Investing.com – India stocks were lower after the close on Monday, as losses in the Metals, Power and Public Sector Undertakings sectors led shares lower.
At the close in NSE, the Nifty 50 declined 1.06%, while the BSE Sensex 30 index lost 1.10%.
The best performers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd (NS:REDY), which rose 5.56% or 168.60 points to trade at 3200.00 at the close. Meanwhile, Mahindra & Mahindra Ltd. (NS:MAHM) added 1.87% or 10.60 points to end at 578.35 and Cipla Ltd. (NS:CIPL) was up 1.17% or 5.35 points to 464.20 in late trade.
The worst performers of the session were Vedanta Ltd (NS:VDAN), which fell 4.84% or 7.55 points to trade at 148.35 at the close. Tata Steel Ltd (NS:TISC) declined 4.73% or 22.85 points to end at 460.55 and JSW Steel Ltd (NS:JSTL) was down 4.25% or 11.55 points to 260.35.
The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:MAHM) which rose 1.85% to 578.30, UltraTech Cement Ltd (BO:ULTC) which was up 1.05% to settle at 4690.00 and Tech Mahindra Ltd (BO:TEML) which gained 0.50% to close at 791.30.
The worst performers were Tata Steel Ltd (BO:TISC) which was down 4.31% to 462.40 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 3.37% to settle at 1271.60 and HDFC Bank Ltd (BO:HDBK) which was down 2.51% to 1212.90 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 950 to 586 and 105 ended unchanged; on the Bombay Stock Exchange, 1411 fell and 1011 advanced, while 150 ended unchanged.
Shares in Dr. Reddy’s Laboratories Ltd (NS:REDY) rose to 3-years highs; gaining 5.56% or 168.60 to 3200.00.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 10.38% to 17.1750 a new 3-months high.
Gold Futures for February delivery was up 0.78% or 12.25 to $1584.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 3.34% or 1.81 to hit $52.38 a barrel, while the April Brent oil contract fell 3.24% or 1.94 to trade at $57.95 a barrel.
USD/INR was up 0.21% to 71.470, while EUR/INR rose 0.24% to 78.8055.
The US Dollar Index Futures was up 0.02% at 97.672.