Investing.com – India stocks were higher after the close on Friday, as gains in the Public Sector Undertakings, Metals and Oil & Gas sectors led shares higher.
At the close in NSE, the Nifty 50 rose 3.81%, while the BSE Sensex 30 index climbed 4.04%.
The best performers of the session on the Nifty 50 were State Bank Of India (NS:SBI), which rose 14.89% or 31.65 points to trade at 244.25 at the close. Meanwhile, Tata Steel Ltd (NS:TISC) added 14.52% or 41.75 points to end at 329.20 and Housing Development Finance Corporation Ltd (NS:HDFC) was up 10.50% or 196.95 points to 2072.65 in late trade.
The worst performers of the session were UPL Ltd (NS:UPLL), which fell 7.15% or 31.70 points to trade at 411.90 at the close. Zee Entertainment Enterprises Ltd. (NS:ZEE) declined 4.17% or 7.95 points to end at 182.70 and Nestle India Ltd (NS:NEST) was down 3.70% or 575.40 points to 14990.15.
The top performers on the BSE Sensex 30 were State Bank Of India (BO:SBI) which rose 13.87% to 242.25, Tata Steel Ltd (BO:TISC) which was up 13.48% to settle at 325.45 and Housing Development Finance Corporation Ltd (BO:HDFC) which gained 10.33% to close at 2068.50.
The worst performers were Nestle India Ltd (BO:NEST) which was down 4.12% to 14975.80 in late trade, Asian Paints Ltd. (BO:ASPN) which lost 2.35% to settle at 1799.55 and Hindustan Unilever Ltd. (BO:HLL) which was down 1.27% to 2033.20 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 854 to 684 and 88 ended unchanged; on the Bombay Stock Exchange, 1183 rose and 1079 declined, while 148 ended unchanged.
Shares in UPL Ltd (NS:UPLL) fell to 52-week lows; down 7.15% or 31.70 to 411.90. Shares in Zee Entertainment Enterprises Ltd. (NS:ZEE) fell to 5-year lows; losing 4.17% or 7.95 to 182.70.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 25.05% to 51.4725 a new 5-year high.
Gold Futures for April delivery was down 0.33% or 5.20 to $1585.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 5.02% or 1.58 to hit $33.08 a barrel, while the May Brent oil contract rose 5.24% or 1.74 to trade at $34.96 a barrel.
USD/INR was down 0.88% to 73.918, while EUR/INR fell 1.11% to 82.4695.
The US Dollar Index Futures was up 0.24% at 97.695.