© Reuters India stocks lower at close of trade; Nifty 50 down 0.32%

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 0.32%, while the index declined 0.07%.

The best performers of the session on the were Mahindra & Mahindra Ltd. (NS:), which rose 4.22% or 38.10 points to trade at 941.90 at the close. Meanwhile, Maruti Suzuki India Ltd. (NS:) added 4.10% or 310.85 points to end at 7,897.45 and Hindustan Unilever Ltd. (NS:) was up 2.32% or 54.05 points to 2,380.00 in late trade.

The worst performers of the session were JSW Steel Ltd (NS:), which fell 13.24% or 83.55 points to trade at 547.55 at the close. Tata Steel Ltd (NS:) declined 12.61% or 147.65 points to end at 1,022.95 and Divi’s Laboratories Ltd. (NS:) was down 9.45% or 406.90 points to 3,897.90.

The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:) which rose 4.14% to 942.05, Maruti Suzuki India Ltd. (BO:) which was up 4.07% to settle at 7,896.20 and Hindustan Unilever Ltd. (BO:) which gained 2.35% to close at 2,380.05.

The worst performers were Tata Steel Ltd (BO:) which was down 12.53% to 1,023.60 in late trade, UltraTech Cement Ltd (BO:) which lost 3.33% to settle at 5,919.25 and ITC Ltd (BO:) which was down 1.93% to 274.55 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1153 to 699 and 57 ended unchanged; on the Bombay Stock Exchange, 1928 fell and 1373 advanced, while 164 ended unchanged.

Shares in JSW Steel Ltd (NS:) fell to 52-week lows; down 13.24% or 83.55 to 547.55. Shares in Tata Steel Ltd (NS:) fell to 52-week lows; falling 12.61% or 147.65 to 1,022.95. Shares in Divi’s Laboratories Ltd. (NS:) fell to 52-week lows; down 9.45% or 406.90 to 3,897.90. Shares in Tata Steel Ltd (BO:) fell to 52-week lows; losing 12.53% or 146.60 to 1,023.60.

The , which measures the implied volatility of Nifty 50 options, was up 1.29% to 23.40.

Gold Futures for June delivery was up 0.99% or 18.22 to $1,860.32 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 1.12% or 1.24 to hit $111.52 a barrel, while the August Brent oil contract rose 1.16% or 1.28 to trade at $111.27 a barrel.

USD/INR was down 0.36% to 77.54, while EUR/INR rose 0.63% to 82.72.

The US Dollar Index Futures was down 0.95% at 102.19.

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