India stocks lower at close of trade; Nifty 50 down 1.80%

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 lost 1.80% to hit a new 1-month low, while the index fell 1.64%.

The best performers of the session on the were Asian Paints Ltd. (NS:), which rose 1.26% or 42.80 points to trade at 3,438.05 at the close. Meanwhile, HCL Technologies Ltd (NS:) added 1.21% or 10.85 points to end at 906.70 and Infosys Ltd (NS:) was up 1.08% or 14.80 points to 1,380.25 in late trade.

The worst performers of the session were Tata Motors Ltd (NS:), which fell 6.05% or 25.60 points to trade at 397.50 at the close. Hindalco Industries Ltd. (NS:) declined 5.79% or 22.95 points to end at 373.40 and Adani Ports and Special Economic Zone Ltd (NS:) was down 5.52% or 50.40 points to 863.40.

The top performers on the BSE Sensex 30 were HCL Technologies Ltd (BO:) which rose 1.28% to 906.90, Asian Paints Ltd. (BO:) which was up 1.14% to settle at 3,432.50 and Infosys Ltd (BO:) which gained 1.06% to close at 1,379.75.

The worst performers were Maruti Suzuki India Ltd. (BO:) which was down 5.49% to 8,830.60 in late trade, Tata Steel Ltd (BO:) which lost 4.22% to settle at 99.85 and ITC Ltd (BO:) which was down 3.96% to 332.55 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1722 to 168 and 25 ended unchanged; on the Bombay Stock Exchange, 2808 fell and 633 advanced, while 117 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was up 6.31% to 21.89 a new 1-month high.

Gold Futures for December delivery was down 0.52% or 8.55 to $1,647.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.27% or 0.21 to hit $78.53 a barrel, while the December Brent oil contract fell 0.40% or 0.34 to trade at $84.69 a barrel.

USD/INR was up 0.38% to 81.57, while EUR/INR rose 0.04% to 78.76.

The US Dollar Index Futures was up 0.42% at 113.43.

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