India stocks higher at close of trade; Nifty 50 up 0.53% By


© Reuters India stocks higher at close of trade; Nifty 50 up 0.53% – 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 0.53%, while the index climbed 0.62%.

The best performers of the session on the were Hindustan Unilever Ltd. (NS:), which rose 4.07% or 92.85 points to trade at 2,375.20 at the close. Meanwhile, IndusInd Bank Ltd. (NS:) added 3.07% or 24.80 points to end at 832.00 and Britannia Industries Ltd (NS:) was up 2.96% or 106.10 points to 3,690.45 in late trade.

The worst performers of the session were JSW Steel Ltd (NS:), which fell 4.72% or 27.35 points to trade at 551.50 at the close. Oil And Natural Gas Corporation Ltd (NS:) declined 3.85% or 5.05 points to end at 126.00 and Tata Consultancy Services Ltd. (NS:) was down 2.41% or 80.05 points to 3,235.05.

The top performers on the BSE Sensex 30 were Hindustan Unilever Ltd. (BO:) which rose 4.03% to 2,374.80, IndusInd Bank Ltd. (BO:) which was up 2.95% to settle at 831.35 and ITC Ltd (BO:) which gained 2.62% to close at 291.80.

The worst performers were Tata Consultancy Services Ltd. (BO:) which was down 2.46% to 3,234.65 in late trade, Tata Steel Ltd (BO:) which lost 2.15% to settle at 854.55 and Mahindra & Mahindra Ltd. (BO:) which was down 1.56% to 1,091.10 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1111 to 717 and 70 ended unchanged; on the Bombay Stock Exchange, 1926 rose and 1339 declined, while 179 ended unchanged.

Shares in ITC Ltd (BO:) rose to 3-years highs; gaining 2.62% or 7.45 to 291.80.

The , which measures the implied volatility of Nifty 50 options, was down 1.31% to 20.97.

Gold Futures for August delivery was up 0.27% or 4.80 to $1,806.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.15% or 0.16 to hit $108.27 a barrel, while the September Brent oil contract fell 0.04% or 0.05 to trade at $111.58 a barrel.

USD/INR was down 0.02% to 78.93, while EUR/INR rose 0.25% to 82.51.

The US Dollar Index Futures was down 0.23% at 104.67.

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