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

Published 04/16/2018, 06:45 AM
India stocks higher at close of trade; Nifty 50 up 0.46%
NSEI
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NIFVIX
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CIPL
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GRAS
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HROM
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INFY
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KTKM
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APSE
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TAMO
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UPLL
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WIPR
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BSESN
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BSESCGIP
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BSESHLIP
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BSEREAL
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TAMdv
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Investing.com – India stocks were higher after the close on Monday, as gains in the Real Estate, Healthcare and Fast Moving Consumer Goods sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.46% to hit a new 1-month high, while the BSE Sensex 30 index climbed 0.33%.

The best performers of the session on the Nifty 50 were Cipla Ltd. (NS:CIPL), which rose 5.32% or 29.55 points to trade at 584.95 at the close. Meanwhile, Grasim Industries Ltd (NS:GRAS) added 2.90% or 30.80 points to end at 1092.40 and UPL Ltd (NS:UPLL) was up 2.08% or 15.55 points to 763.60 in late trade.

The worst performers of the session were Tata Motors Ltd (NS:TAMO), which fell 4.78% or 17.05 points to trade at 339.15 at the close. Infosys Ltd (NS:INFY) declined 3.15% or 36.95 points to end at 1133.20 and Wipro Ltd (NS:WIPR) was down 1.65% or 4.85 points to 289.90.

The top performers on the BSE Sensex 30 were Hero MotoCorp Ltd (BO:HROM) which rose 2.02% to 3805.00, Kotak Mahindra Bank Ltd. (BO:KTKM) which was up 1.88% to settle at 1170.05 and Adani Port and Special Economic Zone Ltd (BO:APSE) which gained 1.85% to close at 389.00.

The worst performers were Tata Motors Ltd (BO:TAMO) which was down 4.96% to 338.95 in late trade, Tata Motors Ltd DVR (BO:TAMdv) which lost 4.59% to settle at 193.50 and Infosys Ltd (BO:INFY) which was down 3.10% to 1132.80 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 852 to 744 and 51 ended unchanged; on the Bombay Stock Exchange, 1387 fell and 1223 advanced, while 183 ended unchanged.

Shares in Kotak Mahindra Bank Ltd. (BO:KTKM) rose to all time highs; gaining 1.88% or 21.55 to 1170.05.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.85% to 14.2600.

Gold Futures for June delivery was down 0.07% or 1.00 to $1346.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 1.04% or 0.70 to hit $66.69 a barrel, while the June Brent oil contract fell 1.10% or 0.80 to trade at $71.78 a barrel.

USD/INR was up 0.34% to 65.435, while EUR/INR rose 0.55% to 80.9107.

The US Dollar Index Futures was down 0.29% at 89.25.

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