India shares lower at close of trade; Nifty 50 down 0.36%

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India shares lower at close of trade; Nifty 50 down 0.36%
Credit: © Reuters. – India equities were lower at the close on Monday, as losses in the IT , Technology and Oil & Gas sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 0.36%, while the BSE Sensex 30 index fell 0.44%.

The biggest gainers of the session on the Nifty 50 were Aurobindo Pharma Ltd. (NS: ARBN ), which rose 2.54% or 17.45 points to trade at 705.00 at the close. Grasim Industries Ltd (NS: GRAS ) added 2.16% or 22.45 points to end at 1063.85 and Bharat Heavy Electricals Ltd. (NS: BHEL ) was up 1.69% or 2.85 points to 171.50 in late trade.

Biggest losers included Idea Cellular Ltd (NS: IDEA ), which lost 10.08% or 10.90 points to trade at 97.20 in late trade. AXIS Bank Ltd. (NS: AXBK ) declined 2.83% or 14.65 points to end at 502.50 and Tata Consultancy Services Ltd. (NS: TCS ) shed 1.97% or 49.65 points to 2476.10.

The top performers on the BSE Sensex 30 were NTPC Limited (BO: NTPC ) which rose 0.87% to 161.50, Bharti Airtel Ltd (BO: BRTI ) which was up 0.76% to settle at 349.45 and Coal India Limited (BO: COAL ) which gained 0.76% to close at 291.95.

The worst performers were AXIS Bank Ltd. (BO: AXBK ) which was down 2.41% to 504.55 in late trade, ICICI Bank Ltd. (BO: ICBK ) which lost 1.99% to settle at 275.15 and Infosys Ltd (BO: INFY ) which was down 1.87% to 1020.60 at the close.

Declining stocks outnumbered rising ones by 778 to 724 and 75 ended unchanged; on the Bombay Stock Exchange, 1426 fell and 1324 advanced, while 187 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was up 1.39% to 12.0175.

In commodities trading, Gold Futures for April delivery was up 0.22% or 2.65 to $1232.85 a troy ounce. Meanwhile, Crude oil for delivery in May fell 1.32% or 0.65 to hit $48.66 a barrel, while the May Brent oil contract fell 1.14% or 0.59 to trade at $51.17 a barrel.

USD/INR was down 0.17% to 65.376, while EUR/INR rose 0.03% to 70.3218.

The US Dollar Index Futures was down 0.09% at 100.05.

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