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India stocks lower at close of trade; Nifty 50 down 0.01%

Published 07/16/2021, 06:45 AM
© Reuters.  India stocks lower at close of trade; Nifty 50 down 0.01%
NSEI
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BJFS
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BRTI
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DIVI
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EICH
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HCLT
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INFY
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TISC
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Investing.com – India stocks were lower after the close on Friday, as losses in the IT, Technology and Banking sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.01%, while the BSE Sensex 30 index fell 0.04%.

The best performers of the session on the Nifty 50 were Divi's Laboratories Ltd. (NS:DIVI), which rose 3.26% or 150.30 points to trade at 4757.60 at the close. Meanwhile, Bharti Airtel Ltd. (NS:BRTI) added 2.99% or 15.70 points to end at 541.15 and UltraTech Cement Ltd (NS:ULTC) was up 1.82% or 130.50 points to 7320.15 in late trade.

The worst performers of the session were HCL Technologies Ltd (NS:HCLT), which fell 3.34% or 34.75 points to trade at 1005.00 at the close. Eicher Motors Ltd. (NS:EICH) declined 1.88% or 50.25 points to end at 2617.25 and Bajaj Finserv Ltd (NS:BJFS) was down 1.65% or 213.25 points to 12745.70.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 2.94% to 541.00, UltraTech Cement Ltd (BO:ULTC) which was up 1.95% to settle at 7331.40 and Tata Steel Ltd (BO:TISC) which gained 1.77% to close at 1278.30.

The worst performers were HCL Technologies Ltd (BO:HCLT) which was down 3.38% to 1004.90 in late trade, Infosys Ltd (BO:INFY) which lost 1.60% to settle at 1555.00 and Bajaj Finserv Ltd (BO:BJFS) which was down 1.56% to 12754.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 860 to 832 and 34 ended unchanged; on the Bombay Stock Exchange, 1699 rose and 1352 declined, while 135 ended unchanged.

Shares in Divi's Laboratories Ltd. (NS:DIVI) rose to all time highs; up 3.26% or 150.30 to 4757.60. Shares in UltraTech Cement Ltd (NS:ULTC) rose to all time highs; up 1.82% or 130.50 to 7320.15. Shares in UltraTech Cement Ltd (BO:ULTC) rose to all time highs; rising 1.95% or 139.95 to 7331.40. Shares in Tata Steel Ltd (BO:TISC) rose to all time highs; rising 1.77% or 22.20 to 1278.30.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.60% to 11.7050 a new 52-week low.

Gold Futures for August delivery was down 0.33% or 6.10 to $1822.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.28% or 0.20 to hit $71.85 a barrel, while the September Brent oil contract rose 0.23% or 0.17 to trade at $73.64 a barrel.

USD/INR was up 0.06% to 74.584, while EUR/INR rose 0.01% to 88.0530.

The US Dollar Index Futures was up 0.04% at 92.672.

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