India stocks lower at close of trade; Nifty 50 down 2.64% 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 2.64% to hit a new 6-months low, while the index lost 2.68%.

The best performers of the session on the were Nestle India Ltd (NS:), which rose 0.49% or 81.60 points to trade at 16,856.50 at the close. Meanwhile, Bajaj Auto Ltd (NS:) added 0.08% or 3.00 points to end at 3,884.00 and Britannia Industries Ltd (NS:) was down 0.03% or 0.85 points to 3,360.00 in late trade.

The worst performers of the session were Bajaj Finserv Ltd (NS:), which fell 7.08% or 867.45 points to trade at 11,386.05 at the close. Bajaj Finance Ltd (NS:) declined 5.46% or 309.25 points to end at 5,358.25 and IndusInd Bank Ltd. (NS:) was down 5.23% or 47.75 points to 865.45.

The top performers on the BSE Sensex 30 were Nestle India Ltd (BO:) which rose 0.46% to 16,857.25, Maruti Suzuki India Ltd. (BO:) which was down 0.17% to settle at 7,921.20 and Hindustan Unilever Ltd. (BO:) which lost 0.18% to close at 2,195.90.

The worst performers were Bajaj Finserv Ltd (BO:) which was down 7.02% to 11,390.90 in late trade, Bajaj Finance Ltd (BO:) which lost 5.44% to settle at 5,359.55 and IndusInd Bank Ltd. (BO:) which was down 5.27% to 864.20 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1710 to 157 and 32 ended unchanged; on the Bombay Stock Exchange, 2742 fell and 643 advanced, while 115 ended unchanged.

Shares in Bajaj Finserv Ltd (NS:) fell to 52-week lows; losing 7.08% or 867.45 to 11,386.05. Shares in Bajaj Finance Ltd (NS:) fell to 52-week lows; losing 5.46% or 309.25 to 5,358.25. Shares in Bajaj Finserv Ltd (BO:) fell to 52-week lows; falling 7.02% or 859.75 to 11,390.90. Shares in Bajaj Finance Ltd (BO:) fell to 52-week lows; down 5.44% or 308.30 to 5,359.55.

The , which measures the implied volatility of Nifty 50 options, was up 14.25% to 22.36.

Gold Futures for August delivery was down 0.82% or 15.40 to $1,860.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 1.43% or 1.72 to hit $118.95 a barrel, while the August Brent oil contract fell 1.33% or 1.62 to trade at $120.39 a barrel.

USD/INR was down 0.14% to 78.04, while EUR/INR fell 0.56% to 81.68.

The US Dollar Index Futures was up 0.55% at 104.58.