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India stocks lower at close of trade; Nifty 50 down 0.80%

Published 11/11/2021, 05:45 AM
© Reuters.  India stocks lower at close of trade; Nifty 50 down 0.80%
NSEI
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Investing.com – India stocks were lower after the close on Thursday, as losses in the Real Estate, Public Sector Undertakings and Healthcare sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.80%, while the BSE Sensex 30 index fell 0.72%.

The best performers of the session on the Nifty 50 were Titan Company Ltd (NS:TITN), which rose 1.75% or 43.50 points to trade at 2528.10 at the close. Meanwhile, Hindalco Industries Ltd. (NS:HALC) added 0.93% or 4.20 points to end at 453.95 and JSW Steel Ltd (NS:JSTL) was up 0.63% or 4.15 points to 666.55 in late trade.

The worst performers of the session were Indian Oil Corporation Ltd (NS:IOC), which fell 4.41% or 6.15 points to trade at 133.30 at the close. Tech Mahindra Ltd (NS:TEML) declined 2.85% or 44.65 points to end at 1521.95 and State Bank Of India (NS:SBI) was down 2.82% or 14.80 points to 509.60.

The top performers on the BSE Sensex 30 were Titan Company Ltd (BO:TITN) which rose 1.79% to 2528.00, Mahindra & Mahindra Ltd. (BO:MAHM) which was up 0.57% to settle at 924.90 and Reliance Industries Ltd (BO:RELI) which gained 0.22% to close at 2554.95.

The worst performers were State Bank Of India (BO:SBI) which was down 2.83% to 509.55 in late trade, Bajaj Finserv Ltd (BO:BJFS) which lost 2.42% to settle at 17872.05 and Tech Mahindra Ltd (BO:TEML) which was down 2.26% to 1529.95 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1071 to 681 and 49 ended unchanged; on the Bombay Stock Exchange, 1788 fell and 1408 advanced, while 150 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.29% to 16.3525.

Gold Futures for December delivery was up 0.84% or 15.60 to $1863.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.09% or 0.07 to hit $81.27 a barrel, while the January Brent oil contract fell 0.01% or 0.01 to trade at $82.63 a barrel.

USD/INR was up 0.12% to 74.484, while EUR/INR fell 0.00% to 85.3925.

The US Dollar Index Futures was up 0.20% at 95.032.

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