India shares higher at close of trade; Nifty 50 up 2.17%

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India shares higher at close of trade; Nifty 50 up 2.17%
Credit: © Reuters.

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

At the close in NSE, the Nifty 50 added 2.17% to hit a new 1-month high, while the BSE Sensex 30 index climbed 2.25%.

The biggest gainers of the session on the Nifty 50 were HDFC Bank Ltd (NS: HDBK ), which rose 10.01% or 150.80 points to trade at 1,656.80 at the close. Housing Development Finance Corporation Ltd (NS: HDFC ) added 9.29% or 227.75 points to end at 2,680.05 and Adani Ports and Special Economic Zone Ltd (NS: APSE ) was up 4.17% or 32.80 points to 818.55 in late trade.

Biggest losers included Infosys Ltd (NS: INFY ), which lost 1.08% or 20.60 points to trade at 1,882.95 in late trade. Tata Consumer Products Ltd (NS: TACN ) declined 0.22% or 1.70 points to end at 788.10 and Titan Company Ltd (NS: TITN ) shed 0.15% or 3.85 points to 2,517.00.

The top performers on the BSE Sensex 30 were HDFC Bank Ltd (BO: HDBK ) which rose 9.97% to 1,656.45, Housing Development Finance Corporation Ltd (BO: HDFC ) which was up 9.30% to settle at 2,678.90 and Kotak Mahindra Bank Ltd. (BO: KTKM ) which gained 3.32% to close at 1,835.65.

The worst performers were Infosys Ltd (BO: INFY ) which was down 1.05% to 1,882.45 in late trade, Titan Company Ltd (BO: TITN ) which lost 0.20% to settle at 2,516.50 and Asian Paints Ltd. (BO: ASPN ) which was up 0.08% to 3,116.15 at the close.

Advancing stocks outnumbered falling ones by 1501 to 342 and 35 ended unchanged; on the Bombay Stock Exchange, 2583 rose and 832 declined, while 138 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 2.86% to 17.91 a new 1-month low.

In commodities trading, Gold Futures for June delivery was up 0.24% or 4.70 to $1,928.40 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.11% or 0.11 to hit $99.38 a barrel, while the June Brent oil contract fell 0.04% or 0.04 to trade at $104.35 a barrel.

USD/INR was down 0.59% to 75.55, while EUR/INR fell 1.01% to 83.12.

The US Dollar Index Futures was up 0.22% at 98.85.

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