Indian Equities Close Higher; Nifty Gains 0.55% Led by Power, Auto and PSUs
Indian stock indices finished higher on Monday, with the Nifty 50 up 0.55% and the BSE Sensex 30 rising 0.58%. Gains were concentrated in Power, Auto and Public Sector Undertakings names, while several large-cap IT and metal stocks weighed on the market. Volatility eased, commodity moves were mixed and currency pairs showed modest moves.