Investing.com – India stocks were lower after the close on Monday, as losses in the Banking, Technology and IT sectors led shares lower.
At the close in NSE, the Nifty 50 fell 0.56%, while the BSE Sensex 30 index declined 0.66%.
The best performers of the session on the Nifty 50 were Vedanta Ltd (NS:VDAN), which rose 6.65% or 6.90 points to trade at 110.70 at the close. Meanwhile, Cairn India Limited (NS:CAIL) added 3.69% or 5.35 points to end at 150.50 and Hindalco Industries Ltd. (NS:HALC) was up 2.39% or 2.30 points to 98.65 in late trade.
The worst performers of the session were ICICI Bank Ltd . (NS:ICBK), which fell 4.30% or 10.20 points to trade at 226.75 at the close. Punjab National Bank (NS:PNBK) declined 3.22% or 2.80 points to end at 84.15 and Dr. Reddy's Laboratories Ltd. (NS:REDY) was down 2.49% or 76.90 points to 3011.80.
The top performers on the BSE Sensex 30 were Vedanta Ltd (BO:VDAN) which rose 6.80% to 110.80, Hindalco Industries Ltd. (BO:HALC) which was up 2.39% to settle at 98.65 and Bharat Heavy Electricals Ltd. (BO:BHEL) which gained 1.91% to close at 127.80.
The worst performers were ICICI Bank Ltd. (BO:ICBK) which was down 4.08% to 226.95 in late trade, Dr. Reddy's Laboratories Ltd. (BO:REDY) which lost 2.66% to settle at 3012.10 and Bharti Airtel Ltd (BO:BRTI) which was down 1.64% to 357.85 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 742 to 693 and 66 ended unchanged; on the Bombay Stock Exchange, 433 fell and 404 advanced, while 25 ended unchanged.
The India Vix, which measures the implied volatility of Nifty 50 options, was up 3.36% to 17.0925.
Gold for June delivery was up 0.80% or 10.35 to $1300.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.72% or 0.33 to hit $45.59 a barrel, while the July Brent oil contract fell 1.03% or 0.49 to trade at $46.88 a barrel.
USD/INR was down 0.02% to 66.415, while EUR/INR rose 0.24% to 76.2610.
The US Dollar Index was down 0.14% at 92.89.