Investing.com – India equities were higher at the close on Friday, as gains in the Public Sector Undertakings, Metals and Oil & Gas sectors propelled shares higher.
At the close in NSE, the Nifty 50 gained 3.81%, while the BSE Sensex 30 index gained 4.04%.
The biggest gainers 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. 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.
Biggest losers included UPL Ltd (NS:UPLL), which lost 7.15% or 31.70 points to trade at 411.90 in late trade. Zee Entertainment Enterprises Ltd. (NS:ZEE) declined 4.17% or 7.95 points to end at 182.70 and Nestle India Ltd (NS:NEST) shed 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.
Advancing stocks outnumbered falling ones by 854 to 684 and 88 ended unchanged; on the Bombay Stock Exchange, 1183 rose and 1079 declined, while 148 ended unchanged on the India National Stock Exchange.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 25.05% to 51.4725 a new 5-year high.
In commodities trading, Gold Futures for April delivery was down 0.33% or 5.25 to $1585.05 a troy ounce. Meanwhile, Crude oil for delivery in April rose 4.92% or 1.55 to hit $33.05 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 97.698.