India shares higher at close of trade; Nifty 50 up 1.39%

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India shares higher at close of trade; Nifty 50 up 1.39%

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

At the close in NSE, the Nifty 50 gained 1.39%, while the BSE Sensex 30 index added 1.42%.

The biggest gainers of the session on the Nifty 50 were Tech Mahindra Ltd (NS: TEML ), which rose 5.14% or 72.55 points to trade at 1483.20 at the close. Tata Motors Ltd (NS: TAMO ) added 4.25% or 21.15 points to end at 518.45 and Bharat Petroleum Corp. Ltd. (NS: BPCL ) was up 3.92% or 15.00 points to 397.50 in late trade.

Biggest losers included IndusInd Bank Ltd. (NS: INBK ), which lost 3.41% or 30.80 points to trade at 872.75 in late trade. Kotak Mahindra Bank Ltd. (NS: KTKM ) declined 2.19% or 41.65 points to end at 1856.65 and UPL Ltd (NS: UPLL ) shed 1.79% or 14.15 points to 776.10.

The top performers on the BSE Sensex 30 were Tech Mahindra Ltd (BO: TEML ) which rose 5.01% to 1481.15, Wipro Ltd (BO: WIPR ) which was up 3.70% to settle at 572.65 and Bajaj Finserv Ltd (BO: BJFS ) which gained 3.22% to close at 15689.85.

The worst performers were IndusInd Bank Ltd. (BO: INBK ) which was down 3.51% to 871.85 in late trade, Kotak Mahindra Bank Ltd. (BO: KTKM ) which lost 2.14% to settle at 1857.50 and Hindustan Unilever Ltd. (BO: HLL ) which was down 0.38% to 2274.30 at the close.

Advancing stocks outnumbered falling ones by 995 to 851 and 34 ended unchanged; on the Bombay Stock Exchange, 1782 rose and 1649 declined, while 149 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was up 6.08% to 21.9525.

In commodities trading, Gold Futures for February delivery was up 0.22% or 3.90 to $1788.80 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.98% or 0.85 to hit $87.67 a barrel, while the April Brent oil contract rose 0.97% or 0.86 to trade at $89.38 a barrel.

USD/INR was down 0.48% to 74.684, while EUR/INR fell 0.18% to 83.4610.

The US Dollar Index Futures was down 0.24% at 97.037.

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