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India stocks higher at close of trade; Nifty 50 up 0.59%

investing.com 02/12/2024 - 10:30 AM

Investing.com – India stocks were higher after the close on Monday, as gains in the Real Estate, Consumer Durables and Metals sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.59%, while the BSE Sensex 30 index climbed 0.57%.

The best performers of the session on the Nifty 50 were UltraTech Cement Ltd (NS:ULTC), which rose 3.98% or 446.40 points to trade at 11,648.55 at the close. Meanwhile, Apollo Hospitals Enterprises Ltd. (NS:APLH) added 3.47% or 236.90 points to end at 7,065.80 and Grasim Industries Ltd (NS:GRAS) was up 3.35% or 87.30 points to 2,693.55 in late trade.

The worst performers of the session were HDFC Life Insurance Company Ltd (NS:HDFL), which fell 2.67% or 17.55 points to trade at 640.20 at the close. Cipla Ltd. (NS:CIPL) declined 1.71% or 26.20 points to end at 1,507.70 and NTPC Ltd (NS:NTPC) was down 1.50% or 5.45 points to 358.20.

The top performers on the BSE Sensex 30 were UltraTech Cement Ltd (BO:ULTC) which rose 3.93% to 11,639.65, JSW Steel Ltd (BO:JSTL) which was up 2.47% to settle at 990.05 and Tech Mahindra Ltd (BO:TEML) which gained 1.81% to close at 1,742.55.

The worst performers were NTPC Ltd (BO:NTPC) which was down 1.46% to 358.55 in late trade, Hindustan Unilever Ltd. (BO:HLL) which lost 0.67% to settle at 2,479.50 and Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 0.67% to 1,755.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1588 to 919 and 150 ended unchanged; on the Bombay Stock Exchange, 2361 rose and 1521 declined, while 178 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.24% to 14.75.

Gold Futures for February delivery was down 0.82% or 21.96 to $2,659.04 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.81% or 0.55 to hit $68.55 a barrel, while the February Brent oil contract rose 0.81% or 0.58 to trade at $72.42 a barrel.

USD/INR was up 0.18% to 84.72, while EUR/INR fell 0.52% to 89.08.

The US Dollar Index Futures was up 0.45% at 106.31.




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