India stocks higher at close of trade; Nifty 50 up 0.14%

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 0.14% to hit a new 1-month high, while the index added 0.02%.

The best performers of the session on the were Tata Motors Ltd (NS:), which rose 5.40% or 23.65 points to trade at 461.30 at the close. Meanwhile, Oil And Natural Gas Corporation Ltd (NS:) added 4.35% or 6.55 points to end at 157.15 and Grasim Industries Ltd (NS:) was up 2.47% or 41.20 points to 1,710.25 in late trade.

The worst performers of the session were Bajaj Finance Ltd (NS:), which fell 1.74% or 103.40 points to trade at 5,828.80 at the close. Tata Consumer Products Ltd (NS:) declined 1.35% or 9.85 points to end at 720.65 and Hindustan Unilever Ltd. (NS:) was down 1.29% or 33.10 points to 2,532.15.

The top performers on the BSE Sensex 30 were Wipro Ltd (BO:) which rose 1.79% to 373.25, Power Grid Corporation of India Ltd (BO:) which was up 1.71% to settle at 229.00 and Larsen & Toubro Ltd (BO:) which gained 1.51% to close at 2,309.15.

The worst performers were Bajaj Finance Ltd (BO:) which was down 1.76% to 5,830.75 in late trade, IndusInd Bank Ltd. (BO:) which lost 1.37% to settle at 1,066.95 and Asian Paints Ltd. (BO:) which was down 1.17% to 2,776.45 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1011 to 939 and 53 ended unchanged; on the Bombay Stock Exchange, 1928 rose and 1565 declined, while 155 ended unchanged.

Shares in Larsen & Toubro Ltd (BO:) rose to all time highs; up 1.51% or 34.40 to 2,309.15.

The , which measures the implied volatility of Nifty 50 options, was up 4.03% to 12.27.

Gold Futures for June delivery was down 0.46% or 9.35 to $2,017.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.15% or 0.12 to hit $80.82 a barrel, while the June Brent oil contract rose 0.08% or 0.07 to trade at $85.19 a barrel.

USD/INR was up 0.16% to 81.97, while EUR/INR rose 0.26% to 89.43.

The US Dollar Index Futures was down 0.01% at 101.72.