Indian equities finished the session in positive territory on Friday, with leadership from the Auto, Capital Goods and Power sectors helping push indices slightly higher.
On the National Stock Exchange at the close, the Nifty 50 was up 0.27%. The BSE Sensex rose 0.21% by the end of trading.
Top gainers
- Bajaj Finance Ltd (NSE:BJFN) led gains on the Nifty 50, climbing 8.32% or 87.70 points to finish at 1,141.20. The stock also reached all-time highs during the session. On the BSE listing, Bajaj Finance rose 8.04% to 1,141.00.
- Bajaj Finserv Ltd (NSE:BJFS) added 6.37% or 121.60 points to close at 2,031.00 on the NSE, while the BSE print showed a 6.60% increase to 2,035.00.
- Jio Financial Services Ltd (NSE:JIOF) finished higher by 3.77% or 9.30 points at 256.25 in late trade on the NSE.
Notable decliners
- Tata Consultancy Services Ltd. (NSE:TCS) was the largest drag on the Nifty 50, falling 2.68% or 65.20 points to close at 2,366.60 on the NSE. On the BSE, TCS was down 2.71% to 2,366.00.
- Eternal Ltd (NSE:ETEA) slipped 2.58% or 8.00 points to end at 302.65 on the NSE and lost 2.67% to 302.50 on the BSE.
- Infosys Ltd (NSE:INFY) declined 2.18% or 25.20 points to 1,129.90 on the NSE, with the BSE close recorded at 1,130.00, down 2.26%.
On the Sensex 30, other top performers included Mahindra & Mahindra Ltd. (BO:MAHM), which gained 3.58% to close at 3,396.25.
Market breadth was positive on both exchanges. On the National Stock Exchange, advancing issues outnumbered decliners 1,576 to 976, with 48 stocks unchanged. On the Bombay Stock Exchange, 2,372 stocks rose, 1,584 fell and 186 were unchanged.
The India VIX, which tracks implied volatility in Nifty 50 options, eased 2.86% to 11.81 by the close.
Commodities and currencies
Precious and energy markets recorded mixed moves. Gold futures for August delivery declined 1.24% or $50.80, settling at $4,049.30 per troy ounce. Crude oil for September delivery rose 0.65% or $0.54 to $84.13 a barrel, while the October Brent contract increased 0.76% or $0.66 to $87.54 a barrel.
In currency markets, the Indian rupee strengthened modestly against the dollar and euro. USD/INR fell 0.26% to 95.43, and EUR/INR moved down 0.54% to 109.72. The US Dollar Index futures were up 0.35% at 100.07.
Additional note on Bajaj Finance
Shares of Bajaj Finance were highlighted as reaching all-time highs in the session, with both NSE and BSE prints showing strong percentage gains and closing prices just above 1,141 on both exchanges.
This session’s performance featured concentrated strength among select financials and industrial names, while large IT components exerted downward pressure on the benchmarks. Volatility as measured by the India VIX moved lower, and a mixed backdrop in commodities and currency rates rounded out trading activity.