India shares higher at close of trade; Nifty 50 up 0.40%

India equities were higher at the close on Monday, as gains in the Power, Real Estate and Public Sector Undertakings sectors propelled shares higher.

At the close in NSE, the Nifty 50 gained 0.40%, while the BSE Sensex 30 index gained 0.44%.

The biggest gainers of the session on the Nifty 50 were Adani Ports and Special Economic Zone Ltd (NS:APSE), which rose 5.29% or 36.70 points to trade at 731.05 at the close. NTPC Ltd (NS:NTPC) added 3.92% or 4.45 points to end at 118.00 and Titan Company Ltd (NS:TITN) was up 1.84% or 31.55 points to 1742.85 in late trade.

Biggest losers included UPL Ltd (NS:UPLL), which lost 4.43% or 35.80 points to trade at 772.20 in late trade. Wipro Ltd (NS:WIPR) declined 1.39% or 7.65 points to end at 542.15 and Hindalco Industries Ltd. (NS:HALC) shed 1.01% or 3.75 points to 367.60.

The top performers on the BSE Sensex 30 were NTPC Ltd (BO:NTPC) which rose 3.87% to 117.95, Titan Company Ltd (BO:TITN) which was up 1.87% to settle at 1740.85 and State Bank Of India (BO:SBI) which gained 1.64% to close at 419.55.

The worst performers were Maruti Suzuki India Ltd. (BO:MRTI) which was down 0.82% to 6901.50 in late trade, Tata Consultancy Services Ltd. (BO:TCS) which lost 0.74% to settle at 3272.45 and Tech Mahindra Ltd (BO:TEML) which was down 0.71% to 1063.20 at the close.

Advancing stocks outnumbered falling ones by 1076 to 645 and 45 ended unchanged; on the Bombay Stock Exchange, 1950 rose and 1202 declined, while 146 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.77% to 15.0600.

In commodities trading, Gold Futures for August delivery was up 0.81% or 14.25 to $1783.25 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.21% or 0.15 to hit $71.44 a barrel, while the August Brent oil contract rose 0.11% or 0.08 to trade at $73.59 a barrel.

USD/INR was up 0.02% to 74.112, while EUR/INR rose 0.30% to 88.1445.

The US Dollar Index Futures was down 0.17% at 92.055.