June 10 2024: Indian stocks ended lower on Monday, driven down by losses in the Technology, Metals, and Oil & Gas sectors.
The Nifty 50 index dropped 0.13% at the close, while the BSE Sensex 30 index fell by 0.27%.
Among the top performers on the Nifty 50 were UltraTech Cement Ltd (NS
), which surged 3.47% or 363.10 points to 10,826.25. Hero MotoCorp Ltd (NS
) gained 2.51% or 140.35 points, closing at 5,722.20, and Cipla Ltd. (NS
) increased by 2.47% or 37.00 points to finish at 1,534.25.
Conversely, the worst performers were Tech Mahindra Ltd (NS
), which declined by 2.70% or 37.25 points to 1,340.35. Infosys Ltd (NS
) fell by 2.21% or 33.85 points to 1,499.75, and Wipro Ltd (NS
) dropped 1.88% or 9.10 points to 475.45.
On the BSE Sensex 30, the top performers included UltraTech Cement Ltd (BO
), which rose by 3.19% to 10,796.05, Power Grid Corporation of India Ltd (BO
), up 2.13% to 315.95, and Nestle India Ltd (BO
), which gained 1.81% to close at 2,548.85.
The worst performers on the BSE Sensex 30 were Tech Mahindra Ltd (BO
), down by 2.65% to 1,341.00, Infosys Ltd (BO
), which decreased by 2.26% to 1,498.75, and Wipro Ltd (BO
), down by 1.81% to 475.70.
On the India National Stock Exchange, advancing stocks outnumbered decliners by 1,527 to 733, with 23 stocks ending unchanged. On the Bombay Stock Exchange, 2,533 stocks rose, 1,309 declined, and 130 remained unchanged. UltraTech Cement Ltd (NS
), Hero MotoCorp Ltd (NS
), and Cipla Ltd. (NS
) all reached all-time highs, with UltraTech Cement Ltd (BO
) also achieving a record high on the BSE.
The India VIX, which measures the implied volatility of Nifty 50 options, decreased by 2.87% to 16.40, marking a new one-month low.
In commodities, Gold Futures for August delivery fell 0.49% or 11.30 to $2,313.70 a troy ounce. Crude oil for July delivery rose 0.15% or 0.11 to $75.64 a barrel, while the August Brent oil contract increased by 0.20% or 0.16 to $79.78 a barrel.
In currency markets, USD/INR remained unchanged at 83.53, while EUR/INR dropped 1.30% to 89.67. The US Dollar Index Futures rose by 0.12% to 104.98.