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India shares higher at close of trade; Nifty 50 up 1.39%

Published 03/06/2019, 08:45 pm
Updated 03/06/2019, 08:51 pm
© Reuters.  India shares higher at close of trade; Nifty 50 up 1.39%
NSEI
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ASPN
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HROM
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NTPC
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Investing.com – India equities were higher at the close on Monday, as gains in the Auto, Consumer Durables and Metals sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 1.39% to hit a new all time high, while the BSE Sensex 30 index added 1.39%.

The biggest gainers of the session on the Nifty 50 were Hero MotoCorp Ltd (NS:HROM), which rose 5.77% or 154.75 points to trade at 2840.25 at the close. Bajaj Auto Ltd (NS:BAJA) added 3.56% or 104.25 points to end at 3034.60 and Asian Paints Ltd. (NS:ASPN) was up 3.82% or 53.70 points to 1459.25 in late trade.

Biggest losers included GAIL Ltd (NS:GAIL), which lost 0.78% or 2.80 points to trade at 357.45 in late trade. Tech Mahindra Ltd (NS:TEML) declined 0.22% or 1.65 points to end at 757.60 and ICICI Bank Ltd (NS:ICBK) shed 0.20% or 0.85 points to 422.90.

The top performers on the BSE Sensex 30 were Hero MotoCorp Ltd (BO:HROM) which rose 6.01% to 2842.50, Bajaj Auto Ltd (BO:BAJA) which was up 3.92% to settle at 3039.90 and IndusInd Bank Ltd. (BO:INBK) which gained 3.70% to close at 1663.85.

The worst performers were ICICI Bank Ltd (BO:ICBK) which was down 0.13% to 422.85 in late trade, NTPC Ltd (BO:NTPC) which lost 0.11% to settle at 133.05 and ITC Ltd (BO:ITC) which was down 0.04% to 278.55 at the close.

Declining stocks outnumbered rising ones by 860 to 726 and 80 ended unchanged; on the Bombay Stock Exchange, 1370 fell and 1127 advanced, while 154 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.62% to 15.9675.

In commodities trading, Gold Futures for August delivery was up 0.80% or 10.55 to $1321.65 a troy ounce. Meanwhile, Crude oil for delivery in July rose 1.05% or 0.56 to hit $54.06 a barrel, while the August Brent oil contract rose 0.76% or 0.47 to trade at $62.46 a barrel.

USD/INR was down 0.47% to 69.252, while EUR/INR fell 0.32% to 77.4440.

The US Dollar Index Futures was down 0.08% at 97.588.

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