India stocks higher at close of trade; Nifty 50 up 0.34%

Investing.com – India stocks were higher after the close on Monday, as gains in the Banking , Consumer Durables and IT sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.34%, while the BSE Sensex 30 index climbed 0.46%.

The best performers of the session on the Nifty 50 were Hindustan Unilever Ltd. (NS:HLL ), which rose 2.85% or 81.05 points to trade at 2,920.00 at the close. Meanwhile, ICICI Bank Ltd (NS:ICBK ) added 2.38% or 28.80 points to end at 1,236.95 and Shriram Finance Ltd. (NS:SHMF ) was up 2.30% or 74.50 points to 3,310.15 in late trade.

The worst performers of the session were Oil And Natural Gas Corporation Ltd (NS:ONGC ), which fell 2.96% or 9.15 points to trade at 299.65 at the close. Tech Mahindra Ltd (NS:TEML ) declined 2.48% or 40.25 points to end at 1,583.00 and Bharat Petroleum Corp. Ltd. (NS:BPCL ) was down 1.26% or 4.45 points to 347.70.

The top performers on the BSE Sensex 30 were Hindustan Unilever Ltd. (BO:HLL ) which rose 2.84% to 2,919.00, ICICI Bank Ltd (BO:ICBK ) which was up 2.03% to settle at 1,233.00 and ITC Ltd (BO:ITC ) which gained 1.95% to close at 511.45.

The worst performers were Tech Mahindra Ltd (BO:TEML ) which was down 2.54% to 1,582.20 in late trade, Tata Steel Ltd (BO:TISC ) which lost 1.16% to settle at 149.50 and NTPC Ltd (BO:NTPC ) which was down 1.10% to 390.80 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1529 to 965 and 26 ended unchanged; on the Bombay Stock Exchange, 2291 fell and 1581 advanced, while 139 ended unchanged.

Shares in Hindustan Unilever Ltd. (NS:HLL ) rose to all time highs; gaining 2.85% or 81.05 to 2,920.00. Shares in Shriram Finance Ltd. (NS:SHMF ) rose to all time highs; up 2.30% or 74.50 to 3,310.15. Shares in Hindustan Unilever Ltd. (BO:HLL ) rose to all time highs; gaining 2.84% or 80.55 to 2,919.00. Shares in ITC Ltd (BO:ITC ) rose to all time highs; up 1.95% or 9.80 to 511.45.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 6.67% to 14.20.

Gold Futures for December delivery was down 0.03% or 0.70 to $2,523.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.72% or 0.49 to hit $68.16 a barrel, while the November Brent oil contract rose 0.68% or 0.48 to trade at $71.54 a barrel.

USD/INR was down 0.04% to 83.96, while EUR/INR fell 0.42% to 92.71.

The US Dollar Index Futures was up 0.48% at 101.63.

Source: Investing.com