Indian Stock Market Update

Overview

Investing.com – India stocks were higher after the close on Monday, with gains in the Real Estate, Banking, and Oil & Gas sectors driving share prices up.

At the close in the NSE, the Nifty 50 added 0.66%, while the BSE Sensex 30 index gained 0.62%.

Top Performers

Nifty 50

• JSW Steel Ltd (NS:JSTL): +2.15% (19.70 points) to 937.05
• ITC Ltd (NS:ITC): +2.07% (9.60 points) to 474.25
• Hindalco Industries Ltd. (NS:HALC): +1.85% (11.50 points) to 634.15

BSE Sensex 30

• JSW Steel Ltd (BO:JSTL): +2.11% to 937.85
• ITC Ltd (BO:ITC): +2.10% to 474.35
• Tech Mahindra Ltd (BO:TEML): +1.81% to 1,715.75

Worst Performers

Nifty 50

• Hero MotoCorp Ltd (NS:HROM): -1.55% (67.35 points) to 4,272.60
• Maruti Suzuki India Ltd. (NS:MRTI): -0.73% (79.05 points) to 10,822.00
• Nestle India Ltd (NS:NEST): -0.55% (11.90 points) to 2,151.60

BSE Sensex 30

• Maruti Suzuki India Ltd. (BO:MRTI): -0.89% to 10,808.00
• HCL Technologies Ltd (BO:HCLT): -0.52% to 1,901.35
• Bajaj Finserv Ltd (BO:BJFS): -0.45% to 1,562.00

Market Statistics

• Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1585 to 937 with 147 unchanged.
• On the Bombay Stock Exchange, 2365 declined and 1535 advanced, while 132 ended unchanged.

Shares in Nestle India Ltd (NS:NEST) fell to 52-week lows, down 0.55% or 11.90 to 2,151.60.

Volatility and Commodity Prices

The India VIX, which measures the implied volatility of Nifty 50 options, decreased 9.99% to 13.57.

Gold Futures for February delivery decreased 0.26% or 6.76 to $2,638.34 per troy ounce. In other commodities trading, crude oil for February delivery saw a decrease of 0.20% or 0.14 to $69.32 per barrel, while the March Brent oil contract fell 0.17% or 0.12 to $72.44 per barrel.

Currency Exchange

• USD/INR was up 0.21% to 85.13
• EUR/INR fell 0.06% to 88.54
• The US Dollar Index Futures increased 0.41% to 107.79.