India Stock Market Update

Investing.com – India stocks were lower after the close on Monday, as losses in the Fast Moving Consumer Goods, Healthcare, and Auto sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.21%, while the BSE Sensex 30 index lost 0.23%.

Top Performers

The best performers of the session on the Nifty 50 were:
– Wipro Ltd (NS:WIPR): rose 2.15% or 6.40 points to trade at 303.75 at the close.
– Larsen & Toubro Ltd (NS:LART): added 2.08% or 80.60 points to end at 3,947.30.
– SBI Life Insurance Company Ltd (NS:SBIL): up 1.43% or 20.75 points to 1,469.30 in late trade.

Worst Performers

The worst performers of the session were:
– Tata Consumer Products Ltd (NS:TACN): fell 4.16% or 40.50 points to trade at 933.95.
– Hindustan Unilever Ltd. (NS:HLL): declined 3.34% or 83.05 points to end at 2,400.75.
– Tata Motors Ltd (NS:TAMO): down 2.21% or 18.05 points to 798.75.

BSE Sensex Top and Bottom Performers

On the BSE Sensex 30, the top performers were:
– Wipro Ltd (BO:WIPR): rose 2.74% to 305.40.
– Larsen & Toubro Ltd (BO:LART): up 2.33% to settle at 3,955.95.
– JSW Steel Ltd (BO:JSTL): gained 1.04% to close at 1,013.35.

The worst performers included:
– Hindustan Unilever Ltd. (BO:HLL): down 3.26% to 2,403.05.
– Tata Motors Ltd (BO:TAMO): lost 2.21% to 798.70.
– Axis Bank Ltd. (BO:AXBK): down 1.64% to 1,166.55.

Market Overview

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1363 to 1156 and 141 ended unchanged; on the Bombay Stock Exchange, 2231 rose and 1661 declined, while 165 ended unchanged.

Wipro Ltd and Larsen & Toubro Ltd also reached 52-week and all-time highs, respectively, during the session.

Volatility and Commodities

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.07% to 14.13, a new 1-month low.

In commodities, Gold Futures for February delivery were up 0.77% to $2,679.99 a troy ounce, Crude oil for delivery in January rose 1.34% to $68.10 a barrel, and the February Brent oil contract increased 1.15% to $71.94 a barrel.

In currency markets, USD/INR was up 0.07% to 84.73, while EUR/INR rose 0.01% to 89.66. The US Dollar Index Futures was down 0.18% at 105.54.