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India stocks lower at close of trade; Nifty 50 down 0.40%

Published 02/21/2022, 05:45 AM
© Reuters India stocks lower at close of trade; Nifty 50 down 0.40%
NSEI
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NIFVIX
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COAL
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HALC
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INFY
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ITC
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PGRD
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SHCM
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SUN
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TCS
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UPLL
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WIPR
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BSESN
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BSEMET
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BSEOIL
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BSEPOWER
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Investing.com – India stocks were lower after the close on Monday, as losses in the Oil & Gas, Metals and Power sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.40%, while the BSE Sensex 30 index declined 0.26%.

The best performers of the session on the Nifty 50 were Wipro Ltd (NS:WIPR), which rose 1.48% or 8.35 points to trade at 570.80 at the close. Meanwhile, Shree Cements Ltd. (NS:SHCM) added 1.35% or 328.80 points to end at 24678.35 and Infosys Ltd (NS:INFY) was up 1.32% or 22.55 points to 1729.50 in late trade.

The worst performers of the session were Coal India Ltd (NS:COAL), which fell 3.65% or 6.10 points to trade at 161.20 at the close. Hindalco Industries Ltd. (NS:HALC) declined 3.38% or 17.90 points to end at 511.70 and UPL Ltd (NS:UPLL) was down 2.87% or 20.80 points to 704.15.

The top performers on the BSE Sensex 30 were Wipro Ltd (BO:WIPR) which rose 1.45% to 570.65, Infosys Ltd (BO:INFY) which was up 1.38% to settle at 1730.60 and Power Grid Corporation of India Ltd (BO:PGRD) which gained 1.17% to close at 198.10.

The worst performers were Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 2.39% to 842.95 in late trade, Tata Consultancy Services Ltd. (BO:TCS) which lost 1.96% to settle at 3720.25 and ITC Ltd (BO:ITC) which was down 1.69% to 218.10 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1607 to 235 and 26 ended unchanged; on the Bombay Stock Exchange, 2705 fell and 685 advanced, while 126 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 3.33% to 22.9025.

Gold Futures for April delivery was down 0.02% or 0.40 to $1899.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.30% or 0.27 to hit $89.94 a barrel, while the May Brent oil contract fell 0.20% or 0.18 to trade at $91.21 a barrel.

USD/INR was down 0.15% to 74.572, while EUR/INR rose 0.24% to 84.7340.

The US Dollar Index Futures was down 0.22% at 95.810.

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