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India stocks lower at close of trade; Nifty 50 down 0.21%

Published 09/29/2021, 06:45 AM
Updated 09/29/2021, 08:35 AM
India stocks lower at close of trade; Nifty 50 down 0.21%
NSEI
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NIFVIX
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ASPN
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COAL
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HDFC
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KTKM
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NTPC
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PGRD
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SUN
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BSESN
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BSECG
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BSESCGIP
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BSEBANK
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Investing.com – India stocks were lower after the close on Wednesday, as losses in the Fast Moving Consumer Goods, Banking and Capital Goods sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.21%, while the BSE Sensex 30 index fell 0.43%.

The best performers of the session on the Nifty 50 were NTPC Ltd (NS:NTPC), which rose 6.59% or 8.70 points to trade at 140.65 at the close. Meanwhile, Coal India Ltd (NS:COAL) added 6.39% or 11.15 points to end at 185.70 and Power Grid Corporation of India Ltd (NS:PGRD) was up 6.03% or 11.10 points to 195.05 in late trade.

The worst performers of the session were Housing Development Finance Corporation Ltd (NS:HDFC), which fell 2.09% or 58.50 points to trade at 2746.45 at the close. Kotak Mahindra Bank Ltd. (NS:KTKM) declined 1.83% or 37.75 points to end at 2030.45 and Asian Paints Ltd. (NS:ASPN) was down 1.68% or 56.65 points to 3323.05.

The top performers on the BSE Sensex 30 were NTPC Ltd (BO:NTPC) which rose 6.52% to 140.55, Power Grid Corporation of India Ltd (BO:PGRD) which was up 6.18% to settle at 195.10 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which gained 4.09% to close at 811.55.

The worst performers were Housing Development Finance Corporation Ltd (BO:HDFC) which was down 1.96% to 2749.25 in late trade, Kotak Mahindra Bank Ltd. (BO:KTKM) which lost 1.75% to settle at 2030.95 and Asian Paints Ltd. (BO:ASPN) which was down 1.72% to 3322.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1014 to 687 and 56 ended unchanged; on the Bombay Stock Exchange, 1819 rose and 1280 declined, while 138 ended unchanged.

Shares in NTPC Ltd (NS:NTPC) rose to 52-week highs; rising 6.59% or 8.70 to 140.65. Shares in Coal India Ltd (NS:COAL) rose to 52-week highs; gaining 6.39% or 11.15 to 185.70. Shares in Power Grid Corporation of India Ltd (NS:PGRD) rose to 52-week highs; up 6.03% or 11.10 to 195.05. Shares in NTPC Ltd (BO:NTPC) rose to 52-week highs; rising 6.52% or 8.60 to 140.55. Shares in Power Grid Corporation of India Ltd (BO:PGRD) rose to 52-week highs; rising 6.18% or 11.35 to 195.10. Shares in Sun Pharmaceutical Industries Ltd. (BO:SUN) rose to 5-year highs; rising 4.09% or 31.90 to 811.55.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.63% to 18.8375 a new 3-months high.

Gold Futures for December delivery was up 0.08% or 1.45 to $1738.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.57% or 0.43 to hit $74.86 a barrel, while the December Brent oil contract fell 0.63% or 0.49 to trade at $77.86 a barrel.

USD/INR was up 0.01% to 74.198, while EUR/INR fell 0.22% to 86.4670.

The US Dollar Index Futures was up 0.17% at 93.940.

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