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India stocks lower at close of trade; Nifty 50 down 0.29%

Published 06/28/2021, 06:45 AM
© Reuters India stocks lower at close of trade; Nifty 50 down 0.29%
NSEI
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NIFVIX
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REDY
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HCLT
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HALC
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TCS
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TISC
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TEML
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TITN
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Investing.com – India stocks were lower after the close on Monday, as losses in the Capital Goods, Technology and IT sectors led shares lower.

At the close in NSE, the Nifty 50 fell 0.29%, while the BSE Sensex 30 index lost 0.36%.

The best performers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd (NS:REDY), which rose 1.79% or 94.95 points to trade at 5404.25 at the close. Meanwhile, Hindalco Industries Ltd. (NS:HALC) added 1.70% or 6.40 points to end at 382.30 and Tata Steel Ltd (NS:TISC) was up 1.61% or 18.75 points to 1184.00 in late trade.

The worst performers of the session were HDFC Life Insurance Company Ltd (NS:HDFL), which fell 4.10% or 29.75 points to trade at 696.20 at the close. Titan Company Ltd (NS:TITN) declined 1.47% or 25.80 points to end at 1728.05 and Tata Consultancy Services Ltd. (NS:TCS) was down 1.30% or 44.05 points to 3336.75.

The top performers on the BSE Sensex 30 were Dr. Reddy’s Laboratories Ltd (BO:REDY) which rose 1.75% to 5404.10, Tata Steel Ltd (BO:TISC) which was up 1.64% to settle at 1184.05 and Tech Mahindra Ltd (BO:TEML) which gained 1.43% to close at 1104.80.

The worst performers were Titan Company Ltd (BO:TITN) which was down 1.56% to 1728.00 in late trade, Tata Consultancy Services Ltd. (BO:TCS) which lost 1.33% to settle at 3335.60 and HCL Technologies Ltd (BO:HCLT) which was down 1.00% to 985.55 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 935 to 783 and 48 ended unchanged; on the Bombay Stock Exchange, 1780 rose and 1398 declined, while 141 ended unchanged.

Shares in Tech Mahindra Ltd (BO:TEML) rose to 5-year highs; up 1.43% or 15.55 to 1104.80.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.26% to 13.4025.

Gold Futures for August delivery was down 0.04% or 0.75 to $1777.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.09% or 0.07 to hit $73.98 a barrel, while the September Brent oil contract fell 0.27% or 0.20 to trade at $75.18 a barrel.

USD/INR was down 0.02% to 74.195, while EUR/INR fell 0.01% to 88.5555.

The US Dollar Index Futures was down 0.06% at 91.787.

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