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India shares higher at close of trade; Nifty 50 up 0.39%

Published 01/04/2019, 11:45
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.39%
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Investing.com – India equities were higher at the close on Monday, as gains in the Metals, IT and Technology sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.39% to hit a new 6-month high, while the BSE Sensex 30 index added 0.51%.

The biggest gainers of the session on the Nifty 50 were Tata Motors Ltd (NS:TAMO), which rose 7.49% or 13.05 points to trade at 187.35 at the close. Hindalco Industries Ltd. (NS:HALC) added 5.28% or 10.85 points to end at 215.90 and Lupin Ltd (NS:LUPN) was up 3.61% or 26.70 points to 766.20 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd. (NS:ZEE), which lost 3.28% or 14.60 points to trade at 431.70 in late trade. UPL Ltd (NS:UPLL) declined 2.80% or 26.85 points to end at 934.30 and Indian Oil Corporation Ltd (NS:IOC) shed 2.55% or 4.15 points to 158.70.

The top performers on the BSE Sensex 30 were Tata Motors Ltd DVR (BO:TAMdv) which rose 7.75% to 92.45, Tata Motors Ltd (BO:TAMO) which was up 7.37% to settle at 187.15 and Vedanta Ltd (BO:VDAN) which gained 2.86% to close at 189.00.

The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 2.22% to 1742.55 in late trade, Mahindra & Mahindra Ltd. (BO:MAHM) which lost 1.66% to settle at 660.65 and AXIS Bank Ltd. (BO:AXBK) which was down 1.42% to 765.10 at the close.

Advancing stocks outnumbered falling ones by 1146 to 465 and 56 ended unchanged; on the Bombay Stock Exchange, 1634 rose and 887 declined, while 142 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 4.77% to 18.0050 a new 1-month high.

In commodities trading, Gold Futures for June delivery was down 0.32% or 4.15 to $1294.35 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.67% or 0.40 to hit $60.54 a barrel, while the June Brent oil contract rose 1.14% or 0.77 to trade at $68.35 a barrel.

USD/INR was down 0.26% to 69.263, while EUR/INR rose 0.35% to 77.8920.

The US Dollar Index Futures was down 0.17% at 96.678.

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