Investing.com – India stocks were lower after the close on Monday, as losses in the Real Estate, Banking and Auto sectors led shares lower.
At the close in NSE, the Nifty 50 lost 4.38%, while the BSE Sensex 30 index declined 4.61%.
The best performers of the session on the Nifty 50 were Cipla Ltd. (NS:CIPL), which rose 6.71% or 27.35 points to trade at 435.00 at the close. Meanwhile, Tech Mahindra Ltd (NS:TEML) added 4.74% or 23.90 points to end at 528.00 and Nestle India Ltd (NS:NEST) was up 3.78% or 570.95 points to 15679.55 in late trade.
The worst performers of the session were Bajaj Finance Ltd (NS:BJFN), which fell 11.89% or 302.30 points to trade at 2240.00 at the close. Housing Development Finance Corporation Ltd (NS:HDFC) declined 10.83% or 190.00 points to end at 1564.00 and Kotak Mahindra Bank Ltd. (NS:KTKM) was down 8.37% or 117.10 points to 1282.00.
The top performers on the BSE Sensex 30 were Tech Mahindra Ltd (BO:TEML) which rose 4.94% to 528.50, Nestle India Ltd (BO:NEST) which was up 4.49% to settle at 15768.15 and AXIS Bank Ltd. (BO:AXBK) which gained 2.50% to close at 368.70.
The worst performers were Bajaj Finance Ltd (BO:BJFN) which was down 11.95% to 2242.25 in late trade, Housing Development Finance Corporation Ltd (BO:HDFC) which lost 10.92% to settle at 1562.60 and Tata Steel Ltd (BO:TISC) which was down 8.36% to 254.15 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 960 to 558 and 93 ended unchanged; on the Bombay Stock Exchange, 1293 fell and 872 advanced, while 159 ended unchanged.
Shares in Bajaj Finance Ltd (NS:BJFN) fell to 52-week lows; down 11.89% or 302.30 to 2240.00. Shares in Bajaj Finance Ltd (BO:BJFN) fell to 52-week lows; falling 11.95% or 304.20 to 2242.25. Shares in Tata Steel Ltd (BO:TISC) fell to 3-years lows; down 8.36% or 23.20 to 254.15.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.14% to 71.8900.
Gold Futures for June delivery was down 0.33% or 5.40 to $1648.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 4.97% or 1.07 to hit $20.44 a barrel, while the June Brent oil contract fell 5.26% or 1.47 to trade at $26.48 a barrel.
USD/INR was up 0.12% to 75.560, while EUR/INR fell 0.49% to 83.6300.
The US Dollar Index Futures was up 0.42% at 98.948.