India stocks lower at close of trade; Nifty 50 down 1.91%

Investing.com – India stocks were lower after the close on Monday, as losses in the , and sectors led shares lower.

At the close in NSE, the fell 1.91%, while the index declined 1.90%.

The best performers of the session on the were Titan Company Ltd (NS:), which rose 1.52% or 17.30 points to trade at 1158.60 at the close. Meanwhile, Wipro Ltd (NS:) added 0.34% or 0.85 points to end at 252.15 and Power Grid Corporation of India Ltd (NS:) was down 0.21% or 0.40 points to 193.10 in late trade.

The worst performers of the session were Bajaj Finance Ltd (NS:), which fell 4.52% or 189.45 points to trade at 3996.70 at the close. Vedanta Ltd (NS:) declined 4.47% or 7.05 points to end at 150.55 and Zee Entertainment Enterprises Ltd. (NS:) was down 4.46% or 12.20 points to 261.50.

The top performers on the BSE Sensex 30 were Power Grid Corporation of India Ltd (BO:) which rose 0.10% to 193.15, Tata Consultancy Services Ltd. (BO:) which was down 0.02% to settle at 2200.00 and Kotak Mahindra Bank Ltd. (BO:) which lost 0.26% to close at 1653.50.

The worst performers were Bajaj Finance Ltd (BO:) which was down 4.63% to 3998.20 in late trade, Vedanta Ltd (BO:) which lost 4.47% to settle at 150.65 and State Bank Of India (BO:) which was down 4.43% to 318.95 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1311 to 250 and 71 ended unchanged; on the Bombay Stock Exchange, 1856 fell and 575 advanced, while 167 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was up 16.40% to 14.7775 a new 1-month high.

Gold Futures for February delivery was up 1.70% or 26.35 to $1578.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.02% or 0.64 to hit $63.69 a barrel, while the March Brent oil contract rose 1.27% or 0.87 to trade at $69.47 a barrel.

USD/INR was up 0.31% to 71.980, while EUR/INR rose 0.58% to 80.5820.

The US Dollar Index Futures was down 0.24% at 96.287.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.