India stocks higher at close of trade; Nifty 50 up 1.60% By

© Reuters. India stocks higher at close of trade; Nifty 50 up 1.60% – India stocks were higher after the close on Monday, as gains in the , and sectors led shares higher.

At the close in NSE, the added 1.60%, while the index gained 1.53%.

The best performers of the session on the were Power Grid Corporation of India Ltd (NS:), which rose 6.04% or 12.95 points to trade at 227.25 at the close. Meanwhile, Grasim Industries Ltd (NS:) added 5.76% or 69.20 points to end at 1270.00 and Oil And Natural Gas Corporation Ltd (NS:) was up 5.45% or 6.05 points to 117.05 in late trade.

The worst performers of the session were Bharti Airtel Ltd. (NS:), which fell 4.33% or 24.10 points to trade at 532.20 at the close. Bajaj Finance Ltd (NS:) added 0.04% or 1.90 points to end at 5266.80 and Cipla Ltd. (NS:) was up 0.35% or 2.75 points to 789.80.

The top performers on the BSE Sensex 30 were Power Grid Corporation of India Ltd (BO:) which rose 5.94% to 227.55, Oil And Natural Gas Corporation Ltd (BO:) which was up 5.40% to settle at 117.15 and UltraTech Cement Ltd (BO:) which gained 4.30% to close at 6377.30.

The worst performers were Bharti Airtel Ltd (BO:) which was down 4.44% to 532.35 in late trade, Bajaj Auto Ltd (BO:) which gained 0.39% to settle at 3815.50 and IndusInd Bank Ltd. (BO:) which was up 0.42% to 1067.75 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1140 to 554 and 60 ended unchanged; on the Bombay Stock Exchange, 1883 rose and 1072 declined, while 193 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 8.95% to 25.6250.

Gold Futures for April delivery was up 0.89% or 15.45 to $1744.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 1.25% or 0.77 to hit $62.27 a barrel, while the May Brent oil contract rose 1.21% or 0.78 to trade at $65.20 a barrel.

USD/INR was down 0.59% to 73.487, while EUR/INR fell 0.75% to 88.5810.

The US Dollar Index Futures was up 0.14% at 91.007.

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