India shares lower at close of trade; Nifty 50 down 0.56%

  • Investing.com
  • Stock Market News
India shares lower at close of trade; Nifty 50 down 0.56%

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

At the close in NSE, the Nifty 50 lost 0.56%, while the BSE Sensex 30 index declined 0.66%.

The biggest gainers of the session on the Nifty 50 were Vedanta Ltd (NS: VDAN ), which rose 6.65% or 6.90 points to trade at 110.70 at the close. Cairn India Limited (NS: CAIL ) added 3.69% or 5.35 points to end at 150.50 and Hindalco Industries Ltd. (NS: HALC ) was up 2.39% or 2.30 points to 98.65 in late trade.

Biggest losers included ICICI Bank Ltd . (NS: ICBK ), which lost 4.30% or 10.20 points to trade at 226.75 in late trade. Punjab National Bank (NS: PNBK ) declined 3.22% or 2.80 points to end at 84.15 and Dr. Reddy's Laboratories Ltd. (NS: REDY ) shed 2.49% or 76.90 points to 3011.80.

The top performers on the BSE Sensex 30 were Vedanta Ltd (BO: VDAN ) which rose 6.80% to 110.80, Hindalco Industries Ltd. (BO: HALC ) which was up 2.39% to settle at 98.65 and Bharat Heavy Electricals Ltd. (BO: BHEL ) which gained 1.91% to close at 127.80.

The worst performers were ICICI Bank Ltd. (BO: ICBK ) which was down 4.08% to 226.95 in late trade, Dr. Reddy's Laboratories Ltd. (BO: REDY ) which lost 2.66% to settle at 3012.10 and Bharti Airtel Ltd (BO: BRTI ) which was down 1.64% to 357.85 at the close.

Declining stocks outnumbered rising ones by 742 to 693 and 66 ended unchanged; on the Bombay Stock Exchange, 433 fell and 404 advanced, while 25 ended unchanged on the India National Stock Exchange.

The India Vix , which measures the implied volatility of Nifty 50 options, was up 3.36% to 17.0925.

In commodities trading, Gold for June delivery was up 0.80% or 10.30 to $1300.80 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.72% or 0.33 to hit $45.59 a barrel, while the July Brent oil contract fell 1.03% or 0.49 to trade at $46.88 a barrel.

USD/INR was down 0.02% to 66.415, while EUR/INR rose 0.24% to 76.2610.

The US Dollar Index was down 0.14% at 92.89.

Add Chart to Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

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

Error: File type not supported

Drop an image here or

100
Please try another search