India stocks higher at close of trade; Nifty 50 up 0.72%

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

At the close in NSE, the Nifty 50 gained 0.72%, while the BSE Sensex 30 index added 0.75%.

The best performers of the session on the Nifty 50 were Hindalco Industries Ltd. (NS:HALC), which rose 3.47% or 14.40 points to trade at 429.30 at the close. Meanwhile, JSW Steel Ltd (NS:JSTL) added 3.11% or 20.60 points to end at 682.00 and NTPC Ltd (NS:NTPC) was up 1.79% or 2.90 points to 164.70 in late trade.

The worst performers of the session were Bajaj Auto Ltd (NS:BAJA), which fell 1.71% or 68.90 points to trade at 3,962.00 at the close. Nestle India Ltd (NS:NEST) declined 1.54% or 302.10 points to end at 19,259.70 and Britannia Industries Ltd (NS:BRIT) was down 1.11% or 41.25 points to 3,663.00.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:SUN) which rose 1.81% to 885.00, ITC Ltd (BO:ITC) which was up 1.78% to settle at 328.75 and NTPC Ltd (BO:NTPC) which gained 1.70% to close at 164.45.

The worst performers were Nestle India Ltd (BO:NEST) which was down 1.51% to 19,263.80 in late trade, UltraTech Cement Ltd (BO:ULTC) which lost 0.78% to settle at 6,526.10 and Wipro Ltd (BO:WIPR) which was down 0.54% to 405.60 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1185 to 693 and 40 ended unchanged; on the Bombay Stock Exchange, 2115 rose and 1307 declined, while 173 ended unchanged.

Shares in NTPC Ltd (NS:NTPC) rose to 5-year highs; up 1.79% or 2.90 to 164.70. Shares in ITC Ltd (BO:ITC) rose to 5-year highs; gaining 1.78% or 5.75 to 328.75. Shares in NTPC Ltd (BO:NTPC) rose to 5-year highs; gaining 1.70% or 2.75 to 164.45.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.58% to 19.66.

Gold Futures for December delivery was up 0.11% or 1.95 to $1,724.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 2.58% or 2.24 to hit $89.11 a barrel, while the November Brent oil contract rose 2.80% or 2.60 to trade at $95.62 a barrel.

USD/INR was up 0.09% to 79.78, while EUR/INR fell 0.09% to 79.25.

The US Dollar Index Futures was up 0.26% at 109.79.