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India stocks lower at close of trade; Nifty 50 down 0.64%

Published 06/16/2021, 06:45 AM
© Reuters.  India stocks lower at close of trade; Nifty 50 down 0.64%
NSEI
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Investing.com – India stocks were lower after the close on Wednesday, as losses in the Metals, Capital Goods and Power sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.64%, while the BSE Sensex 30 index declined 0.51%.

The best performers of the session on the Nifty 50 were NTPC Ltd (NS:NTPC), which rose 1.70% or 2.00 points to trade at 119.80 at the close. Meanwhile, Nestle India Ltd (NS:NEST) added 1.59% or 280.40 points to end at 17965.20 and Oil And Natural Gas Corporation Ltd (NS:ONGC) was up 1.08% or 1.35 points to 126.70 in late trade.

The worst performers of the session were Adani Ports and Special Economic Zone Ltd (NS:APSE), which fell 7.24% or 55.15 points to trade at 706.70 at the close. Tata Steel Ltd (NS:TISC) declined 2.74% or 32.15 points to end at 1142.15 and JSW Steel Ltd (NS:JSTL) was down 2.72% or 19.70 points to 705.40.

The top performers on the BSE Sensex 30 were Nestle India Ltd (BO:NEST) which rose 1.66% to 17972.45, NTPC Ltd (BO:NTPC) which was up 1.61% to settle at 119.80 and Oil And Natural Gas Corporation Ltd (BO:ONGC) which gained 1.04% to close at 126.65.

The worst performers were Power Grid Corporation of India Ltd (BO:PGRD) which was down 2.18% to 242.10 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 1.92% to settle at 1013.70 and Reliance Industries Ltd (BO:RELI) which was down 1.69% to 2211.65 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1109 to 591 and 33 ended unchanged; on the Bombay Stock Exchange, 1715 fell and 1375 advanced, while 106 ended unchanged.

Shares in NTPC Ltd (NS:NTPC) rose to 52-week highs; rising 1.70% or 2.00 to 119.80. Shares in Oil And Natural Gas Corporation Ltd (NS:ONGC) rose to 52-week highs; gaining 1.08% or 1.35 to 126.70. Shares in NTPC Ltd (BO:NTPC) rose to 52-week highs; up 1.61% or 1.90 to 119.80. Shares in Oil And Natural Gas Corporation Ltd (BO:ONGC) rose to 52-week highs; rising 1.04% or 1.30 to 126.65.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.78% to 14.8650.

Gold Futures for August delivery was up 0.17% or 3.10 to $1859.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.18% or 0.13 to hit $72.25 a barrel, while the August Brent oil contract rose 0.28% or 0.21 to trade at $74.20 a barrel.

USD/INR was down 0.05% to 73.316, while EUR/INR fell 0.10% to 88.8435.

The US Dollar Index Futures was up 0.01% at 90.507.

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