Nifty at 19,350, Metals Lead Gains; India VIX Sheds 14% Ahead of US Data By Investing.com

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<p>By Malvika Gurung</p>
<p>Investing.com — Indian equity benchmark indices traded higher on Friday, following mixed cues from Asian peers as Wall Street ended the overnight session on a mixed note. Market participants await data due later in the day for more clarity on the Fed’s rate hike move at the September monetary policy meet.</p>
<p dir="ltr">Headline indices Nifty50 traded 0.41% higher at 19,332.55 levels at 12:20 pm, rising to 19,350.75 in the intraday trade, while added 186.42 points or 0.3% while writing.</p>
<p dir="ltr">The Indian market volatility barometer tumbled 13.7% on Friday and was last seen trading 4.6% lower at 11.5 levels.</p>
<p dir="ltr">Metal and auto stocks led the gains on Dalal Street, with buying seen across all the sectors barring pharmaceuticals.</p>
<p dir="ltr">Under the Nifty umbrella, jumped 2.8% with 14 out of 15 constituent stocks trading in the green. and also surged. was seen trading 0.12% higher.</p>
<p dir="ltr">The demerged financial services undertaking of <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> Reliance Industries </span></span> </span></span> Ltd (NS:), <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> Jio Financial Services </span></span> </span></span> (NS:) was the top gainer or best performer on , followed by state-owned heavyweights ONGC (NS:) and <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> NTPC </span></span> </span></span> (NS:).</p>
<p dir="ltr"><span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> Tata Steel </span></span> </span></span> (NS:), SBI Life (NS:), Hindalco (NS:) and <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> Coal India </span></span> </span></span> (NS:) were among the market heavyweights leading the Nifty pack, while Divi’s Labs (NS:) and HDFC Bank (NS:) added pressure.</p>
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<br /><a href="https://www.investing.com/news/stock-market-news/nifty-at-19350-metals-lead-gains-india-vix-sheds-14-ahead-of-us-data-3165774">Source link </a></p><p>The post <a href="https://forextraderhub.com/nifty-at-19350-metals-lead-gains-india-vix-sheds-14-ahead-of-us-data-by-investing-com.html">Nifty at 19,350, Metals Lead Gains; India VIX Sheds 14% Ahead of US Data By Investing.com</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>