India stocks lower at close of trade; Nifty 50 down 0.34% By Investing.com

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 0.34%, while the index lost 0.28%.

The best performers of the session on the were Tech Mahindra Ltd (NS:), which rose 3.12% or 31.30 points to trade at 1,034.45 at the close. Meanwhile, HCL Technologies Ltd (NS:) added 1.48% or 15.90 points to end at 1,093.70 and Infosys Ltd (NS:) was up 1.45% or 21.85 points to 1,525.50 in late trade.

The worst performers of the session were Adani Enterprises Ltd (NS:), which fell 2.72% or 101.35 points to trade at 3,619.80 at the close. AXIS Bank Ltd (NS:) declined 2.25% or 21.00 points to end at 913.15 and JSW Steel Ltd (NS:) was down 1.21% or 9.30 points to 759.20.

The top performers on the BSE Sensex 30 were Tech Mahindra Ltd (BO:) which rose 3.14% to 1,034.60, HCL Technologies Ltd (BO:) which was up 1.48% to settle at 1,093.90 and Infosys Ltd (BO:) which gained 1.45% to close at 1,525.25.

The worst performers were AXIS Bank Ltd. (BO:) which was down 2.26% to 913.10 in late trade, NTPC Ltd (BO:) which lost 1.16% to settle at 165.85 and Housing Development Finance Corporation Ltd (BO:) which was down 1.03% to 2,594.75 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1168 to 755 and 72 ended unchanged; on the Bombay Stock Exchange, 1838 fell and 1643 advanced, while 170 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was up 3.89% to 15.02.

Gold Futures for February delivery was down 0.11% or 2.10 to $1,919.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.49% or 0.39 to hit $79.72 a barrel, while the March Brent oil contract fell 0.29% or 0.25 to trade at $85.03 a barrel.

USD/INR was up 0.38% to 81.59, while EUR/INR rose 0.37% to 88.34.

The US Dollar Index Futures was up 0.08% at 102.03.