India stocks higher at close of trade; Nifty 50 up 0.65%

Investing.com – India stocks were higher after the close on Monday, as gains in the Real Estate , Public Sector Undertakings and Metals sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.65%, while the BSE Sensex 30 index climbed 0.76%.

The best performers of the session on the Nifty 50 were Shriram Finance Ltd. (NS:SHMF ), which rose 5.39% or 166.65 points to trade at 3,259.30 at the close. Meanwhile, Adani Enterprises Ltd (NS:ADEL ) added 3.91% or 105.20 points to end at 2,798.65 and ICICI Bank Ltd (NS:ICBK ) was up 2.98% or 37.40 points to 1,292.85 in late trade.

The worst performers of the session were Coal India Ltd (NS:COAL ), which fell 4.22% or 19.45 points to trade at 441.65 at the close. Bajaj Auto Ltd (NS:BAJA ) declined 1.91% or 194.85 points to end at 10,011.25 and Axis Bank Ltd (NS:AXBK ) was down 1.49% or 17.75 points to 1,171.60.

The top performers on the BSE Sensex 30 were ICICI Bank Ltd (BO:ICBK ) which rose 3.09% to 1,294.25, Wipro Ltd (BO:WIPR ) which was up 3.02% to settle at 559.60 and JSW Steel Ltd (BO:JSTL ) which gained 2.68% to close at 968.45.

The worst performers were Axis Bank Ltd. (BO:AXBK ) which was down 1.30% to 1,172.25 in late trade, Kotak Mahindra Bank Ltd. (BO:KTKM ) which lost 0.83% to settle at 1,753.60 and Tech Mahindra Ltd (BO:TEML ) which was down 0.72% to 1,704.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1704 to 807 and 79 ended unchanged; on the Bombay Stock Exchange, 2443 rose and 1364 declined, while 155 ended unchanged.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 3.11% to 14.18.

Gold Futures for December delivery was down 0.39% or 10.80 to $2,743.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 6.27% or 4.50 to hit $67.28 a barrel, while the January Brent oil contract fell 6.00% or 4.54 to trade at $71.09 a barrel.

USD/INR was down 0.03% to 84.08, while EUR/INR fell 0.10% to 90.92.

The US Dollar Index Futures was down 0.03% at 104.11.

Source: Investing.com