India stocks higher at close of trade; Nifty 50 up 0.58%

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Stock Markets 48 minutes ago (Sep 12, 2022 06:45AM ET)

India stocks higher at close of trade; Nifty 50 up 0.58% © Reuters India stocks higher at close of trade; Nifty 50 up 0.58%

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 0.58%, while the index added 0.54%.

The best performers of the session on the were Adani Ports and Special Economic Zone Ltd (NS:), which rose 3.49% or 31.65 points to trade at 938.50 at the close. Meanwhile, Titan Company Ltd (NS:) added 2.22% or 57.70 points to end at 2,661.15 and Tech Mahindra Ltd (NS:) was up 2.08% or 23.45 points to 1,150.10 in late trade.

The worst performers of the session were Coal India Ltd (NS:), which fell 2.57% or 6.10 points to trade at 231.50 at the close. Shree Cements Ltd. (NS:) declined 1.51% or 370.50 points to end at 24,135.10 and Nestle India Ltd (NS:) was down 0.85% or 161.15 points to 18,890.10.

The top performers on the BSE Sensex 30 were Titan Company Ltd (BO:) which rose 2.39% to 2,664.95, AXIS Bank Ltd. (BO:) which was up 2.08% to settle at 801.15 and Tech Mahindra Ltd (BO:) which gained 2.05% to close at 1,149.65.

The worst performers were Housing Development Finance Corporation Ltd (BO:) which was down 0.43% to 2,421.00 in late trade, HDFC Bank Ltd (BO:) which lost 0.40% to settle at 1,492.20 and Nestle India Ltd (BO:) which was down 0.33% to 18,972.10 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1155 to 716 and 51 ended unchanged; on the Bombay Stock Exchange, 2074 rose and 1358 declined, while 171 ended unchanged.

Shares in Adani Ports and Special Economic Zone Ltd (NS:) rose to all time highs; up 3.49% or 31.65 to 938.50.

The , which measures the implied volatility of Nifty 50 options, was up 1.24% to 17.94.

Gold Futures for December delivery was up 0.51% or 8.90 to $1,737.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.01% or 0.88 to hit $87.67 a barrel, while the November Brent oil contract rose 1.14% or 1.06 to trade at $93.90 a barrel.

USD/INR was down 0.12% to 79.56, while EUR/INR rose 0.87% to 80.64.

The US Dollar Index Futures was down 0.70% at 107.97.

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