India stocks higher at close of trade; Nifty 50 up 0.97%

India stocks higher at close of trade; Nifty 50 up 0.97%

Apr 26, 2019

India stocks were higher after the close on Friday, as gains in the Metals, Banking and Oil&Gas sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.97%, while the BSE Sensex 30 index gained 0.87%.

The best performers of the session on the Nifty 50 were Tata Steel Ltd (NS:TISC), which rose 7.19% or 36.70 points to trade at 545.25 at the close. Meanwhile, Bharat Petroleum Corp. Ltd. (NS:BPCL) added 3.78% or 13.55 points to end at 371.05 and GAIL Ltd (NS:GAIL) was up 2.87% or 9.85 points to 353.40 in late trade.

The worst performers of the session were Tata Motors Ltd (NS:TAMO), which fell 2.88% or 6.40 points to trade at 215.60 at the close. Bajaj Auto Ltd (NS:BAJA) declined 1.40% or 43.35 points to end at 3044.65 and Grasim Industries Ltd (NS:GRAS) was down 1.46% or 13.50 points to 913.45.

The top performers on the BSE Sensex 30 were Tata Steel Ltd (BO:TISC) which rose 6.67% to 545.00, ICICI Bank Ltd (BO:ICBK) which was up 3.05% to settle at 407.40 and AXIS Bank Ltd. (BO:AXBK) which gained 2.61% to close at 760.20.

The worst performers were Tata Motors Ltd DVR (BO:TAMdv) which was down 3.72% to 103.60 in late trade, Tata Motors Ltd (BO:TAMO) which lost 2.84% to settle at 215.40 and Bajaj Auto Ltd (BO:BAJA) which was down 1.21% to 3040.75 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 925 to 639 and 83 ended unchanged; on the Bombay Stock Exchange, 1393 fell and 1031 advanced, while 149 ended unchanged.

Shares in ICICI Bank Ltd (BO:ICBK) rose to all time highs; up 3.05% or 12.05 to 407.40.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 6.52% to 21.7175.

Gold Futures for June delivery was up 0.25% or 3.15 to $1282.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 1.64% or 1.07 to hit $64.14 a barrel, while the June Brent oil contract fell 1.88% or 1.40 to trade at $72.95 a barrel.

USD/INR was down 0.27% to 69.972, while EUR/INR fell 0.18% to 77.9435.

The US Dollar Index Futures was down 0.03% at 97.887.

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