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

Published 12/09/2024, 05:30 AM
© Reuters.  India stocks lower at close of trade; Nifty 50 down 0.21%
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Investing.com – India stocks were lower after the close on Monday, as losses in the Fast Moving Consumer Goods, Healthcare and Auto sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.21%, while the BSE Sensex 30 index lost 0.23%.

The best performers of the session on the Nifty 50 were Wipro Ltd (NS:WIPR), which rose 2.15% or 6.40 points to trade at 303.75 at the close. Meanwhile, Larsen & Toubro Ltd (NS:LART) added 2.08% or 80.60 points to end at 3,947.30 and SBI Life Insurance Company Ltd (NS:SBIL) was up 1.43% or 20.75 points to 1,469.30 in late trade.

The worst performers of the session were Tata Consumer Products Ltd (NS:TACN), which fell 4.16% or 40.50 points to trade at 933.95 at the close. Hindustan Unilever Ltd. (NS:HLL) declined 3.34% or 83.05 points to end at 2,400.75 and Tata Motors Ltd (NS:TAMO) was down 2.21% or 18.05 points to 798.75.

The top performers on the BSE Sensex 30 were Wipro Ltd (BO:WIPR) which rose 2.74% to 305.40, Larsen & Toubro Ltd (BO:LART) which was up 2.33% to settle at 3,955.95 and JSW Steel Ltd (BO:JSTL) which gained 1.04% to close at 1,013.35.

The worst performers were Hindustan Unilever Ltd. (BO:HLL) which was down 3.26% to 2,403.05 in late trade, Tata Motors Ltd (BO:TAMO) which lost 2.21% to settle at 798.70 and Axis Bank Ltd. (BO:AXBK) which was down 1.64% to 1,166.55 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1363 to 1156 and 141 ended unchanged; on the Bombay Stock Exchange, 2231 rose and 1661 declined, while 165 ended unchanged.

Shares in Wipro Ltd (NS:WIPR) rose to 52-week highs; up 2.15% or 6.40 to 303.75. Shares in Larsen & Toubro Ltd (NS:LART) rose to all time highs; rising 2.08% or 80.60 to 3,947.30. Shares in Wipro Ltd (BO:WIPR) rose to 52-week highs; rising 2.74% or 8.15 to 305.40. Shares in Larsen & Toubro Ltd (BO:LART) rose to all time highs; rising 2.33% or 90.15 to 3,955.95.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.07% to 14.13 a new 1-month low.

Gold Futures for February delivery was up 0.77% or 20.39 to $2,679.99 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.34% or 0.90 to hit $68.10 a barrel, while the February Brent oil contract rose 1.15% or 0.82 to trade at $71.94 a barrel.

USD/INR was up 0.07% to 84.73, while EUR/INR rose 0.01% to 89.66.

The US Dollar Index Futures was down 0.18% at 105.54.

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