India stocks mixed at close of trade; Nifty 50 up 0.22%

By Administrator_India

Capital Sands

India stocks were mixed after the close on Friday, as gains in the BankingPublic Sector Undertakings and Metals sectors led shares higher while losses in the AutoOil & Gas and Real Estate sectors led shares lower.

At the close in NSE, the Nifty 50 added 0.22%, while the BSE Sensex 30 index fell 0.44%.

The best performers of the session on the Nifty 50 were Coal India Ltd , which rose 6.41% or 7.90 points to trade at 131.15 at the close. Meanwhile, AXIS Bank Ltd added 6.18% or 21.10 points to end at 362.50 and Cipla Ltd.  was up 6.05% or 23.35 points to 409.50 in late trade.

The worst performers of the session were Bajaj Finance Ltd , which fell 7.94% or 221.70 points to trade at 2572.00 at the close. Hero MotoCorp Ltd declined 7.88% or 141.90 points to end at 1660.00 and IndusInd Bank Ltd was down 5.68% or 24.75 points to 411.15.

The top performers on the BSE Sensex 30 were AXIS Bank Ltd. which rose 4.98% to 359.70, ITC Ltd  which was up 3.63% to settle at 162.90 and NTPC Ltd  which gained 3.17% to close at 83.05.

The worst performers were Bajaj Finance Ltd which was down 8.87% to 2546.45 in late trade, Hero MotoCorp Ltd which lost 8.04% to settle at 1660.15 and Bharti Airtel Ltd  which was down 6.09% to 448.90 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 804 to 708 and 97 ended unchanged; on the Bombay Stock Exchange, 1119 fell and 1069 advanced, while 160 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.60% to 70.3850.

Gold Futures for April delivery was down 1.39% or 22.95 to $1628.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.58% or 0.13 to hit $22.73 a barrel, while the May Brent oil contract fell 1.37% or 0.36 to trade at $25.98 a barrel.

USD/INR was down 0.10% to 74.810, while EUR/INR fell 0.24% to 82.3885.

The US Dollar Index Futures was up 0.09% at 99.540.