India shares higher at close of trade; Nifty 50 up 0.90%

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

At the close in NSE, the Nifty 50 added 0.90% to hit a new all time high, while the BSE Sensex 30 index gained 0.81%.

The biggest gainers of the session on the Nifty 50 were JSW Steel Ltd (NS:JSTL), which rose 5.83% or 21.35 points to trade at 387.60 at the close. Tata Motors Ltd (NS:TAMO) added 5.71% or 10.05 points to end at 186.00 and State Bank Of India (NS:SBI) was up 3.34% or 8.90 points to 275.75 in late trade.

Biggest losers included Hindustan Unilever Ltd. (NS:HLL), which lost 0.43% or 10.30 points to trade at 2391.95 in late trade. Sun Pharmaceutical Industries Ltd. (NS:SUN) declined 0.43% or 2.55 points to end at 587.90 and Cipla Ltd. (NS:CIPL) shed 0.39% or 3.25 points to 829.95.

The top performers on the BSE Sensex 30 were Titan Company Ltd (BO:TITN) which rose 3.33% to 1545.60, State Bank Of India (BO:SBI) which was up 3.15% to settle at 275.15 and Larsen & Toubro Ltd (BO:LART) which gained 2.23% to close at 1290.00.

The worst performers were Hindustan Unilever Ltd. (BO:HLL) which was down 0.41% to 2390.10 in late trade, Sun Pharmaceutical Industries Ltd. (BO:SUN) which lost 0.31% to settle at 588.00 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 0.18% to 5194.00 at the close.

Advancing stocks outnumbered falling ones by 1180 to 482 and 71 ended unchanged; on the Bombay Stock Exchange, 1949 rose and 953 declined, while 166 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.30% to 20.4275.

In commodities trading, Gold Futures for February delivery was unchanged 0.00% or 0.00 to $1883.20 a troy ounce. Meanwhile, Crude oil for delivery in February rose 1.12% or 0.54 to hit $48.77 a barrel, while the March Brent oil contract rose 0.95% or 0.49 to trade at $51.83 a barrel.

USD/INR was down 0.06% to 73.510, while EUR/INR rose 0.08% to 89.7705.

The US Dollar Index Futures was down 0.10% at 90.162.