India stocks higher at close of trade; Nifty 50 up 1.61% By

© Reuters India stocks higher at close of trade; Nifty 50 up 1.61% – India stocks were higher after the close on Monday, as gains in the , and sectors led shares higher.

At the close in NSE, the gained 1.61% to hit a new all time high, while the index gained 1.68%.

The best performers of the session on the were Bharti Airtel Ltd. (NS:), which rose 5.13% or 23.10 points to trade at 473.00 at the close. Meanwhile, IndusInd Bank Ltd. (NS:) added 4.93% or 36.40 points to end at 775.05 and ICICI Bank Ltd (NS:) was up 4.86% or 21.50 points to 464.30 in late trade.

The worst performers of the session were Cipla Ltd. (NS:), which fell 2.91% or 22.95 points to trade at 767.00 at the close. Adani Port and Special Economic Zone Ltd (NS:) declined 1.12% or 4.15 points to end at 366.95 and Zee Entertainment Enterprises Ltd. (NS:) was down 0.67% or 1.30 points to 191.80.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:) which rose 4.92% to 471.90, IndusInd Bank Ltd. (BO:) which was up 4.83% to settle at 774.40 and ICICI Bank Ltd (BO:) which gained 4.42% to close at 462.70.

The worst performers were Maruti Suzuki India Ltd. (BO:) which was down 0.63% to 6862.00 in late trade, ITC Ltd (BO:) which lost 0.55% to settle at 173.00 and Bajaj Finserv Ltd (BO:) which was down 0.07% to 6276.20 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 942 to 664 and 95 ended unchanged; on the Bombay Stock Exchange, 1443 rose and 1159 declined, while 184 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 1.88% to 20.1125 a new 1-month low.

Gold Futures for December delivery was up 0.40% or 7.80 to $1959.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.45% or 0.91 to hit $38.05 a barrel, while the January Brent oil contract rose 2.33% or 0.92 to trade at $40.37 a barrel.

USD/INR was up 0.17% to 74.101, while EUR/INR rose 0.16% to 87.9985.

The US Dollar Index Futures was up 0.11% at 92.323.

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