India shares higher at close of trade; Nifty 50 up 1.48% By Investing.com

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

At the close in NSE, the Nifty 50 rose 1.48% to hit a new all time high, while the BSE Sensex 30 index gained 1.43%.

The biggest gainers of the session on the Nifty 50 were Maruti Suzuki India Ltd. (NS:MRTI), which rose 5.93% or 448.85 points to trade at 8014.90 at the close. Wipro Ltd (NS:WIPR) added 5.77% or 23.45 points to end at 430.20 and Tech Mahindra Ltd (NS:TEML) was up 5.66% or 56.35 points to 1051.10 in late trade.

Biggest losers included Hindalco Industries Ltd. (NS:HALC), which lost 1.94% or 5.30 points to trade at 267.60 in late trade. Tata Steel Ltd (NS:TISC) declined 1.34% or 9.65 points to end at 713.15 and IndusInd Bank Ltd. (NS:INBK) shed 1.29% or 12.25 points to 939.80.

The top performers on the BSE Sensex 30 were Maruti Suzuki India Ltd. (BO:MRTI) which rose 5.86% to 8010.00, Tech Mahindra Ltd (BO:TEML) which was up 5.64% to settle at 1050.95 and Infosys Ltd (BO:INFY) which gained 3.97% to close at 1312.00.

The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 1.37% to 939.05 in late trade, Bharti Airtel Ltd (BO:BRTI) which lost 0.93% to settle at 540.25 and State Bank Of India (BO:SBI) which was down 0.61% to 286.00 at the close.

Advancing stocks outnumbered falling ones by 917 to 749 and 60 ended unchanged; on the Bombay Stock Exchange, 1683 rose and 1301 declined, while 138 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.12% to 20.6400.

In commodities trading, Gold Futures for February delivery was down 1.18% or 22.60 to $1891.00 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.65% or 0.33 to hit $51.16 a barrel, while the March Brent oil contract rose 0.83% or 0.45 to trade at $54.83 a barrel.

USD/INR was down 0.20% to 73.270, while EUR/INR fell 0.44% to 89.6895.

The US Dollar Index Futures was up 0.14% at 89.920.