India stocks were higher after the close on Friday’s stock market. Pushing shares higher were gains in the Banking sector, as well as Consumer Durables, and Fast Moving Consumer Goods.
The Nifty 50 gained 0.95% at the close in NSE to hit a new all-time high. The BSE Sensex 30 index added 1.00%.
The outperformers of the session on the Nifty 50 were Adani Port and Special Economic Zone Ltd (NS:APSE). They rose 4.86% or 21.20 points to trade at 457.00 at the close.
ICICI Bank Ltd (NS:ICBK) added 4.49% or 21.65 points to end at 503.50. Moreover, Hindalco Industries Ltd. (NS:HALC) climbed 4.34% or 10.50 points to 252.50 in late trade.
On the other hand, the worst performers of the session were Bharti Infratel Ltd (NS:BHRI). They fell 1.46% or 3.50 points to trade at 236.05 at the close.
Reliance Industries Ltd (NS:RELI) was down 0.83% or 16.35 points to end at 1947.70. Also down was HDFC Life Insurance Company Ltd (NS:HDFL) declining 0.73% or 4.70 points to 643.25.
The outperformers on the BSE Sensex 30 were ICICI Bank Ltd (BO:ICBK), rising 4.38% to 503.00. UltraTech Cement Ltd (BO:ULTC) was up 4.10% to settle at 5092.90. Additionally, Sun Pharmaceutical Industries Ltd. (BO:SUN) gained 3.64% to close at 568.00.
On the opposite, the worst performers were Reliance Industries Ltd (BO:RELI). They were down 0.86% to 1946.55 in late trade.
Bajaj Finserv Ltd (BO:BJFS) lost 0.74% to settle at 9045.00. Furthermore, HCL Technologies Ltd (BO:HCLT) was down 0.34% to 858.80 at the close.
Rising Stocks
Rising stocks outnumbered falling ones on the India National Stock Exchange by 909 to 724 and 75 ended unchanged. On the Bombay Stock Exchange, 1571 rose and 1209 fell, while 171 ended unchanged.
Rising to all-time highs are the shares in Adani Port and Special Economic Zone Ltd (NS:APSE). They were up 4.86% or 21.20 to 457.00.
Shares in Hindalco Industries Ltd. (NS:HALC) rose to 52-week highs, up 4.34% or 10.50 to 252.50.
Also rising to all-time highs are the shares in UltraTech Cement Ltd (BO:ULTC). They were up 4.10% or 200.65 to 5092.90.
Shares in Sun Pharmaceutical Industries Ltd. (BO:SUN) rose to 52-week highs, up 3.64% or 19.95 to 568.00.
The India VIX was down 5.12% to 18.0275, a new 6-months low. India VIX is what measures the implied volatility of Nifty 50 options.
Elsewhere in other stock market news, U.S. stocks are seen opening higher on Friday.
