India stocks higher at close of trade; Nifty 50 up 4.74% By Investing.com

India stocks higher at close of trade; Nifty 50 up 4.74%

Investing.com – India stocks were higher after the close on Monday, as gains in the , and sectors led shares higher.

At the close in NSE, the gained 4.74%, while the index climbed 5.00%.

The best performers of the session on the were IndusInd Bank Ltd. (NS:), which rose 14.71% or 124.50 points to trade at 970.60 at the close. Meanwhile, ICICI Bank Ltd (NS:) added 12.44% or 66.80 points to end at 603.80 and Bajaj Finserv Ltd (NS:) was up 11.66% or 1017.25 points to 9740.00 in late trade.

The worst performers of the session were UPL Ltd (NS:), which fell 4.74% or 26.55 points to trade at 534.10 at the close. Dr. Reddy’s Laboratories Ltd (NS:) declined 3.79% or 174.55 points to end at 4428.15 and Cipla Ltd. (NS:) was down 2.36% or 19.50 points to 806.40.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:) which rose 14.75% to 971.10, ICICI Bank Ltd (BO:) which was up 12.47% to settle at 603.95 and Bajaj Finserv Ltd (BO:) which gained 11.46% to close at 9720.00.

The worst performers were Dr. Reddy’s Laboratories Ltd (BO:) which was down 3.70% to 4428.60 in late trade, Tech Mahindra Ltd (BO:) which lost 1.58% to settle at 946.50 and Hindustan Unilever Ltd. (BO:) which was down 0.37% to 2255.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1211 to 457 and 49 ended unchanged; on the Bombay Stock Exchange, 1857 rose and 945 declined, while 195 ended unchanged.

Shares in ICICI Bank Ltd (NS:) rose to all time highs; gaining 12.44% or 66.80 to 603.80. Shares in ICICI Bank Ltd (BO:) rose to all time highs; gaining 12.47% or 66.95 to 603.95.

The , which measures the implied volatility of Nifty 50 options, was down 7.97% to 23.3225.

Gold Futures for April delivery was up 0.66% or 12.30 to $1862.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.42% or 0.22 to hit $52.42 a barrel, while the April Brent oil contract rose 0.75% or 0.41 to trade at $55.43 a barrel.

USD/INR was up 0.32% to 73.112, while EUR/INR fell 0.18% to 88.2760.

The US Dollar Index Futures was up 0.38% at 90.882.

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