India shares higher at close of trade; Nifty 50 up 1.00%

  • Investing.com
  • Stock Market News
India shares higher at close of trade; Nifty 50 up 1.00%

Investing.com – India equities were higher at the close on Monday, as gains in the Banking , Real Estate and Carbon sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 1.00% to hit a new all time high, while the BSE Sensex 30 index climbed 1.18%.

The biggest gainers of the session on the Nifty 50 were AXIS Bank Ltd (NS: AXBK ), which rose 6.21% or 46.60 points to trade at 797.00 at the close. ICICI Bank Ltd (NS: ICBK ) added 4.17% or 27.00 points to end at 674.60 and State Bank Of India (NS: SBI ) was up 4.03% or 15.85 points to 409.00 in late trade.

Biggest losers included SBI Life Insurance Company Ltd (NS: SBIL ), which lost 2.27% or 20.35 points to trade at 876.50 in late trade. HDFC Life Insurance Company Ltd (NS: HDFL ) declined 2.05% or 14.60 points to end at 696.35 and Dr. Reddy’s Laboratories Ltd (NS: REDY ) shed 1.80% or 86.25 points to 4705.75.

The top performers on the BSE Sensex 30 were AXIS Bank Ltd. (BO: AXBK ) which rose 6.22% to 797.00, ICICI Bank Ltd (BO: ICBK ) which was up 4.12% to settle at 674.20 and State Bank Of India (BO: SBI ) which gained 3.52% to close at 407.05.

The worst performers were Dr. Reddy’s Laboratories Ltd (BO: REDY ) which was down 1.79% to 4709.50 in late trade, Tata Consultancy Services Ltd. (BO: TCS ) which lost 1.29% to settle at 3150.00 and Hindustan Unilever Ltd. (BO: HLL ) which was down 1.16% to 2215.85 at the close.

Declining stocks outnumbered rising ones by 953 to 718 and 68 ended unchanged; on the Bombay Stock Exchange, 1639 fell and 1300 advanced, while 144 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 2.57% to 21.4750 a new 1-month low.

In commodities trading, Gold Futures for April delivery was down 0.23% or 4.15 to $1819.05 a troy ounce. Meanwhile, Crude oil for delivery in March rose 1.82% or 1.08 to hit $60.55 a barrel, while the April Brent oil contract rose 1.30% or 0.81 to trade at $63.24 a barrel.

USD/INR was up 0.06% to 72.626, while EUR/INR rose 0.19% to 88.1205.

The US Dollar Index Futures was down 0.14% at 90.343.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100