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India stocks lower at close of trade; Nifty 50 down 0.10%

Published 02/17/2022, 05:45 AM
© Reuters India stocks lower at close of trade; Nifty 50 down 0.10%
NSEI
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NIFVIX
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AXBK
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HLL
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HDFC
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ICBK
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ONGC
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RELI
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TACN
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ULTC
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BSESN
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BSESHLIP
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BSESITIP
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BSEBANK
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Investing.com – India stocks were lower after the close on Thursday, as losses in the Banking, Healthcare and IT sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.10%, while the BSE Sensex 30 index declined 0.18%.

The best performers of the session on the Nifty 50 were Tata Consumer Products Ltd (NS:TACN), which rose 2.76% or 19.35 points to trade at 720.35 at the close. Meanwhile, Oil And Natural Gas Corporation Ltd (NS:ONGC) added 1.90% or 3.20 points to end at 171.75 and Housing Development Finance Corporation Ltd (NS:HDFC) was up 1.86% or 44.05 points to 2407.90 in late trade.

The worst performers of the session were UltraTech Cement Ltd (NS:ULTC), which fell 1.85% or 132.95 points to trade at 7045.95 at the close. AXIS Bank Ltd (NS:AXBK) declined 1.79% or 14.25 points to end at 782.80 and ICICI Bank Ltd (NS:ICBK) was down 1.79% or 13.70 points to 750.35.

The top performers on the BSE Sensex 30 were Housing Development Finance Corporation Ltd (BO:HDFC) which rose 1.71% to 2410.60, Reliance Industries Ltd (BO:RELI) which was up 1.35% to settle at 2444.90 and Hindustan Unilever Ltd. (BO:HLL) which gained 0.84% to close at 2307.70.

The worst performers were ICICI Bank Ltd (BO:ICBK) which was down 2.00% to 750.05 in late trade, UltraTech Cement Ltd (BO:ULTC) which lost 1.90% to settle at 7048.20 and AXIS Bank Ltd. (BO:AXBK) which was down 1.79% to 782.85 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1218 to 592 and 26 ended unchanged; on the Bombay Stock Exchange, 2004 fell and 1264 advanced, while 98 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 6.86% to 22.0050.

Gold Futures for April delivery was up 0.88% or 16.40 to $1887.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 2.22% or 2.08 to hit $91.58 a barrel, while the April Brent oil contract fell 2.11% or 2.00 to trade at $92.81 a barrel.

USD/INR was up 0.11% to 75.036, while EUR/INR fell 0.02% to 85.3065.

The US Dollar Index Futures was up 0.11% at 95.800.

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