Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

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

Published 01/21/2019, 05:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.50%

Investing.com – India stocks were higher after the close on Monday, as gains in the Oil & Gas, IT and Technology sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.50% to hit a new 1-month high, while the BSE Sensex 30 index added 0.53%.

The best performers of the session on the Nifty 50 were Reliance Industries Ltd (NS:RELI), which rose 4.28% or 50.65 points to trade at 1237.70 at the close. Meanwhile, Kotak Mahindra Bank Ltd. (NS:KTKM) added 2.73% or 33.80 points to end at 1267.60 and Bajaj Finserv Ltd (NS:BJFS) was up 2.08% or 130.10 points to 6384.55 in late trade.

The worst performers of the session were Hero MotoCorp Ltd (NS:HROM), which fell 3.99% or 115.75 points to trade at 2794.25 at the close. Yes Bank Ltd (NS:YESB) declined 3.73% or 7.40 points to end at 191.95 and Wipro Ltd (NS:WIPR) was down 2.80% or 9.70 points to 337.80.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 4.36% to 1234.50, Kotak Mahindra Bank Ltd. (BO:KTKM) which was up 2.42% to settle at 1267.30 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which gained 1.94% to close at 398.35.

The worst performers were Hero MotoCorp Ltd (BO:HROM) which was down 3.40% to 2794.50 in late trade, Yes Bank Ltd (BO:YESB) which lost 3.10% to settle at 192.10 and Maruti Suzuki India Ltd. (BO:MRTI) which was down 2.07% to 7200.95 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1126 to 467 and 64 ended unchanged; on the Bombay Stock Exchange, 1624 fell and 901 advanced, while 146 ended unchanged.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The India VIX, which measures the implied volatility of Nifty 50 options, was up 9.21% to 18.1475 a new 1-month high.

Gold Futures for February delivery was down 0.35% or 4.45 to $1278.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.18% or 0.10 to hit $54.09 a barrel, while the March Brent oil contract fell 0.08% or 0.05 to trade at $62.65 a barrel.

USD/INR was down 0.07% to 71.206, while EUR/INR rose 0.09% to 81.0205.

The US Dollar Index Futures was down 0.03% at 95.960.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.