2 months ago
Stock Market

India stocks lower at close of trade; Nifty 50 down 0.84%

Investing.com – India stocks were lower after the close on Monday, as losses in the Real Estate, Metals and Consumer

Investing.com – India stocks were lower after the close on Monday, as losses in the Real Estate, Metals and Consumer Durables sectors led shares lower.

At the close in NSE, the Nifty 50 declined 0.84%, while the BSE Sensex 30 index fell 0.76%.

The best performers of the session on the Nifty 50 were Wipro Ltd (NS:WIPR), which rose 1.23% or 3.95 points to trade at 326.70 at the close. Meanwhile, Tata Consultancy Services Ltd. (NS:TCS) added 1.38% or 26.20 points to end at 1918.50 and Bharti Infratel Ltd (NS:BHRI) was up 1.94% or 5.05 points to 262.55 in late trade.

The worst performers of the session were Hero MotoCorp Ltd (NS:HROM), which fell 4.76% or 158.15 points to trade at 3168.40 at the close. Indian Oil Corporation Ltd (NS:IOC) declined 3.11% or 4.35 points to end at 135.05 and Bajaj Auto Ltd (NS:BAJA) was down 2.86% or 80.45 points to 2724.65.

The top performers on the BSE Sensex 30 were Wipro Ltd (BO:WIPR) which rose 2.46% to 327.30, Mahindra&Mahindra Ltd. (BO:MAHM) which was up 1.03% to settle at 788.40 and Tata Consultancy Services Ltd. (BO:TCS) which gained 0.96% to close at 1915.55.

The worst performers were Hero MotoCorp Ltd (BO:HROM) which was down 4.27% to 3178.25 in late trade, Bajaj Auto Ltd (BO:BAJA) which lost 3.11% to settle at 2724.00 and NTPC Ltd (BO:NTPC) which was down 2.55% to 146.85 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1125 to 465 and 58 ended unchanged; on the Bombay Stock Exchange, 1612 fell and 864 advanced, while 136 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.52% to 15.7500.

Gold Futures for February delivery was up 0.52% or 6.55 to $1264.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.33% or 0.15 to hit $45.44 a barrel, while the March Brent oil contract fell 0.17% or 0.09 to trade at $54.01 a barrel.

USD/INR was down 0.45% to 70.025, while EUR/INR rose 0.21% to 79.9180.

The US Dollar Index Futures was down 0.21% at 96.248.