Market Overview
India’s equity markets closed higher on Friday, with the Nifty 50 gaining 0.39% to reach a new one‑month high and the BSE Sensex 30 climbing 0.34%.
Top Gainers
- HCL Technologies Ltd posted the strongest rise, up 5.73% (61.80 points) to finish at 1,139.90 on the NSE and 1,140.00 on the BSE.
- IndusInd Bank Ltd advanced 3.26% (30.75 points) to 974.25 on the NSE and 3.45% (32.55 points) to 976.00 on the BSE, marking a 52‑week high.
- Sun Pharmaceutical Industries Ltd increased 1.92% (36.00 points) to 1,907.00 on the NSE and 1.79% to 1,905.00 on the BSE, also reaching a 52‑week high.
Top Losers
- Axis Bank Ltd fell 1.51% (20.60 points) to 1,342.00 on the NSE and 1.54% to 1,342.80 on the BSE.
- Mahindra & Mahindra Ltd declined 1.19% (37.80 points) to 3,137.60 on the NSE and 1.21% to 3,135.00 on the BSE.
- State Bank of India dropped 1.01% (10.60 points) to 1,041.00 on the NSE and 0.98% to 1,041.45 on the BSE.
Breadth of Market Movement
On the NSE, 1,295 stocks rose versus 1,262 that fell, with 50 unchanged. On the BSE, 2,103 stocks advanced, 1,866 declined, and 191 remained unchanged.
Volatility and Commodity Prices
The India VIX, measuring implied volatility of Nifty 50 options, slipped 3.70% to 11.83, a three‑month low. Gold futures for August delivery rose 1.57% (64.80 points) to $4,190.50 per ounce. Crude oil for August delivery fell 0.16% (0.11 dollars) to $68.58 per barrel, while the September Brent contract rose 0.13% (0.09 dollars) to $71.89 per barrel.
Currency and Futures
The USD/INR exchange rate eased 0.15% to 95.24, and the EUR/INR fell 0.10% to 108.97. The US Dollar Index Futures were down 0.06% at 100.56.