Investing.com – India stocks were lower after the close on Monday, as losses in the IT, Technology and Public Sector Undertakings sectors led shares lower.
At the close in NSE, the Nifty 50 lost 0.84%, while the BSE Sensex 30 index lost 0.84%.
The best performers of the session on the Nifty 50 were Grasim Industries Ltd (NS:GRAS), which rose 1.22% or 13.40 points to trade at 1111.45 at the close. Meanwhile, AXIS Bank Ltd (NS:AXBK) added 0.90% or 4.40 points to end at 494.80 and Mahindra & Mahindra Ltd. (NS:MAHM) was up 0.62% or 8.55 points to 1378.55 in late trade.
The worst performers of the session were Infosys Ltd (NS:INFY), which fell 5.40% or 49.85 points to trade at 873.40 at the close. Bank of Baroda Ltd (NS:BOB) declined 3.46% or 5.10 points to end at 142.10 and Indian Oil Corporation Ltd. (NS:IOC) was down 3.31% or 14.15 points to 413.20.
The top performers on the BSE Sensex 30 were AXIS Bank Ltd. (BO:AXBK) which rose 0.70% to 494.15, Tata Consultancy Services Ltd. (BO:TCS) which was up 0.34% to settle at 2521.40 and Mahindra & Mahindra Ltd. (BO:MAHM) which gained 0.27% to close at 1374.85.
The worst performers were Infosys Ltd (BO:INFY) which was down 5.37% to 873.50 in late trade, Adani Port and Special Economic Zone Ltd (BO:APSE) which lost 2.74% to settle at 376.05 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 2.51% to 1933.15 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1099 to 457 and 11 ended unchanged; on the Bombay Stock Exchange, 1701 fell and 843 advanced, while 116 ended unchanged.
Shares in Infosys Ltd (NS:INFY) fell to 3-years lows; down 5.40% or 49.85 to 873.40. Shares in Bank of Baroda Ltd (NS:BOB) fell to 52-week lows; down 3.46% or 5.10 to 142.10. Shares in Infosys Ltd (BO:INFY) fell to 3-years lows; down 5.37% or 49.60 to 873.50. Shares in Dr. Reddy’s Laboratories Ltd (BO:REDY) fell to 3-years lows; losing 2.51% or 49.75 to 1933.15.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.68% to 14.8150.
Gold Futures for December delivery was up 0.11% or 1.39 to $1292.99 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.29% or 0.14 to hit $48.80 a barrel, while the October Brent oil contract fell 0.09% or 0.05 to trade at $52.67 a barrel.
USD/INR was up 0.04% to 64.110, while EUR/INR fell 0.06% to 75.3326.
The US Dollar Index Futures was up 0.02% at 93.38.