India shares higher at close of trade; Nifty 50 up 1.11%

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India shares higher at close of trade; Nifty 50 up 1.11%
Credit: © Reuters.

Investing.com – India equities were higher at the close on Monday, as gains in the Public Sector Undertakings , Banking and Oil & Gas sectors propelled shares higher.

At the close in NSE, the Nifty 50 rose 1.11% to hit a new 52-week high, while the BSE Sensex 30 index added 1.05%.

The biggest gainers of the session on the Nifty 50 were Bharat Heavy Electricals Ltd. (NS: BHEL ), which rose 4.54% or 6.40 points to trade at 147.30 at the close. Bank Of Baroda (NS: BOB ) added 3.42% or 5.15 points to end at 155.85 and Maruti Suzuki India Ltd. (NS: MRTI ) was up 3.08% or 135.85 points to 4550.55 in late trade.

Biggest losers included Dr. Reddy's Laboratories Ltd. (NS: REDY ), which lost 3.26% or 117.50 points to trade at 3482.35 in late trade. GAIL Ltd (NS: GAIL ) declined 0.79% or 3.10 points to end at 391.65 and Bajaj Auto Limited (NS: BAJA ) shed 0.73% or 19.75 points to 2700.85.

The top performers on the BSE Sensex 30 were Bharat Heavy Electricals Ltd. (BO: BHEL ) which rose 4.29% to 147.10, Maruti Suzuki India Ltd. (BO: MRTI ) which was up 3.11% to settle at 4550.60 and State Bank Of India (BO: SBI ) which gained 2.86% to close at 229.85.

The worst performers were Dr. Reddy's Laboratories Ltd. (BO: REDY ) which was down 3.62% to 3474.85 in late trade, Gail (India) Ltd. (BO: GAIL ) which lost 1.04% to settle at 390.95 and Bajaj Auto Limited (BO: BAJA ) which was down 0.76% to 2700.00 at the close.

Advancing stocks outnumbered falling ones by 998 to 473 and 64 ended unchanged; on the Bombay Stock Exchange, 1074 rose and 543 declined, while 63 ended unchanged on the India National Stock Exchange.

The India Vix , which measures the implied volatility of Nifty 50 options, was up 1.42% to 15.7175.

In commodities trading, Gold for December delivery was down 0.45% or 6.00 to $1325.50 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.63% or 0.28 to hit $43.91 a barrel, while the October Brent oil contract fell 0.63% or 0.29 to trade at $45.80 a barrel.

USD/INR was up 0.25% to 67.319, while EUR/INR rose 0.32% to 73.9510.

The US Dollar Index was down 0.05% at 97.36.

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