India stocks higher at close of trade; Nifty 50 up 0.50% By


© Reuters India stocks higher at close of trade; Nifty 50 up 0.50% – India stocks were higher after the close on Monday, as gains in the , and sectors led shares higher.

At the close in NSE, the rose 0.50%, while the index added 0.53%.

The best performers of the session on the were Hindustan Unilever Ltd. (NS:), which rose 1.87% or 47.65 points to trade at 2,596.40 at the close. Meanwhile, Sun Pharmaceutical Industries Ltd. (NS:) added 1.84% or 18.95 points to end at 1,049.30 and Tech Mahindra Ltd (NS:) was up 1.80% or 18.80 points to 1,065.30 in late trade.

The worst performers of the session were UltraTech Cement Ltd (NS:), which fell 4.56% or 327.40 points to trade at 6,849.75 at the close. Grasim Industries Ltd (NS:) declined 1.45% or 24.05 points to end at 1,631.30 and NTPC Ltd (NS:) was down 1.07% or 1.80 points to 166.90.

The top performers on the BSE Sensex 30 were Hindustan Unilever Ltd. (BO:) which rose 1.94% to 2,597.80, Sun Pharmaceutical Industries Ltd. (BO:) which was up 1.85% to settle at 1,049.15 and Tech Mahindra Ltd (BO:) which gained 1.65% to close at 1,065.10.

The worst performers were UltraTech Cement Ltd (BO:) which was down 4.62% to 6,846.90 in late trade, NTPC Ltd (BO:) which lost 1.22% to settle at 166.65 and Tata Steel Ltd (BO:) which was down 0.73% to 122.00 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1144 to 805 and 65 ended unchanged; on the Bombay Stock Exchange, 1942 fell and 1575 advanced, while 182 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 1.23% to 13.62 a new 1-month low.

Gold Futures for February delivery was up 0.02% or 0.30 to $1,928.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.48% or 0.39 to hit $82.03 a barrel, while the March Brent oil contract rose 0.56% or 0.49 to trade at $88.12 a barrel.

USD/INR was up 0.52% to 81.40, while EUR/INR rose 0.91% to 88.70.

The US Dollar Index Futures was down 0.22% at 101.56.