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India stocks lower at close of trade; Nifty 50 down 0.76%

Published 07/20/2021, 06:45 AM
India stocks lower at close of trade; Nifty 50 down 0.76%
NSEI
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NIFVIX
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ASPN
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HLL
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HALC
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INBK
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NTPC
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TISC
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ULTC
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BSESN
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BSEMET
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BSEPOWER
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BSEREAL
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Investing.com – India stocks were lower after the close on Tuesday, as losses in the Real Estate, Metals and Power sectors led shares lower.

At the close in NSE, the Nifty 50 fell 0.76% to hit a new 1-month low, while the BSE Sensex 30 index lost 0.68%.

The best performers of the session on the Nifty 50 were Asian Paints Ltd. (NS:ASPN), which rose 5.94% or 177.10 points to trade at 3159.05 at the close. Meanwhile, UltraTech Cement Ltd (NS:ULTC) added 1.54% or 112.35 points to end at 7424.70 and Hindustan Unilever Ltd. (NS:HLL) was up 1.09% or 26.25 points to 2434.90 in late trade.

The worst performers of the session were Hindalco Industries Ltd. (NS:HALC), which fell 3.51% or 13.95 points to trade at 383.00 at the close. IndusInd Bank Ltd. (NS:INBK) declined 3.38% or 34.30 points to end at 981.55 and Tata Steel Ltd (NS:TISC) was down 2.61% or 33.05 points to 1233.35.

The top performers on the BSE Sensex 30 were Asian Paints Ltd. (BO:ASPN) which rose 6.04% to 3159.20, UltraTech Cement Ltd (BO:ULTC) which was up 1.52% to settle at 7423.20 and Hindustan Unilever Ltd. (BO:HLL) which gained 0.97% to close at 2433.90.

The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 3.32% to 982.10 in late trade, Tata Steel Ltd (BO:TISC) which lost 2.65% to settle at 1232.70 and NTPC Ltd (BO:NTPC) which was down 2.39% to 118.45 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1323 to 368 and 41 ended unchanged; on the Bombay Stock Exchange, 2010 fell and 1082 advanced, while 97 ended unchanged.

Shares in Asian Paints Ltd. (NS:ASPN) rose to all time highs; rising 5.94% or 177.10 to 3159.05. Shares in UltraTech Cement Ltd (NS:ULTC) rose to all time highs; up 1.54% or 112.35 to 7424.70. Shares in Asian Paints Ltd. (BO:ASPN) rose to all time highs; gaining 6.04% or 179.85 to 3159.20. Shares in UltraTech Cement Ltd (BO:ULTC) rose to all time highs; up 1.52% or 111.20 to 7423.20.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 4.14% to 13.2050.

Gold Futures for August delivery was up 0.46% or 8.35 to $1817.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.14% or 0.09 to hit $66.44 a barrel, while the September Brent oil contract rose 0.07% or 0.05 to trade at $68.67 a barrel.

USD/INR was down 0.30% to 74.624, while EUR/INR fell 0.40% to 87.9550.

The US Dollar Index Futures was up 0.02% at 92.922.

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