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India shares higher at close of trade; Nifty 50 up 1.46%

Published 01/11/2021, 09:45 pm
© Reuters.  India shares higher at close of trade; Nifty 50 up 1.46%
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Investing.com – India equities were higher at the close on Monday, as gains in the Real Estate, Metals and Technology sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 1.46%, while the BSE Sensex 30 index added 1.40%.

The biggest gainers of the session on the Nifty 50 were IndusInd Bank Ltd. (NS:INBK), which rose 7.80% or 88.90 points to trade at 1229.10 at the close. Bharti Airtel Ltd. (NS:BRTI) added 4.21% or 28.85 points to end at 714.20 and Hindalco Industries Ltd. (NS:HALC) was up 3.99% or 18.35 points to 478.15 in late trade.

Biggest losers included UPL Ltd (NS:UPLL), which lost 2.72% or 20.15 points to trade at 720.05 in late trade. Mahindra & Mahindra Ltd. (NS:MAHM) declined 1.57% or 13.90 points to end at 870.35 and Bajaj Finserv Ltd (NS:BJFS) shed 1.43% or 255.45 points to 17565.70.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 7.75% to 1228.35, HCL Technologies Ltd (BO:HCLT) which was up 3.91% to settle at 1189.10 and Bharti Airtel Ltd (BO:BRTI) which gained 3.80% to close at 712.30.

The worst performers were Mahindra & Mahindra Ltd. (BO:MAHM) which was down 1.56% to 870.00 in late trade, Bajaj Finserv Ltd (BO:BJFS) which lost 1.49% to settle at 17564.70 and Nestle India Ltd (BO:NEST) which was down 0.60% to 18888.00 at the close.

Advancing stocks outnumbered falling ones by 1229 to 516 and 55 ended unchanged; on the Bombay Stock Exchange, 2028 rose and 1096 declined, while 173 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.09% to 17.2350.

In commodities trading, Gold Futures for December delivery was up 0.20% or 3.65 to $1787.55 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.51% or 0.43 to hit $84.00 a barrel, while the January Brent oil contract rose 0.91% or 0.76 to trade at $84.48 a barrel.

USD/INR was up 0.01% to 74.926, while EUR/INR rose 0.08% to 86.6800.

The US Dollar Index Futures was up 0.03% at 94.145.

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