India stocks lower at close of trade; Nifty 50 down 0.67%

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Investing.com – India stocks were lower after the close on Monday, as losses in the HealthcareCapital Goods and Banking sectors led shares lower.

At the close in NSE, the Nifty 50 declined 0.67%, while the BSE Sensex 30 index lost 0.78%.

The best performers of the session on the Nifty 50 were JSW Steel Ltd (NS:JSTL), which rose 2.60% or 10.90 points to trade at 429.65 at the close. Meanwhile, Tech Mahindra Ltd (NS:TEML) added 2.33% or 23.40 points to end at 1026.65 and Tata Steel Ltd (NS:TISC) was up 2.28% or 16.45 points to 736.40 in late trade.

The worst performers of the session were Divi’s Laboratories Ltd. (NS:DIVI), which fell 2.91% or 102.05 points to trade at 3410.00 at the close. Hero MotoCorp Ltd (NS:HROM) declined 2.58% or 86.40 points to end at 3264.15 and Bajaj Finserv Ltd (NS:BJFS) was down 2.47% or 245.05 points to 9689.05.

The top performers on the BSE Sensex 30 were Tech Mahindra Ltd (BO:TEML) which rose 2.30% to 1027.00, Power Grid Corporation of India Ltd (BO:PGRD) which was up 1.57% to settle at 223.45 and IndusInd Bank Ltd. (BO:INBK) which gained 1.49% to close at 1038.35.

The worst performers were Bajaj Finserv Ltd (BO:BJFS) which was down 2.81% to 9669.85 in late trade, Bajaj Auto Ltd (BO:BAJA) which lost 2.17% to settle at 3666.10 and Bajaj Finance Ltd (BO:BJFN) which was down 2.09% to 5438.70 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1122 to 582 and 59 ended unchanged; on the Bombay Stock Exchange, 1759 fell and 1183 advanced, while 192 ended unchanged.

Shares in JSW Steel Ltd (NS:JSTL) rose to all time highs; rising 2.60% or 10.90 to 429.65.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.21% to 21.2275.

Gold Futures for April delivery was up 0.42% or 7.20 to $1727.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.43% or 0.28 to hit $65.89 a barrel, while the May Brent oil contract rose 0.40% or 0.28 to trade at $69.50 a barrel.

USD/INR was down 0.25% to 72.497, while EUR/INR fell 0.45% to 86.4640.

The US Dollar Index Futures was up 0.13% at 91.800.

India stocks lower at close of trade; Nifty 50 down 0.67%
 

Read more at : https://www.investing.com/news/stock-market-news/india-stocks-lower-at-close-of-trade-nifty-50-down-067-2446544

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