India stocks higher at close of trade; Nifty 50 up 1.44%

Investing.com – India stocks were higher after the close on Monday, as gains in the Oil & Gas , Capital Goods and Public Sector Undertakings sectors led shares higher.

At the close in NSE, the Nifty 50 gained 1.44%, while the BSE Sensex 30 index added 1.33%.

The best performers of the session on the Nifty 50 were Oil And Natural Gas Corporation Ltd (NS:ONGC ), which rose 5.01% or 12.30 points to trade at 257.90 at the close. Meanwhile, Larsen & Toubro Ltd (NS:LART ) added 4.15% or 149.50 points to end at 3,753.00 and Bharat Electronics Ltd (NS:BAJE ) was up 4.09% or 11.50 points to 292.35 in late trade.

The worst performers of the session were JSW Steel Ltd (NS:JSTL ), which fell 2.46% or 24.05 points to trade at 953.30 at the close. Tech Mahindra Ltd (NS:TEML ) declined 0.85% or 14.85 points to end at 1,732.60 and Infosys Ltd (NS:INFY ) was down 0.66% or 12.55 points to 1,889.70.

The top performers on the BSE Sensex 30 were Larsen & Toubro Ltd (BO:LART ) which rose 4.14% to 3,753.90, State Bank Of India (BO:SBI ) which was up 3.55% to settle at 845.05 and Wipro Ltd (BO:WIPR ) which gained 2.13% to close at 583.55.

The worst performers were JSW Steel Ltd (BO:JSTL ) which was down 2.31% to 954.25 in late trade, Tech Mahindra Ltd (BO:TEML ) which lost 0.84% to settle at 1,733.00 and Infosys Ltd (BO:INFY ) which was down 0.40% to 1,895.25 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1806 to 710 and 145 ended unchanged; on the Bombay Stock Exchange, 2523 rose and 1344 declined, while 161 ended unchanged.

Shares in Wipro Ltd (BO:WIPR ) rose to 52-week highs; rising 2.13% or 12.15 to 583.55.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 5.09% to 15.28.

Gold Futures for February delivery was down 1.46% or 40.00 to $2,697.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.59% or 0.42 to hit $70.82 a barrel, while the February Brent oil contract fell 0.52% or 0.39 to trade at $74.24 a barrel.

USD/INR was down 0.17% to 84.29, while EUR/INR rose 0.53% to 88.44.

The US Dollar Index Futures was down 0.59% at 106.87.

Source: Investing.com