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India stocks lower at close of trade; Nifty 50 down 0.11%

Published 12/29/2021, 05:45 AM
©  Reuters India stocks lower at close of trade; Nifty 50 down 0.11%
NSEI
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NIFVIX
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BAJA
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COAL
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REDY
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EICH
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INBK
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ITC
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SBI
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SUN
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Investing.com – India stocks were lower after the close on Wednesday, as losses in the Metals, Public Sector Undertakings and Power sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.11%, while the BSE Sensex 30 index fell 0.16%.

The best performers of the session on the Nifty 50 were Eicher Motors Ltd. (NS:EICH), which rose 3.30% or 81.85 points to trade at 2562.25 at the close. Meanwhile, Sun Pharmaceutical Industries Ltd. (NS:SUN) added 2.91% or 23.70 points to end at 838.80 and Bajaj Auto Ltd (NS:BAJA) was up 2.72% or 86.45 points to 3262.50 in late trade.

The worst performers of the session were ITC Ltd (NS:ITC), which fell 1.50% or 3.30 points to trade at 216.75 at the close. State Bank Of India (NS:SBI) declined 1.47% or 6.80 points to end at 454.40 and Coal India Ltd (NS:COAL) was down 1.41% or 2.10 points to 146.75.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:SUN) which rose 2.86% to 838.30, IndusInd Bank Ltd. (BO:INBK) which was up 1.99% to settle at 869.65 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which gained 1.66% to close at 4822.00.

The worst performers were State Bank Of India (BO:SBI) which was down 1.45% to 454.25 in late trade, ITC Ltd (BO:ITC) which lost 1.43% to settle at 216.80 and Tech Mahindra Ltd (BO:TEML) which was down 1.09% to 1786.65 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 982 to 807 and 29 ended unchanged; on the Bombay Stock Exchange, 2001 rose and 1274 declined, while 92 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.41% to 16.2425.

Gold Futures for February delivery was down 0.78% or 14.10 to $1796.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.08% or 0.06 to hit $75.92 a barrel, while the March Brent oil contract rose 0.15% or 0.12 to trade at $78.79 a barrel.

USD/INR was up 0.02% to 74.716, while EUR/INR fell 0.16% to 84.3395.

The US Dollar Index Futures was up 0.11% at 96.312.

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