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

Published 11/01/2021, 06:45 AM
Updated 11/01/2021, 06:45 AM
© Reuters India stocks higher at close of trade; Nifty 50 up 1.46%

Investing.com – India stocks were higher after the close on Monday, as gains in the Real Estate, Metals and Technology sectors led shares higher.

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

The best performers 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. Meanwhile, 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.

The worst performers of the session were UPL Ltd (NS:UPLL), which fell 2.72% or 20.15 points to trade at 720.05 at the close. Mahindra & Mahindra Ltd. (NS:MAHM) declined 1.57% or 13.90 points to end at 870.35 and Bajaj Finserv Ltd (NS:BJFS) was down 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.

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

Shares in IndusInd Bank Ltd. (NS:INBK) rose to 52-week highs; gaining 7.80% or 88.90 to 1229.10. Shares in IndusInd Bank Ltd. (BO:INBK) rose to 52-week highs; rising 7.75% or 88.30 to 1228.35.

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

Gold Futures for December delivery was up 0.20% or 3.60 to $1787.50 a troy ounce. Elsewhere in commodities trading, 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 74.921, while EUR/INR rose 0.06% to 86.6645.

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

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