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India stocks lower at close of trade; Nifty 50 down 0.82%

Published 12/13/2021, 05:45 AM
©  Reuters India stocks lower at close of trade; Nifty 50 down 0.82%
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Investing.com – India stocks were lower after the close on Monday, as losses in the Real Estate, Oil & Gas and Fast Moving Consumer Goods sectors led shares lower.

At the close in NSE, the Nifty 50 declined 0.82%, while the BSE Sensex 30 index declined 0.86%.

The best performers of the session on the Nifty 50 were AXIS Bank Ltd (NS:AXBK), which rose 2.32% or 15.95 points to trade at 704.00 at the close. Meanwhile, Tech Mahindra Ltd (NS:TEML) added 2.22% or 35.50 points to end at 1638.15 and Maruti Suzuki India Ltd. (NS:MRTI) was up 1.22% or 90.75 points to 7516.40 in late trade.

The worst performers of the session were Bajaj Finance Ltd (NS:BJFN), which fell 3.14% or 233.75 points to trade at 7218.75 at the close. Bajaj Finserv Ltd (NS:BJFS) declined 2.19% or 387.10 points to end at 17324.00 and Tata Consumer Products Ltd (NS:TACN) was down 2.02% or 15.55 points to 754.10.

The top performers on the BSE Sensex 30 were AXIS Bank Ltd. (BO:AXBK) which rose 2.38% to 704.05, Tech Mahindra Ltd (BO:TEML) which was up 2.20% to settle at 1637.85 and Maruti Suzuki India Ltd. (BO:MRTI) which gained 1.20% to close at 7515.40.

The worst performers were Bajaj Finance Ltd (BO:BJFN) which was down 3.10% to 7220.10 in late trade, Bajaj Finserv Ltd (BO:BJFS) which lost 2.14% to settle at 17343.50 and Reliance Industries Ltd (BO:RELI) which was down 2.00% to 2409.80 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 914 to 895 and 47 ended unchanged; on the Bombay Stock Exchange, 1872 rose and 1500 declined, while 167 ended unchanged.

Shares in Tech Mahindra Ltd (NS:TEML) rose to all time highs; up 2.22% or 35.50 to 1638.15. Shares in Tech Mahindra Ltd (BO:TEML) rose to all time highs; gaining 2.20% or 35.25 to 1637.85.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 3.18% to 16.5700.

Gold Futures for February delivery was up 0.08% or 1.40 to $1786.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.07% or 0.05 to hit $71.72 a barrel, while the February Brent oil contract rose 0.31% or 0.23 to trade at $75.38 a barrel.

USD/INR was up 0.14% to 75.801, while EUR/INR fell 0.25% to 85.4050.

The US Dollar Index Futures was up 0.31% at 96.370.

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