India stocks higher at close of trade; Nifty 50 up 0.46%

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

At the close in NSE, the gained 0.46% to hit a new 3-months high, while the index gained 0.51%.

The best performers of the session on the were Hero MotoCorp Ltd (NS:), which rose 3.04% or 79.10 points to trade at 2,685.00 at the close. Meanwhile, Tata Motors Ltd (NS:) added 2.89% or 14.90 points to end at 530.85 and ITC Ltd (NS:) was up 1.75% or 7.35 points to 427.80 in late trade.

The worst performers of the session were Adani Enterprises Ltd (NS:), which fell 2.48% or 48.65 points to trade at 1,916.05 at the close. Cipla Ltd. (NS:) declined 1.56% or 14.65 points to end at 922.80 and Bharat Petroleum Corp. Ltd. (NS:) was down 1.35% or 4.90 points to 357.00.

The top performers on the BSE Sensex 30 were Tech Mahindra Ltd (BO:) which rose 1.93% to 1,066.05, ITC Ltd (BO:) which was up 1.77% to settle at 427.90 and Hindustan Unilever Ltd. (BO:) which gained 1.45% to close at 2,661.35.

The worst performers were Maruti Suzuki India Ltd. (BO:) which was down 1.00% to 9,203.25 in late trade, Tata Consultancy Services Ltd. (BO:) which lost 0.63% to settle at 3,253.15 and Bajaj Finserv Ltd (BO:) which was down 0.15% to 1,421.30 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1026 to 913 and 79 ended unchanged; on the Bombay Stock Exchange, 1843 rose and 1678 declined, while 169 ended unchanged.

Shares in Tata Motors Ltd (NS:) rose to 5-year highs; gaining 2.89% or 14.90 to 530.85.

The , which measures the implied volatility of Nifty 50 options, was up 2.49% to 13.17.

Gold Futures for June delivery was up 0.06% or 1.15 to $2,020.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.26% or 0.18 to hit $70.22 a barrel, while the July Brent oil contract rose 0.18% or 0.13 to trade at $74.30 a barrel.

USD/INR was up 0.14% to 82.31, while EUR/INR rose 0.42% to 89.52.

The US Dollar Index Futures was down 0.16% at 102.35.