Market Overview
Indian equities closed higher on Monday, with the NSE Nifty 50 gaining 0.66% to reach a new one‑month high and the BSE Sensex 30 adding 0.67%.
Index Performance
The Nifty 50’s rise of 0.66% was driven by sectoral strength in Real Estate, Capital Goods and Consumer Durables. The Sensex mirrored the upward momentum, ending 0.67% higher.
Sector Performance
Real Estate, Capital Goods and Consumer Durables were the leading sectors, each contributing to the overall market uplift.
Top Gainers
- IndusInd Bank Ltd (NSE) rose 3.76% (36.65 points) to close at 1,011.00, also hitting a 52‑week high.
- HDFC Bank Ltd (NSE) added 3.36% (26.95 points) to finish at 828.00.
- Hindalco Industries Ltd (NSE) was up 2.71% (25.80 points) to 979.00.
- On the BSE, IndusInd Bank gained 3.52% to 1,010.00, HDFC Bank rose 3.37% to 828.00, and Mahindra & Mahindra Ltd increased 2.04% to 3,202.00.
Top Losers
- Kotak Mahindra Bank Ltd (NSE) fell 3.94% (15.65 points) to 381.10.
- Tata Consultancy Services Ltd (NSE) declined 1.65% (34.50 points) to 2,059.00.
- Coal India Ltd (NSE) dropped 1.48% (6.50 points) to 432.20.
- On the BSE, Kotak Mahindra Bank slipped 3.93% to 381.10, TCS lost 1.61% to 2,059.00, and Bajaj Finserv Ltd decreased 0.99% to 1,876.90.
Market Breadth
Advancing‑vs‑declining stocks showed a net negative bias: 1,431 decliners versus 1,139 advancers on the NSE, with 47 stocks unchanged. On the BSE, 2,201 stocks fell, 1,867 rose and 191 remained unchanged.
Volatility Indicator
The India VIX, measuring implied volatility of Nifty 50 options, rose 0.45% to 11.85, indicating a modest increase in market uncertainty.
Commodity Prices
- Gold Futures (August) increased 0.91% (37.41 points) to $4,163.11 per troy ounce.
- Crude Oil (August) fell 0.57% (0.39 dollars) to $68.30 per barrel.
- Brent Oil (September) also slipped 0.57% (0.41 dollars) to $71.71 per barrel.
Foreign Exchange and US Dollar Index
- The USD/INR rate rose 0.26% to 95.46.
- The EUR/INR rate edged up 0.02% to 108.91.
- US Dollar Index Futures were up 0.23% at 100.85.