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

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

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

The biggest gainers 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. 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.

Biggest losers included Coal India Ltd (NS:COAL), which lost 4.22% or 19.45 points to trade at 441.65 in late trade. Bajaj Auto Ltd (NS:BAJA) declined 1.91% or 194.85 points to end at 10,011.25 and Axis Bank Ltd (NS:AXBK) shed 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.

Advancing stocks outnumbered falling ones by 1704 to 807 and 79 ended unchanged; on the Bombay Stock Exchange, 2444 rose and 1364 declined, while 155 ended unchanged on the India National Stock Exchange.

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

In commodities trading, Gold Futures for December delivery was down 0.40% or 11.00 to $2,743.60 a troy ounce. Meanwhile, Crude oil for delivery in December fell 6.26% or 4.49 to hit $67.29 a barrel, while the January Brent oil contract fell 5.98% or 4.52 to trade at $71.11 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 104.10.