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India stocks lower at close of trade; Nifty 50 down 1.00%

Published 01/06/2022, 05:45 AM
© Reuters India stocks lower at close of trade; Nifty 50 down 1.00%
NSEI
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NIFVIX
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BAJA
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BRTI
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INBK
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JSTL
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MRTI
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RELI
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TEML
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ULTC
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UPLL
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BSESN
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BSESITIP
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BSEREAL
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BSETECK
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Investing.com – India stocks were lower after the close on Thursday, as losses in the Real Estate, IT and Technology sectors led shares lower.

At the close in NSE, the Nifty 50 fell 1.00%, while the BSE Sensex 30 index lost 1.03%.

The best performers of the session on the Nifty 50 were UPL Ltd (NS:UPLL), which rose 2.39% or 18.25 points to trade at 782.75 at the close. Meanwhile, IndusInd Bank Ltd. (NS:INBK) added 1.96% or 17.75 points to end at 921.70 and Bajaj Auto Ltd (NS:BAJA) was up 1.78% or 59.65 points to 3418.20 in late trade.

The worst performers of the session were JSW Steel Ltd (NS:JSTL), which fell 2.96% or 20.55 points to trade at 673.95 at the close. UltraTech Cement Ltd (NS:ULTC) declined 2.62% or 201.00 points to end at 7458.55 and Tech Mahindra Ltd (NS:TEML) was down 2.62% or 45.45 points to 1692.10.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 1.74% to 919.65, Bharti Airtel Ltd (BO:BRTI) which was up 1.46% to settle at 710.25 and Maruti Suzuki India Ltd. (BO:MRTI) which gained 1.36% to close at 7879.10.

The worst performers were Tech Mahindra Ltd (BO:TEML) which was down 2.56% to 1691.65 in late trade, UltraTech Cement Ltd (BO:ULTC) which lost 2.49% to settle at 7464.60 and Reliance Industries Ltd (BO:RELI) which was down 2.01% to 2416.60 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 956 to 829 and 34 ended unchanged; on the Bombay Stock Exchange, 1930 rose and 1341 declined, while 87 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 4.35% to 17.9775.

Gold Futures for February delivery was down 1.26% or 23.05 to $1802.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.52% or 1.18 to hit $79.03 a barrel, while the March Brent oil contract rose 1.34% or 1.08 to trade at $81.88 a barrel.

USD/INR was up 0.03% to 74.455, while EUR/INR rose 0.24% to 84.2380.

The US Dollar Index Futures was down 0.01% at 96.168.

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