India shares higher at close of trade; Nifty 50 up 0.90%

Investing.com – India equities were higher at the close on Monday, as gains in the , and sectors propelled shares higher.

At the close in NSE, the added 0.90% to hit a new all time high, while the index gained 0.81%.

The biggest gainers of the session on the were JSW Steel Ltd (NS:), which rose 5.83% or 21.35 points to trade at 387.60 at the close. Tata Motors Ltd (NS:) added 5.71% or 10.05 points to end at 186.00 and State Bank Of India (NS:) was up 3.34% or 8.90 points to 275.75 in late trade.

Biggest losers included Hindustan Unilever Ltd. (NS:), which lost 0.43% or 10.30 points to trade at 2391.95 in late trade. Sun Pharmaceutical Industries Ltd. (NS:) declined 0.43% or 2.55 points to end at 587.90 and Cipla Ltd. (NS:) shed 0.39% or 3.25 points to 829.95.

The top performers on the BSE Sensex 30 were Titan Company Ltd (BO:) which rose 3.33% to 1545.60, State Bank Of India (BO:) which was up 3.15% to settle at 275.15 and Larsen & Toubro Ltd (BO:) which gained 2.23% to close at 1290.00.

The worst performers were Hindustan Unilever Ltd. (BO:) which was down 0.41% to 2390.10 in late trade, Sun Pharmaceutical Industries Ltd. (BO:) which lost 0.31% to settle at 588.00 and Dr. Reddy’s Laboratories Ltd (BO:) which was down 0.18% to 5194.00 at the close.

Advancing stocks outnumbered falling ones by 1180 to 482 and 71 ended unchanged; on the Bombay Stock Exchange, 1949 rose and 953 declined, while 166 ended unchanged on the India National Stock Exchange.

The , which measures the implied volatility of Nifty 50 options, was up 2.30% to 20.4275.

In commodities trading, Gold Futures for February delivery was unchanged 0.00% or 0.00 to $1883.20 a troy ounce. Meanwhile, Crude oil for delivery in February rose 1.12% or 0.54 to hit $48.77 a barrel, while the March Brent oil contract rose 0.95% or 0.49 to trade at $51.83 a barrel.

USD/INR was down 0.06% to 73.510, while EUR/INR rose 0.08% to 89.7705.

The US Dollar Index Futures was down 0.10% at 90.162.