Investing.com – India stocks were higher after the close on Monday, as gains in the Banking, Public Sector Undertakings and Power sectors led shares higher.
At the close in NSE, the Nifty 50 gained 0.59%, while the BSE Sensex 30 index added 0.59%.
The best performers of the session on the Nifty 50 were Kotak Mahindra Bank Ltd. (NS:KTKM), which rose 9.06% or 159.40 points to trade at 1,918.00 at the close. Meanwhile, Wipro Ltd (NS:WIPR) added 6.58% or 18.55 points to end at 300.50 and Bajaj Finance Ltd (NS:BJFN) was up 3.47% or 248.90 points to 7,431.00 in late trade.
The worst performers of the session were SBI Life Insurance Company Ltd (NS:SBIL), which fell 2.82% or 43.50 points to trade at 1,497.00 at the close. Trent Ltd (NS:TREN) declined 2.20% or 136.60 points to end at 6,079.95 and Shriram Finance Ltd. (NS:SHMF) was down 1.92% or 10.10 points to 516.40.
The top performers on the BSE Sensex 30 were Kotak Mahindra Bank Ltd. (BO:KTKM) which rose 9.12% to 1,919.00, Bajaj Finance Ltd (BO:BJFN) which was up 3.48% to settle at 7,430.15 and Bajaj Finserv Ltd (BO:BJFS) which gained 3.27% to close at 1,736.05.
The worst performers were Zomato Ltd (NS:ZOMT) which was down 7.32% to 230.60 in late trade, Adani Ports and Special Economic Zone Ltd (NS:APSE) which lost 1.29% to settle at 1,148.45 and Tata Consultancy Services Ltd. (BO:TCS) which was down 1.16% to 4,078.00 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 1489 to 890 and 27 ended unchanged; on the Bombay Stock Exchange, 2371 rose and 1525 declined, while 160 ended unchanged.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 4.22% to 16.41 a new 1-month high.
Gold Futures for February delivery was down 0.09% or 2.50 to $2,746.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.43% or 0.33 to hit $77.06 a barrel, while the March Brent oil contract fell 0.43% or 0.35 to trade at $80.44 a barrel.
USD/INR was down 0.02% to 86.56, while EUR/INR rose 0.12% to 89.31.
The US Dollar Index Futures was down 0.28% at 108.90.