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India stocks lower at close of trade; Nifty 50 down 0.04%

Published 11/24/2023, 05:30 AM
©  Reuters India stocks lower at close of trade; Nifty 50 down 0.04%

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

At the close in NSE, the Nifty 50 fell 0.04%, while the BSE Sensex 30 index declined 0.07%.

The best performers of the session on the Nifty 50 were Cipla Ltd. (NS:CIPL), which rose 2.39% or 28.00 points to trade at 1,198.65 at the close. Meanwhile, Adani Enterprises Ltd (NS:ADEL) added 2.31% or 50.20 points to end at 2,225.45 and Divi's Laboratories Ltd. (NS:DIVI) was up 1.94% or 71.50 points to 3,760.00 in late trade.

The worst performers of the session were Wipro Ltd (NS:WIPR), which fell 1.61% or 6.50 points to trade at 396.00 at the close. Apollo Hospitals Enterprises Ltd. (NS:APLH) declined 1.55% or 85.25 points to end at 5,408.70 and Tata Consultancy Services Ltd. (NS:TCS) was down 1.55% or 54.25 points to 3,454.00.

The top performers on the BSE Sensex 30 were Axis Bank Ltd. (BO:AXBK) which rose 0.91% to 1,008.15, HDFC Bank Ltd (BO:HDBK) which was up 0.68% to settle at 1,532.05 and ICICI Bank Ltd (BO:ICBK) which gained 0.66% to close at 929.15.

The worst performers were HCL Technologies Ltd (BO:HCLT) which was down 1.55% to 1,308.50 in late trade, Wipro Ltd (BO:WIPR) which lost 1.54% to settle at 395.95 and Tata Consultancy Services Ltd. (BO:TCS) which was down 1.46% to 3,457.60 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1124 to 949 and 56 ended unchanged; on the Bombay Stock Exchange, 1804 fell and 1746 advanced, while 132 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.13% to 11.33.

Gold Futures for December delivery was up 0.17% or 3.30 to $1,996.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.56% or 0.43 to hit $76.67 a barrel, while the January Brent oil contract rose 0.21% or 0.17 to trade at $81.59 a barrel.

USD/INR was up 0.02% to 83.37, while EUR/INR rose 0.05% to 90.95.

The US Dollar Index Futures was down 0.21% at 103.61.

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