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India stocks lower at close of trade; Nifty 50 down 0.25%

Published 12/14/2021, 05:45 AM
© Reuters India stocks lower at close of trade; Nifty 50 down 0.25%
NSEI
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Investing.com – India stocks were lower after the close on Tuesday, as losses in the Auto, Fast Moving Consumer Goods and Consumer Durables sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.25%, while the BSE Sensex 30 index declined 0.29%.

The best performers of the session on the Nifty 50 were Power Grid Corporation of India Ltd (NS:PGRD), which rose 3.84% or 7.85 points to trade at 212.25 at the close. Meanwhile, Divi's Laboratories Ltd. (NS:DIVI) added 2.74% or 124.00 points to end at 4654.40 and Nestle India Ltd (NS:NEST) was up 1.35% or 256.80 points to 19238.80 in late trade.

The worst performers of the session were ITC Ltd (NS:ITC), which fell 2.56% or 6.00 points to trade at 228.60 at the close. Bajaj Finance Ltd (NS:BJFN) declined 2.12% or 152.85 points to end at 7065.90 and Tata Consumer Products Ltd (NS:TACN) was down 1.94% or 14.60 points to 739.50.

The top performers on the BSE Sensex 30 were Power Grid Corporation of India Ltd (BO:PGRD) which rose 3.84% to 212.30, Dr. Reddy’s Laboratories Ltd (BO:REDY) which was up 1.05% to settle at 4646.75 and Nestle India Ltd (BO:NEST) which gained 1.03% to close at 19197.90.

The worst performers were ITC Ltd (BO:ITC) which was down 2.73% to 228.30 in late trade, Bajaj Finance Ltd (BO:BJFN) which lost 2.10% to settle at 7068.65 and Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 1.75% to 1840.45 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 911 to 889 and 19 ended unchanged; on the Bombay Stock Exchange, 1765 rose and 1451 declined, while 113 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.31% to 16.9525.

Gold Futures for February delivery was down 0.23% or 4.15 to $1784.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.06% or 0.04 to hit $71.33 a barrel, while the February Brent oil contract rose 0.04% or 0.03 to trade at $74.42 a barrel.

USD/INR was up 0.16% to 75.884, while EUR/INR rose 0.46% to 85.8750.

The US Dollar Index Futures was down 0.14% at 96.140.

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