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India stocks higher at close of trade; Nifty 50 up 0.44%

Published 06/10/2019, 06:45 AM
© Reuters.  India stocks higher at close of trade; Nifty 50 up 0.44%
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Investing.com – India stocks were higher after the close on Monday, as gains in the IT, Technology and Fast Moving Consumer Goods sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.44%, while the BSE Sensex 30 index gained 0.43%.

The best performers of the session on the Nifty 50 were Britannia Industries Ltd (NS:BRIT), which rose 3.47% or 100.70 points to trade at 2994.30 at the close. Meanwhile, Tech Mahindra Ltd (NS:TEML) added 2.41% or 18.10 points to end at 768.20 and Tata Consultancy Services Ltd. (NS:TCS) was up 2.17% or 47.35 points to 2231.50 in late trade.

The worst performers of the session were Bharat Petroleum Corp. Ltd. (NS:BPCL), which fell 3.26% or 13.15 points to trade at 389.65 at the close. Yes Bank Ltd (NS:YESB) declined 2.43% or 3.40 points to end at 135.90 and Coal India Ltd (NS:COAL) was down 2.22% or 5.90 points to 259.30.

The top performers on the BSE Sensex 30 were Tata Consultancy Services Ltd. (BO:TCS) which rose 2.39% to 2231.10, Infosys Ltd (BO:INFY) which was up 1.93% to settle at 753.60 and Bharti Airtel Ltd (BO:BRTI) which gained 1.60% to close at 362.45.

The worst performers were Yes Bank Ltd (BO:YESB) which was down 2.89% to 135.90 in late trade, Tata Motors Ltd (BO:TAMO) which lost 1.92% to settle at 166.15 and Coal India Ltd (BO:COAL) which was down 1.89% to 260.00 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1035 to 568 and 63 ended unchanged; on the Bombay Stock Exchange, 1578 fell and 928 advanced, while 167 ended unchanged.

Shares in Bharti Airtel Ltd (BO:BRTI) rose to 52-week highs; rising 1.60% or 5.70 to 362.45.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.79% to 14.9750 a new 3-months low.

Gold Futures for August delivery was down 1.04% or 13.95 to $1332.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.35% or 0.19 to hit $54.18 a barrel, while the August Brent oil contract unchanged 0.00% or 0.00 to trade at $63.29 a barrel.

USD/INR was up 0.26% to 69.573, while EUR/INR rose 0.14% to 78.6805.

The US Dollar Index Futures was up 0.30% at 96.782.

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