India stocks higher at close of trade; Nifty 50 up 0.29%
India's stock market closed higher on Monday, with the Nifty 50 up 0.29% and the BSE Sensex 30 gaining 0.76%. The Real Estate, Consumer Durables, and Oil & Gas sectors contributed to the gains. Eternal Ltd led the Nifty 50 gainers, rising 2.62% to close at 335.40, while HCL Technologies Ltd added 2.54% to 1,281.00 and Hero MotoCorp Ltd increased 2.39% to 5,412.00.
The Nifty 50's worst performers were Bharti Airtel Ltd, which dropped 3.27% to 1,831.40, followed by Adani Ports and Special Economic Zone Ltd and Bajaj Finance Ltd. On the BSE Sensex, UltraTech Cement Ltd, HCL Technologies Ltd, and Nestle India Ltd were the top gainers, while Bharti Airtel Ltd, Power Grid Corporation of India Ltd, and Infosys Ltd were the worst performers.
The India VIX, a measure of implied volatility, decreased by 1.03% to 11.27, and gold futures for December delivery fell 0.83% to $4,388.05 per troy ounce. Crude oil and Brent oil prices also declined, while USD/INR and EUR/INR weakened. The US Dollar Index Futures gained 0.09%.
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