India stocks lower at close of trade; Nifty 50 down 1.56%

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 1.56%, while the index declined 1.54%.

The best performers of the session on the were Apollo Hospitals Enterprises Ltd. (NS:), which rose 1.79% or 130.80 points to trade at 7,429.15 at the close. Meanwhile, Tata Consumer Products Ltd (NS:) added 0.79% or 7.45 points to end at 946.90 and Titan Company Ltd (NS:) was up 0.54% or 18.75 points to 3,470.40 in late trade.

The worst performers of the session were ITC Ltd (NS:), which fell 8.09% or 38.95 points to trade at 442.65 at the close. Tata Steel Ltd (NS:) declined 4.47% or 6.18 points to end at 132.18 and Trent Ltd (NS:) was down 4.23% or 309.35 points to 6,998.35.

The top performers on the BSE Sensex 30 were Titan Company Ltd (BO:) which rose 0.77% to 3,475.65, Sun Pharmaceutical Industries Ltd. (BO:) which was up 0.01% to settle at 1,849.30 and Tech Mahindra Ltd (BO:) which lost 0.03% to close at 1,689.35.

The worst performers were Tata Steel Ltd (BO:) which was down 4.37% to 132.25 in late trade, NTPC Ltd (BO:) which lost 3.65% to settle at 327.45 and Kotak Mahindra Bank Ltd. (BO:) which was down 3.32% to 1,778.00 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 2088 to 209 and 125 ended unchanged; on the Bombay Stock Exchange, 3303 fell and 631 advanced, while 113 ended unchanged.

Shares in Apollo Hospitals Enterprises Ltd. (NS:) rose to all time highs; rising 1.79% or 130.80 to 7,429.15.

The , which measures the implied volatility of Nifty 50 options, was up 14.83% to 15.55 a new 1-month high.

Gold Futures for February delivery was down 0.41% or 10.90 to $2,643.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.01% or 0.01 to hit $73.95 a barrel, while the March Brent oil contract fell 0.04% or 0.03 to trade at $76.48 a barrel.

USD/INR was up 0.06% to 85.82, while EUR/INR rose 0.49% to 88.80.

The US Dollar Index Futures was down 0.30% at 108.47.