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India stocks higher at close of trade; Nifty 50 up 1.39% -Breaking

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© Reuters. India stocks up at closing trade. Nifty 50 up 1.3%

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

The NSE closed with the gain of 1.39% and the index climbing by 1.42%.

These were the best performers of the session Tech Mahindra Ltd (NS): traded at 1483.20 after the close, up 5.14%. That’s 72.55 point. Meanwhile, Tata Motors Ltd (NS): Added 4.25% or 21.15 Points to End at 518.45 Bharat Petroleum Corp. Ltd. (NS) saw a 3.92% increase or 15.00 point to 397.50 late trade.

They were also the session’s worst performers IndusInd Bank Ltd. (NS): Traded at 872.75 by the close, down 3.41%. Kotak Mahindra Bank Ltd. (NS) fell 2.19%, or 41.65 point to close at 1856.65. UPL Ltd. (NS) dropped 1.79%, or 14.15 to 776.

Tech Mahindra Ltd. (BO) rose 5.01% at 1481.15. Wipro Ltd. (BO) was up 3.70% at 572.65. Bajaj Finserv Ltd. (BO) gained 3.22% at 15689.85.

IndusInd Bank Ltd., (BO) was the worst performer. It fell 3.51% to 871.85 late trade. Kotak Mahindra Bank Ltd. was also down (BO) to close at 1857.50. Hindustan Unilever Ltd. was down 0.38 to 2274.30.

Indian National Stock Exchange: Rising stocks outnumbered falling ones by 995-851; 34 was unchanged. On Bombay Stock Exchange, 1648 rose, while 1782 declined. 149 were unchanged.

The implied volatility index of Nifty 50 options was up 6.8% to 21.9525.

For February delivery, Gold Futures rose 0.22% to $1788.80 or 3.90 a troy an ounce. Other commodities traded included Crude oil, which rose 0.99% to $87.68 to deliver in March, and April Brent oil, which rose 0.97% to $89.38 to trade at the same price.

USD/INR declined 0.48%, to 74.684. EUR/INR dropped 0.18%, to 83.4610.

US Dollar Index Futures were down 0.2% at 97.037.

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