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India stocks lower at close of trade; Nifty 50 down 0.13%

Published 11/09/2021, 05:45 AM
© Reuters India stocks lower at close of trade; Nifty 50 down 0.13%
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Investing.com – India stocks were lower after the close on Tuesday, as losses in the Metals, Consumer Durables and Banking sectors led shares lower.

At the close in NSE, the Nifty 50 fell 0.13%, while the BSE Sensex 30 index fell 0.19%.

The best performers of the session on the Nifty 50 were Mahindra & Mahindra Ltd. (NS:MAHM), which rose 3.80% or 32.65 points to trade at 892.15 at the close. Meanwhile, Tata Motors Ltd (NS:TAMO) added 1.65% or 8.25 points to end at 509.65 and Hero MotoCorp Ltd (NS:HROM) was up 1.27% or 34.10 points to 2717.00 in late trade.

The worst performers of the session were Britannia Industries Ltd (NS:BRIT), which fell 2.58% or 96.10 points to trade at 3621.60 at the close. HDFC Bank Ltd (NS:HDBK) declined 1.75% or 28.00 points to end at 1572.25 and Maruti Suzuki India Ltd. (NS:MRTI) was down 1.39% or 107.05 points to 7577.55.

The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:MAHM) which rose 3.92% to 892.90, Larsen & Toubro Ltd (BO:LART) which was up 1.18% to settle at 1946.85 and State Bank Of India (BO:SBI) which gained 1.16% to close at 529.20.

The worst performers were HDFC Bank Ltd (BO:HDBK) which was down 1.82% to 1571.15 in late trade, Housing Development Finance Corporation Ltd (BO:HDFC) which lost 1.44% to settle at 2935.45 and Maruti Suzuki India Ltd. (BO:MRTI) which was down 1.42% to 7577.05 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1077 to 666 and 66 ended unchanged; on the Bombay Stock Exchange, 1949 rose and 1263 declined, while 169 ended unchanged.

Shares in Tata Motors Ltd (NS:TAMO) rose to 3-years highs; up 1.65% or 8.25 to 509.65. Shares in Larsen & Toubro Ltd (BO:LART) rose to all time highs; gaining 1.18% or 22.75 to 1946.85.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.07% to 16.0025.

Gold Futures for December delivery was down 0.10% or 1.90 to $1826.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.59% or 0.48 to hit $82.41 a barrel, while the January Brent oil contract rose 0.52% or 0.43 to trade at $83.86 a barrel.

USD/INR was up 0.20% to 74.049, while EUR/INR rose 0.26% to 85.8520.

The US Dollar Index Futures was down 0.11% at 93.935.

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