Investing.com – India stocks were lower after the close on Monday, as losses in the Real Estate, Metals and Banking sectors led shares lower.
At the close in NSE, the Nifty 50 lost 3.06% to hit a new 1-month low, while the BSE Sensex 30 index lost 3.00%.
The best performers of the session on the Nifty 50 were Tata Consultancy Services Ltd. (NS:TCS), which rose 1.05% or 38.80 points to trade at 3733.75 at the close. Meanwhile, Divi's Laboratories Ltd. (NS:DIVI) fell 0.33% or 14.25 points to end at 4277.00 and Cipla Ltd. (NS:CIPL) was down 0.38% or 3.60 points to 954.90 in late trade.
The worst performers of the session were JSW Steel Ltd (NS:JSTL), which fell 6.68% or 44.85 points to trade at 626.55 at the close. HDFC Life Insurance Company Ltd (NS:HDFL) declined 6.39% or 38.05 points to end at 557.30 and ITC Ltd (NS:ITC) was down 5.59% or 13.00 points to 219.45.
The top performers on the BSE Sensex 30 were Tata Consultancy Services Ltd. (BO:TCS) which rose 1.05% to 3734.25, Nestle India Ltd (BO:NEST) which was down 0.85% to settle at 17663.75 and Hindustan Unilever Ltd. (BO:HLL) which lost 1.34% to close at 2227.25.
The worst performers were ITC Ltd (BO:ITC) which was down 5.57% to 219.40 in late trade, Tata Steel Ltd (BO:TISC) which lost 5.49% to settle at 1185.90 and Housing Development Finance Corporation Ltd (BO:HDFC) which was down 5.33% to 2297.25 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1724 to 136 and 16 ended unchanged; on the Bombay Stock Exchange, 2896 fell and 554 advanced, while 117 ended unchanged.
Shares in HDFC Life Insurance Company Ltd (NS:HDFL) fell to 52-week lows; down 6.39% or 38.05 to 557.30. Shares in Housing Development Finance Corporation Ltd (BO:HDFC) fell to 52-week lows; losing 5.33% or 129.35 to 2297.25.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 23.01% to 22.9775 a new 6-months high.
Gold Futures for April delivery was up 0.75% or 13.75 to $1855.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.06% or 0.06 to hit $93.16 a barrel, while the April Brent oil contract rose 0.03% or 0.03 to trade at $94.47 a barrel.
USD/INR was up 0.28% to 75.557, while EUR/INR rose 0.01% to 85.4905.
The US Dollar Index Futures was up 0.18% at 96.245.