India stocks lower at close of trade; Nifty 50 down 1.23%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 declined 1.23% to hit a new 3-months low, while the index lost 1.13%.
The best performers of the session on the were Bharti Airtel Ltd. (NS:), which rose 4.53% or 15.55 points to trade at 357.70 at the close. Meanwhile, Tata Consultancy Services Ltd. (NS:) added 1.57% or 34.70 points to end at 2248.60 and Tech Mahindra Ltd (NS:) was up 2.15% or 13.70 points to 648.05 in late trade.
The worst performers of the session were Yes Bank Ltd (NS:), which fell 8.21% or 7.25 points to trade at 81.10 at the close. UPL Ltd (NS:) declined 5.86% or 33.60 points to end at 540.95 and Tata Motors Ltd (NS:) was down 5.13% or 6.70 points to 123.75.
The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:) which rose 3.96% to 357.05, Tech Mahindra Ltd (BO:) which was up 2.15% to settle at 650.00 and Tata Consultancy Services Ltd. (BO:) which gained 1.93% to close at 2248.55.
The worst performers were Yes Bank Ltd (BO:) which was down 8.15% to 81.10 in late trade, Tata Motors Ltd DVR (BO:) which lost 5.62% to settle at 58.80 and Tata Motors Ltd (BO:) which was down 5.25% to 123.75 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1204 to 382 and 57 ended unchanged; on the Bombay Stock Exchange, 1624 fell and 703 advanced, while 131 ended unchanged.
Shares in Yes Bank Ltd (NS:) fell to 5-year lows; down 8.21% or 7.25 to 81.10. Shares in Tata Motors Ltd (NS:) fell to 5-year lows; down 5.13% or 6.70 to 123.75. Shares in Yes Bank Ltd (BO:) fell to 5-year lows; losing 8.15% or 7.20 to 81.10. Shares in Tata Motors Ltd DVR (BO:) fell to 5-year lows; down 5.62% or 3.50 to 58.80. Shares in Tata Motors Ltd (BO:) fell to 5-year lows; down 5.25% or 6.85 to 123.75.
The , which measures the implied volatility of Nifty 50 options, was up 9.20% to 16.5850 a new 1-month high.
Gold Futures for December delivery was up 1.08% or 15.75 to $1473.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.93% or 0.52 to hit $55.14 a barrel, while the October Brent oil contract fell 1.05% or 0.65 to trade at $61.24 a barrel.
USD/INR was up 1.21% to 70.530, while EUR/INR rose 1.72% to 78.7260.
The US Dollar Index Futures was down 0.36% at 97.502.
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.
