRD) which was up 1.97% to settle at 246.30 and Tata Consultancy Services Ltd. (BO:TCS) which gained 1.73% to close at 3271.70.

The worst performers were Larsen & Toubro Ltd (BO:LART) which was down 1.07% to 1502.75 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 0.80% to settle at 1015.45 and Bajaj Finserv Ltd (BO:BJFS) which was down 0.78% to 11898.45 at the close.

Advancing stocks outnumbered falling ones by 876 to 830 and 25 ended unchanged; on the Bombay Stock Exchange, 1684 rose and 1363 declined, while 123 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 6.00% to 14.1025 a new 52-week low.

In commodities trading, Gold Futures for August delivery was down 0.08% or 1.55 to $1894.85 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.34% or 0.24 to hit $70.53 a barrel, while the August Brent oil contract rose 0.30% or 0.22 to trade at $72.74 a barrel.

USD/INR was down 0.00% to 73.067, while EUR/INR fell 0.16% to 88.7805.

The US Dollar Index Futures was up 0.14% at 90.207.