India stocks lower at close of trade; Nifty 50 down 1.21% 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 1.21%, while the index declined 1.11%.

The best performers of the session on the were Oil And Natural Gas Corporation Ltd (NS:), which rose 4.42% or 5.60 points to trade at 132.40 at the close. Meanwhile, Dr. Reddy’s Laboratories Ltd (NS:) added 1.94% or 83.95 points to end at 4,419.65 and Cipla Ltd. (NS:) was up 1.42% or 15.80 points to 1,130.75 in late trade.

The worst performers of the session were Eicher Motors Ltd. (NS:), which fell 5.67% or 208.25 points to trade at 3,463.35 at the close. Adani Ports and Special Economic Zone Ltd (NS:) declined 4.42% or 36.25 points to end at 784.40 and Maruti Suzuki India Ltd. (NS:) was down 3.18% or 281.15 points to 8,547.00.

The top performers on the BSE Sensex 30 were Dr. Reddy’s Laboratories Ltd (BO:) which rose 1.99% to 4,420.15, Bharti Airtel Ltd (BO:) which was up 0.46% to settle at 803.45 and NTPC Ltd (BO:) which gained 0.41% to close at 160.40.

The worst performers were Maruti Suzuki India Ltd. (BO:) which was down 3.16% to 8,544.40 in late trade, Hindustan Unilever Ltd. (BO:) which lost 2.77% to settle at 2,622.20 and IndusInd Bank Ltd. (BO:) which was down 2.55% to 1,156.10 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1242 to 606 and 61 ended unchanged; on the Bombay Stock Exchange, 2008 fell and 1392 advanced, while 149 ended unchanged.

Shares in Cipla Ltd. (NS:) rose to all time highs; rising 1.42% or 15.80 to 1,130.75. Shares in Bharti Airtel Ltd (BO:) rose to all time highs; gaining 0.46% or 3.70 to 803.45.

The , which measures the implied volatility of Nifty 50 options, was up 7.00% to 21.36.

Gold Futures for December delivery was up 0.01% or 0.15 to $1,672.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 3.82% or 3.04 to hit $82.53 a barrel, while the December Brent oil contract rose 3.62% or 3.08 to trade at $88.22 a barrel.

USD/INR was up 0.37% to 81.81, while EUR/INR rose 0.14% to 79.99.

The US Dollar Index Futures was up 0.18% at 112.29.