Investing.com – India equities were lower at the close on Monday, as losses in the Public Sector Undertakings, Metals and Oil & Gas sectors propelled shares lower.
At the close in NSE, the Nifty 50 lost 3.14%, while the BSE Sensex 30 index lost 3.00%.
The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd (NS:BHRI), which unchanged 0% or 0 points to trade at 241.90 at the close. Nestle India Ltd (NS:NEST) fell 0.93% or 170.15 points to end at 18192.60 and Infosys Ltd (NS:INFY) was down 1.05% or 12.50 points to 1177.30 in late trade.
Biggest losers included Oil And Natural Gas Corporation Ltd (NS:ONGC), which lost 9.24% or 9.15 points to trade at 89.85 in late trade. Tata Motors Ltd (NS:TAMO) declined 8.86% or 16.00 points to end at 164.55 and GAIL Ltd (NS:GAIL) shed 8.28% or 10.35 points to 114.70.
The top performers on the BSE Sensex 30 were Nestle India Ltd (BO:NEST) which fell 1.07% to 18151.75, Infosys Ltd (BO:INFY) which was down 1.13% to settle at 1176.30 and Hindustan Unilever Ltd. (BO:HLL) which lost 1.53% to close at 2296.00.
The worst performers were Oil And Natural Gas Corporation Ltd (BO:ONGC) which was down 9.15% to 89.90 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 6.98% to settle at 841.85 and Mahindra & Mahindra Ltd. (BO:MAHM) which was down 6.84% to 682.00 at the close.
Declining stocks outnumbered rising ones by 1539 to 153 and 35 ended unchanged; on the Bombay Stock Exchange, 2336 fell and 560 advanced, while 154 ended unchanged on the India National Stock Exchange.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 24.53% to 23.1900 a new 1-month high.
In commodities trading, Gold Futures for February delivery was down 0.47% or 8.80 to $1880.10 a troy ounce. Meanwhile, Crude oil for delivery in February fell 5.73% or 2.82 to hit $46.42 a barrel, while the February Brent oil contract fell 5.51% or 2.88 to trade at $49.38 a barrel.
USD/INR was up 0.63% to 74.036, while EUR/INR fell 0.26% to 89.9275.
The US Dollar Index Futures was up 0.98% at 90.832.