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India stocks higher at close of trade; Nifty 50 up 0.96%

Published 01/11/2021, 05:45 AM
© Reuters India stocks higher at close of trade; Nifty 50 up 0.96%
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Investing.com – India stocks were higher after the close on Monday, as gains in the IT, Technology and Auto sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.96% to hit a new all time high, while the BSE Sensex 30 index climbed 1.00%.

The best performers of the session on the Nifty 50 were Tata Motors Ltd (NS:TAMO), which rose 11.36% or 22.50 points to trade at 220.65 at the close. Meanwhile, HCL Technologies Ltd (NS:HCLT) added 6.08% or 60.45 points to end at 1055.10 and Infosys Ltd (NS:INFY) was up 4.89% or 64.10 points to 1376.20 in late trade.

The worst performers of the session were Tata Steel Ltd (NS:TISC), which fell 2.45% or 17.50 points to trade at 695.65 at the close. Bajaj Finserv Ltd (NS:BJFS) declined 2.02% or 185.50 points to end at 8986.10 and Bajaj Finance Ltd (NS:BJFN) was down 1.92% or 97.75 points to 4984.25.

The top performers on the BSE Sensex 30 were HCL Technologies Ltd (BO:HCLT) which rose 5.93% to 1053.45, Infosys Ltd (BO:INFY) which was up 4.72% to settle at 1373.70 and Housing Development Finance Corporation Ltd (BO:HDFC) which gained 3.54% to close at 2747.30.

The worst performers were Bajaj Finance Ltd (BO:BJFN) which was down 1.90% to 4984.15 in late trade, Reliance Industries Ltd (BO:RELI) which lost 1.86% to settle at 1897.00 and Bajaj Finserv Ltd (BO:BJFS) which was down 1.81% to 9004.30 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1021 to 665 and 51 ended unchanged; on the Bombay Stock Exchange, 1627 fell and 1395 advanced, while 138 ended unchanged.

Shares in Tata Motors Ltd (NS:TAMO) rose to 52-week highs; up 11.36% or 22.50 to 220.65. Shares in HCL Technologies Ltd (NS:HCLT) rose to all time highs; up 6.08% or 60.45 to 1055.10. Shares in Infosys Ltd (NS:INFY) rose to all time highs; gaining 4.89% or 64.10 to 1376.20. Shares in HCL Technologies Ltd (BO:HCLT) rose to all time highs; rising 5.93% or 59.00 to 1053.45. Shares in Infosys Ltd (BO:INFY) rose to all time highs; up 4.72% or 61.90 to 1373.70. Shares in Housing Development Finance Corporation Ltd (BO:HDFC) rose to all time highs; rising 3.54% or 93.90 to 2747.30.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 8.44% to 22.3825.

Gold Futures for February delivery was up 0.78% or 14.30 to $1849.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.92% or 0.48 to hit $51.76 a barrel, while the March Brent oil contract fell 1.46% or 0.82 to trade at $55.17 a barrel.

USD/INR was up 0.14% to 73.434, while EUR/INR fell 0.33% to 89.3180.

The US Dollar Index Futures was up 0.42% at 90.450.

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