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India stocks lower at close of trade; Nifty 50 down 0.61%

Published 05/11/2021, 06:45 AM
India stocks lower at close of trade; Nifty 50 down 0.61%
NSEI
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NIFVIX
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COAL
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GAIL
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HALC
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HDFC
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JSTL
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KTKM
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NTPC
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ONGC
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PGRD
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TEML
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BSESN
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BSESITIP
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BSEMET
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BSEBANK
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Investing.com – India stocks were lower after the close on Tuesday, as losses in the Metals, Banking and IT sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.61%, while the BSE Sensex 30 index lost 0.69%.

The best performers of the session on the Nifty 50 were Coal India Ltd (NS:COAL), which rose 5.88% or 8.65 points to trade at 155.70 at the close. Meanwhile, GAIL Ltd (NS:GAIL) added 4.76% or 7.35 points to end at 161.90 and NTPC Ltd (NS:NTPC) was up 4.64% or 5.00 points to 112.70 in late trade.

The worst performers of the session were JSW Steel Ltd (NS:JSTL), which fell 3.22% or 24.40 points to trade at 734.25 at the close. Hindalco Industries Ltd. (NS:HALC) declined 3.04% or 12.95 points to end at 412.80 and Kotak Mahindra Bank Ltd. (NS:KTKM) was down 2.98% or 53.90 points to 1755.45.

The top performers on the BSE Sensex 30 were NTPC Ltd (BO:NTPC) which rose 4.60% to 112.65, Oil And Natural Gas Corporation Ltd (BO:ONGC) which was up 3.69% to settle at 118.05 and Power Grid Corporation of India Ltd (BO:PGRD) which gained 1.66% to close at 223.45.

The worst performers were Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 3.00% to 1755.85 in late trade, Housing Development Finance Corporation Ltd (BO:HDFC) which lost 2.68% to settle at 2463.05 and Tech Mahindra Ltd (BO:TEML) which was down 1.53% to 976.25 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1036 to 632 and 52 ended unchanged; on the Bombay Stock Exchange, 1785 rose and 1144 declined, while 170 ended unchanged.

Shares in GAIL Ltd (NS:GAIL) rose to 52-week highs; gaining 4.76% or 7.35 to 161.90. Shares in NTPC Ltd (NS:NTPC) rose to 52-week highs; gaining 4.64% or 5.00 to 112.70. Shares in NTPC Ltd (BO:NTPC) rose to 52-week highs; up 4.60% or 4.95 to 112.65.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.95% to 19.8300.

Gold Futures for June delivery was up 0.19% or 3.45 to $1841.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.97% or 0.63 to hit $64.29 a barrel, while the July Brent oil contract fell 0.89% or 0.61 to trade at $67.71 a barrel.

USD/INR was down 0.14% to 73.344, while EUR/INR rose 0.06% to 89.1430.

The US Dollar Index Futures was down 0.03% at 90.157.

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