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India stocks lower at close of trade; Nifty 50 down 0.28%

Published 06/21/2024, 06:30 AM
Updated 06/21/2024, 06:35 AM
© Reuters India stocks lower at close of trade; Nifty 50 down 0.28%
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Investing.com – India stocks were lower after the close on Friday, as losses in the Oil & Gas, Capital Goods and Fast Moving Consumer Goods sectors led shares lower.

At the close in NSE, the Nifty 50 declined 0.28%, while the BSE Sensex 30 index lost 0.35%.

The best performers of the session on the Nifty 50 were Bharti Airtel Ltd. (NS:BRTI), which rose 2.53% or 34.90 points to trade at 1,416.05 at the close. Meanwhile, LTIMindtree Ltd (NS:LTIM) added 1.44% or 73.00 points to end at 5,125.45 and Hindalco Industries Ltd. (NS:HALC) was up 1.18% or 8.00 points to 684.50 in late trade.

The worst performers of the session were UltraTech Cement Ltd (NS:ULTC), which fell 2.21% or 240.80 points to trade at 10,662.40 at the close. Adani Enterprises Ltd (NS:ADEL) declined 2.15% or 70.15 points to end at 3,189.30 and Bharat Petroleum Corp. Ltd. (NS:BPCL) was down 1.77% or 5.53 points to 307.60.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 1.65% to 1,403.95, Infosys Ltd (BO:INFY) which was up 0.75% to settle at 1,526.65 and JSW Steel Ltd (BO:JSTL) which gained 0.54% to close at 934.50.

The worst performers were UltraTech Cement Ltd (BO:ULTC) which was down 2.46% to 10,637.45 in late trade, Larsen & Toubro Ltd (BO:LART) which lost 2.12% to settle at 3,521.00 and Tata Motors Ltd (BO:TAMO) which was down 1.85% to 960.00 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1256 to 993 and 24 ended unchanged; on the Bombay Stock Exchange, 1996 fell and 1728 advanced, while 115 ended unchanged.

Shares in JSW Steel Ltd (BO:JSTL) rose to all time highs; up 0.54% or 5.00 to 934.50.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.24% to 13.18.

Gold Futures for August delivery was up 0.30% or 7.00 to $2,376.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.05% or 0.04 to hit $81.25 a barrel, while the August Brent oil contract fell 0.08% or 0.07 to trade at $85.64 a barrel.

USD/INR was down 0.06% to 83.57, while EUR/INR fell 0.23% to 89.29.

The US Dollar Index Futures was up 0.21% at 105.44.

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