India shares lower at close of trade; Nifty 50 down 2.64%

  • Investing.com
  • Stock Market News
India shares lower at close of trade; Nifty 50 down 2.64%
Credit: © Reuters.

Investing.com – India equities were lower at the close on Monday, as losses in the IT , Technology and Metals sectors propelled shares lower.

At the close in NSE, the Nifty 50 declined 2.64% to hit a new 6-month low, while the BSE Sensex 30 index fell 2.68%.

The biggest gainers of the session on the Nifty 50 were Nestle India Ltd (NS: NEST ), which rose 0.49% or 81.60 points to trade at 16,856.50 at the close. Bajaj Auto Ltd (NS: BAJA ) added 0.08% or 3.00 points to end at 3,884.00 and Britannia Industries Ltd (NS: BRIT ) was down 0.03% or 0.85 points to 3,360.00 in late trade.

Biggest losers included Bajaj Finserv Ltd (NS: BJFS ), which lost 7.08% or 867.45 points to trade at 11,386.05 in late trade. Bajaj Finance Ltd (NS: BJFN ) declined 5.46% or 309.25 points to end at 5,358.25 and IndusInd Bank Ltd. (NS: INBK ) shed 5.23% or 47.75 points to 865.45.

The top performers on the BSE Sensex 30 were Nestle India Ltd (BO: NEST ) which rose 0.46% to 16,857.25, Maruti Suzuki India Ltd. (BO: MRTI ) which was down 0.17% to settle at 7,921.20 and Hindustan Unilever Ltd. (BO: HLL ) which lost 0.18% to close at 2,195.90.

The worst performers were Bajaj Finserv Ltd (BO: BJFS ) which was down 7.02% to 11,390.90 in late trade, Bajaj Finance Ltd (BO: BJFN ) which lost 5.44% to settle at 5,359.55 and IndusInd Bank Ltd. (BO: INBK ) which was down 5.27% to 864.20 at the close.

Declining stocks outnumbered rising ones by 1710 to 157 and 32 ended unchanged; on the Bombay Stock Exchange, 2742 fell and 643 advanced, while 115 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was up 14.25% to 22.36.

In commodities trading, Gold Futures for August delivery was down 0.82% or 15.40 to $1,860.10 a troy ounce. Meanwhile, Crude oil for delivery in July fell 1.43% or 1.73 to hit $118.94 a barrel, while the August Brent oil contract fell 1.34% or 1.63 to trade at $120.38 a barrel.

USD/INR was down 0.14% to 78.04, while EUR/INR fell 0.53% to 81.70.

The US Dollar Index Futures was up 0.53% at 104.57.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100