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India stocks lower at close of trade; Nifty 50 down 0.05%

Published 01/28/2022, 05:45 AM
India stocks lower at close of trade; Nifty 50 down 0.05%
NSEI
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NIFVIX
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INBK
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MRTI
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NTPC
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PGRD
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SUN
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TEML
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UPLL
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BSESN
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BSEAUTO
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BSEBANK
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BSEGRNX
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Investing.com – India stocks were lower after the close on Friday, as losses in the Banking, Auto and Green Energy sectors led shares lower.

At the close in NSE, the Nifty 50 declined 0.05% to hit a new 1-month low, while the BSE Sensex 30 index declined 0.13%.

The best performers of the session on the Nifty 50 were NTPC Ltd (NS:NTPC), which rose 3.81% or 5.15 points to trade at 140.15 at the close. Meanwhile, UPL Ltd (NS:UPLL) added 2.37% or 18.30 points to end at 790.25 and Sun Pharmaceutical Industries Ltd. (NS:SUN) was up 1.88% or 15.25 points to 827.35 in late trade.

The worst performers of the session were Maruti Suzuki India Ltd. (NS:MRTI), which fell 3.05% or 269.25 points to trade at 8550.95 at the close. Tech Mahindra Ltd (NS:TEML) declined 2.42% or 34.95 points to end at 1410.65 and Power Grid Corporation of India Ltd (NS:PGRD) was down 2.16% or 4.65 points to 210.20.

The top performers on the BSE Sensex 30 were NTPC Ltd (BO:NTPC) which rose 3.89% to 140.20, Sun Pharmaceutical Industries Ltd. (BO:SUN) which was up 1.85% to settle at 827.25 and IndusInd Bank Ltd. (BO:INBK) which gained 1.72% to close at 903.55.

The worst performers were Maruti Suzuki India Ltd. (BO:MRTI) which was down 2.99% to 8553.20 in late trade, Tech Mahindra Ltd (BO:TEML) which lost 2.43% to settle at 1410.55 and Power Grid Corporation of India Ltd (BO:PGRD) which was down 2.14% to 210.15 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1110 to 695 and 27 ended unchanged; on the Bombay Stock Exchange, 1929 rose and 1324 declined, while 104 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.76% to 20.6950.

Gold Futures for February delivery was down 0.26% or 4.65 to $1788.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.38% or 0.33 to hit $86.94 a barrel, while the April Brent oil contract rose 0.34% or 0.30 to trade at $88.47 a barrel.

USD/INR was down 0.17% to 75.091, while EUR/INR fell 0.15% to 83.6530.

The US Dollar Index Futures was up 0.10% at 97.335.

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