2 months ago
Stock Market

India stocks higher at close of trade; Nifty 50 up 0.50%

Investing.com – India stocks were higher after the close on Monday, as gains in the Oil&Gas, IT and Technology sectors

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

At the close in NSE, the Nifty 50 gained 0.50% to hit a new 1-month high, while the BSE Sensex 30 index added 0.53%.

The best performers of the session on the Nifty 50 were Reliance Industries Ltd (NS:RELI), which rose 4.28% or 50.65 points to trade at 1237.70 at the close. Meanwhile, Kotak Mahindra Bank Ltd. (NS:KTKM) added 2.73% or 33.80 points to end at 1267.60 and Bajaj Finserv Ltd (NS:BJFS) was up 2.08% or 130.10 points to 6384.55 in late trade.

The worst performers of the session were Hero MotoCorp Ltd (NS:HROM), which fell 3.99% or 115.75 points to trade at 2794.25 at the close. Yes Bank Ltd (NS:YESB) declined 3.73% or 7.40 points to end at 191.95 and Wipro Ltd (NS:WIPR) was down 2.80% or 9.70 points to 337.80.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 4.36% to 1234.50, Kotak Mahindra Bank Ltd. (BO:KTKM) which was up 2.42% to settle at 1267.30 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which gained 1.94% to close at 398.35.

The worst performers were Hero MotoCorp Ltd (BO:HROM) which was down 3.40% to 2794.50 in late trade, Yes Bank Ltd (BO:YESB) which lost 3.10% to settle at 192.10 and Maruti Suzuki India Ltd. (BO:MRTI) which was down 2.07% to 7200.95 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1126 to 467 and 64 ended unchanged; on the Bombay Stock Exchange, 1624 fell and 901 advanced, while 146 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 9.21% to 18.1475 a new 1-month high.

Gold Futures for February delivery was down 0.35% or 4.45 to $1278.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.18% or 0.10 to hit $54.09 a barrel, while the March Brent oil contract fell 0.08% or 0.05 to trade at $62.65 a barrel.

USD/INR was down 0.07% to 71.206, while EUR/INR rose 0.09% to 81.0205.

The US Dollar Index Futures was down 0.03% at 95.960.