2 months ago
Stock Market

India stocks higher at close of trade; Nifty 50 up 0.41%

Investing.com – India stocks were higher after the close on Monday, as gains in the Real Estate, Technology and IT

Investing.com – India stocks were higher after the close on Monday, as gains in the Real Estate, Technology and IT sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.41%, while the BSE Sensex 30 index gained 0.43%.

The best performers of the session on the Nifty 50 were Bharti Infratel Ltd (NS:BHRI), which rose 2.72% or 7.75 points to trade at 293.75 at the close. Meanwhile, AXIS Bank Ltd (NS:AXBK) added 2.87% or 17.80 points to end at 637.45 and Tata Motors Ltd (NS:TAMO) was up 2.52% or 4.30 points to 175.35 in late trade.

The worst performers of the session were Indiabulls Housing Finance Ltd (NS:INBF), which fell 4.92% or 40.80 points to trade at 793.90 at the close. Bajaj Auto Ltd (NS:BAJA) declined 3.00% or 81.95 points to end at 2658.55 and Dr. Reddy’s Laboratories Ltd (NS:REDY) was down 1.54% or 40.00 points to 2558.65.

The top performers on the BSE Sensex 30 were AXIS Bank Ltd. (BO:AXBK) which rose 2.84% to 637.45, Tata Motors Ltd (BO:TAMO) which was up 2.64% to settle at 175.25 and Tata Motors Ltd DVR (BO:TAMdv) which gained 2.57% to close at 93.85.

The worst performers were Bajaj Auto Ltd (BO:BAJA) which was down 2.82% to 2657.40 in late trade, Yes Bank Ltd (BO:YESB) which lost 1.35% to settle at 186.95 and Hero MotoCorp Ltd (BO:HROM) which was down 1.11% to 2959.35 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 800 to 790 and 74 ended unchanged; on the Bombay Stock Exchange, 1275 rose and 1264 declined, while 163 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.87% to 16.3025.

Gold Futures for February delivery was up 0.51% or 6.60 to $1292.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 2.98% or 1.43 to hit $49.39 a barrel, while the March Brent oil contract rose 3.03% or 1.73 to trade at $58.79 a barrel.

USD/INR was up 0.40% to 69.800, while EUR/INR rose 0.77% to 79.8410.

The US Dollar Index Futures was down 0.26% at 95.498.