Market Overview
India's equity markets closed lower on Monday, with the NSE Nifty 50 ending 0.39% down and the BSE Sensex 30 slipping 0.40%.
Sector Performance
Losses were led by the Metals, Technology and Power sectors, which together contributed to the net decline. Advancing stocks numbered 973 on NSE versus 1,622 decliners, with 37 unchanged; on BSE, 1,777 advanced, 2,381 fell, and 201 were unchanged.
Top Gainers
- ICICI Bank Ltd rose 1.44% (20.50 points) to close at 1,443.30 on NSE.
- Grasim Industries Ltd added 0.87% (28.50 points) to finish at 3,318.50.
- Bajaj Auto Ltd increased 0.73% (87.00 points) to 11,997.00, reaching a 52‑week high.
On the BSE, Sun Pharmaceutical Industries Ltd gained 1.87% to 1,956.00, ICICI Bank Ltd was up 1.74% to 1,450.00, and Axis Bank Ltd rose 1.50% to 1,283.00.
Top Losers
- Adani Enterprises Ltd fell 6.40% (202.80 points) to 2,965.70.
- Adani Ports and Special Economic Zone Ltd dropped 3.36% (57.40 points) to 1,650.10 on NSE and 4.11% to 1,635.00 on BSE.
- Eternal Ltd declined 3.00% (9.85 points) to 318.15.
- ITC Ltd lost 3.67% to settle at 256.25 on BSE.
- Bharti Airtel Ltd decreased 2.76% to 1,830.00.
Market Volatility
The India VIX, measuring implied volatility of Nifty 50 options, rose 2.46% to 10.94.
Commodity Prices
- Gold Futures for December delivery slipped 0.67% (30.16 points) to $4,499.74 per troy ounce.
- Crude oil for October delivery increased 3.42% (2.85 dollars) to $86.25 per barrel.
- Brent crude for December rose 5.67% (4.88 dollars) to $91.00 per barrel.
Currency and Index Futures
- USD/INR weakened 0.27% to 95.11.
- EUR/INR fell 0.05% to 110.41.
- US Dollar Index Futures declined 0.18% to 99.48.