Stock

India stocks lower at close of trade; Nifty 50 down 0.15%

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

At the close in NSE, the Nifty 50 fell 0.15% to hit a new 1-month low, while the BSE Sensex 30 index declined 0.17%.

The best performers of the session on the Nifty 50 were Bajaj Finance Ltd (NS:BJFN), which rose 4.76% or 317.90 points to trade at 6,995.80 at the close. Meanwhile, Tech Mahindra Ltd (NS:TEML) added 2.32% or 39.40 points to end at 1,735.95 and Bajaj Auto Ltd (NS:BAJA) was up 2.11% or 218.40 points to 10,586.75 in late trade.

The worst performers of the session were Mahindra & Mahindra Ltd. (NS:MAHM), which fell 3.25% or 93.70 points to trade at 2,793.50 at the close. Sun Pharmaceutical Industries Ltd. (NS:SUN) declined 2.55% or 48.20 points to end at 1,839.35 and Power Grid Corporation of India Ltd (NS:PGRD) was down 1.81% or 5.85 points to 316.90.

The top performers on the BSE Sensex 30 were Bajaj Finance Ltd (BO:BJFN) which rose 4.95% to 7,007.95, Tech Mahindra Ltd (BO:TEML) which was up 2.01% to settle at 1,730.30 and Tata Consultancy Services Ltd. (BO:TCS) which gained 1.31% to close at 4,068.35.

The worst performers were Mahindra & Mahindra Ltd. (BO:MAHM) which was down 3.04% to 2,796.00 in late trade, Sun Pharmaceutical Industries Ltd. (BO:SUN) which lost 2.79% to settle at 1,833.95 and Larsen & Toubro Ltd (BO:LART) which was down 1.77% to 3,448.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1416 to 1042 and 101 ended unchanged; on the Bombay Stock Exchange, 2102 rose and 1641 declined, while 100 ended unchanged.

Shares in Tech Mahindra Ltd (NS:TEML) rose to 52-week highs; up 2.32% or 39.40 to 1,735.95. Shares in Tech Mahindra Ltd (BO:TEML) rose to 52-week highs; up 2.01% or 34.10 to 1,730.30.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.32% to 14.59.

Gold Futures for December delivery was up 0.22% or 6.15 to $2,765.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.98% or 1.42 to hit $70.32 a barrel, while the December Brent oil contract fell 1.84% or 1.40 to trade at $74.64 a barrel.

USD/INR was down 0.01% to 84.08, while EUR/INR fell 0.17% to 90.64.

The US Dollar Index Futures was up 0.29% at 104.21.

This post appeared first on investing.com

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

More in:Stock