India stocks higher at close of trade; Nifty 50 up 0.41%

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 added 0.41%, while the index gained 0.35%.

The best performers of the session on the were Divi’s Laboratories Ltd. (NS:), which rose 4.41% or 165.15 points to trade at 3,910.55 at the close. Meanwhile, Mahindra & Mahindra Ltd. (NS:) added 4.25% or 62.25 points to end at 1,526.90 and SBI Life Insurance Company Ltd (NS:) was up 2.73% or 34.65 points to 1,302.55 in late trade.

The worst performers of the session were Britannia Industries Ltd (NS:), which fell 2.68% or 128.50 points to trade at 4,670.00 at the close. State Bank Of India (NS:) declined 0.94% or 5.40 points to end at 567.90 and Tata Motors Ltd (NS:) was down 0.89% or 5.50 points to 609.50.

The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:) which rose 4.23% to 1,527.00, Sun Pharmaceutical Industries Ltd. (BO:) which was up 2.03% to settle at 1,161.90 and LTIMindtree Ltd (BO:) which gained 1.68% to close at 5,025.10.

The worst performers were State Bank Of India (BO:) which was down 0.94% to 567.85 in late trade, Kotak Mahindra Bank Ltd. (BO:) which lost 0.43% to settle at 1,831.35 and Axis Bank Ltd. (BO:) which was down 0.43% to 948.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1098 to 926 and 48 ended unchanged; on the Bombay Stock Exchange, 1940 rose and 1619 declined, while 196 ended unchanged.

Shares in Sun Pharmaceutical Industries Ltd. (BO:) rose to 5-year highs; gaining 2.03% or 23.10 to 1,161.90.

The , which measures the implied volatility of Nifty 50 options, was up 5.01% to 11.10.

Gold Futures for December delivery was down 0.38% or 7.50 to $1,968.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.11% or 0.92 to hit $81.90 a barrel, while the October Brent oil contract fell 1.06% or 0.91 to trade at $85.33 a barrel.

USD/INR was up 0.09% to 82.76, while EUR/INR rose 0.19% to 90.79.

The US Dollar Index Futures was up 0.32% at 102.16.