India shares lower at close of trade; Nifty 50 down 0.67%

India equities were lower at the close on Monday, as losses in the Healthcare, Capital Goods and Banking sectors propelled…

By financial2020myday , in Stock Markets , at March 15, 2021

India equities were lower at the close on Monday, as losses in the Healthcare, Capital Goods and Banking sectors propelled shares lower.

At the close in NSE, the Nifty 50 declined 0.67%, while the BSE Sensex 30 index fell 0.78%.

The biggest gainers of the session on the Nifty 50 were JSW Steel Ltd (NS:JSTL), which rose 2.60% or 10.90 points to trade at 429.65 at the close. Tech Mahindra Ltd (NS:TEML) added 2.33% or 23.40 points to end at 1026.65 and Tata Steel Ltd (NS:TISC) was up 2.28% or 16.45 points to 736.40 in late trade.

Biggest losers included Divi’s Laboratories Ltd. (NS:DIVI), which lost 2.91% or 102.05 points to trade at 3410.00 in late trade. Hero MotoCorp Ltd (NS:HROM) declined 2.58% or 86.40 points to end at 3264.15 and Bajaj Finserv Ltd (NS:BJFS) shed 2.47% or 245.05 points to 9689.05.

The top performers on the BSE Sensex 30 were Tech Mahindra Ltd (BO:TEML) which rose 2.30% to 1027.00, Power Grid Corporation of India Ltd (BO:PGRD) which was up 1.57% to settle at 223.45 and IndusInd Bank Ltd. (BO:INBK) which gained 1.49% to close at 1038.35.

The worst performers were Bajaj Finserv Ltd (BO:BJFS) which was down 2.81% to 9669.85 in late trade, Bajaj Auto Ltd (BO:BAJA) which lost 2.17% to settle at 3666.10 and Bajaj Finance Ltd (BO:BJFN) which was down 2.09% to 5438.70 at the close.

Declining stocks outnumbered rising ones by 1122 to 582 and 59 ended unchanged; on the Bombay Stock Exchange, 1759 fell and 1183 advanced, while 192 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.21% to 21.2275.

In commodities trading, Gold Futures for April delivery was up 0.42% or 7.15 to $1726.95 a troy ounce. Meanwhile, Crude oil for delivery in April rose 0.43% or 0.28 to hit $65.89 a barrel, while the May Brent oil contract rose 0.40% or 0.28 to trade at $69.50 a barrel.

USD/INR was down 0.25% to 72.495, while EUR/INR fell 0.45% to 86.4645.

The US Dollar Index Futures was up 0.13% at 91.800.