India stocks higher at close of trade; Nifty 50 up 0.37% By biedexmarkets.com

© Reuters India stocks higher at close of trade; Nifty 50 up 0.37%

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

At the close in NSE, the rose 0.37% to hit a new all time high, while the index gained 0.39%.

The best performers of the session on the were Grasim Industries Ltd (NS:), which rose 3.09% or 65.00 points to trade at 2,170.65 at the close. Meanwhile, Bajaj Finserv Ltd (NS:) added 2.71% or 42.70 points to end at 1,618.60 and Bajaj Auto Ltd (NS:) was up 2.26% or 188.50 points to 8,513.55 in late trade.

The worst performers of the session were Coal India Ltd (NS:), which fell 4.26% or 20.45 points to trade at 459.55 at the close. Larsen & Toubro Ltd (NS:) declined 1.35% or 45.60 points to end at 3,341.15 and Wipro Ltd (NS:) was down 1.29% or 7.00 points to 536.00.

The top performers on the BSE Sensex 30 were Bajaj Finserv Ltd (BO:) which rose 2.83% to 1,620.15, Bharti Airtel Ltd (BO:) which was up 2.00% to settle at 1,142.20 and ICICI Bank Ltd (BO:) which gained 1.88% to close at 1,042.00.

The worst performers were Wipro Ltd (BO:) which was down 1.45% to 535.25 in late trade, Larsen & Toubro Ltd (BO:) which lost 1.45% to settle at 3,339.95 and LTIMindtree Ltd (BO:) which was down 1.23% to 5,513.70 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1308 to 862 and 48 ended unchanged; on the Bombay Stock Exchange, 2318 rose and 1504 declined, while 132 ended unchanged.

Shares in Bajaj Auto Ltd (NS:) rose to all time highs; up 2.26% or 188.50 to 8,513.55. Shares in ICICI Bank Ltd (BO:) rose to all time highs; gaining 1.88% or 19.20 to 1,042.00.

The , which measures the implied volatility of Nifty 50 options, was up 5.22% to 16.02.

Gold Futures for April delivery was up 0.35% or 7.15 to $2,031.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.94% or 0.74 to hit $77.72 a barrel, while the April Brent oil contract fell 0.96% or 0.80 to trade at $82.67 a barrel.

USD/INR was unchanged 0.00% to 83.02, while EUR/INR fell 0.01% to 89.45.

The US Dollar Index Futures was down 0.05% at 104.14.

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