👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

India stocks lower at close of trade; Nifty 50 down 2.12%

Published 10/03/2024, 06:30 AM
© Reuters.  India stocks lower at close of trade; Nifty 50 down 2.12%
USD/INR
-
EUR/INR
-
GC
-
LCO
-
CL
-
NSEI
-
NIFVIX
-
AXBK
-
BPCL
-
DIVI
-
JSTL
-
LART
-
ONGC
-
RELI
-
SHMF
-
BSESN
-

Investing.com – India stocks were lower after the close on Thursday, as losses in the Real Estate, Capital Goods and Auto sectors led shares lower.

At the close in NSE, the Nifty 50 fell 2.12%, while the BSE Sensex 30 index lost 2.10%.

The best performers of the session on the Nifty 50 were JSW Steel Ltd (NS:JSTL), which rose 1.15% or 11.80 points to trade at 1,039.10 at the close. Meanwhile, Divi's Laboratories Ltd. (NS:DIVI) added 0.12% or 6.50 points to end at 5,430.30 and Oil And Natural Gas Corporation Ltd (NS:ONGC) was up 0.03% or 0.10 points to 292.05 in late trade.

The worst performers of the session were Bharat Petroleum Corp. Ltd. (NS:BPCL), which fell 5.27% or 19.40 points to trade at 348.85 at the close. Shriram Finance Ltd. (NS:SHMF) declined 4.51% or 160.90 points to end at 3,409.50 and Larsen & Toubro Ltd (NS:LART) was down 4.27% or 155.85 points to 3,497.65.

The top performers on the BSE Sensex 30 were JSW Steel Ltd (BO:JSTL) which rose 1.13% to 1,039.35, Tata Steel Ltd (BO:TISC) which was unchanged 0.00% to settle at 167.00 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which lost 0.35% to close at 1,912.75.

The worst performers were Larsen & Toubro Ltd (BO:LART) which was down 3.95% to 3,507.10 in late trade, Reliance Industries Ltd (BO:RELI) which lost 3.93% to settle at 2,814.80 and Axis Bank Ltd. (BO:AXBK) which was down 3.87% to 1,178.50 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 2081 to 413 and 102 ended unchanged; on the Bombay Stock Exchange, 2727 fell and 1078 advanced, while 88 ended unchanged.

Shares in JSW Steel Ltd (NS:JSTL) rose to all time highs; up 1.15% or 11.80 to 1,039.10. Shares in JSW Steel Ltd (BO:JSTL) rose to all time highs; rising 1.13% or 11.65 to 1,039.35.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 9.43% to 13.12.

Gold Futures for December delivery was down 0.11% or 2.85 to $2,666.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 2.20% or 1.54 to hit $71.64 a barrel, while the December Brent oil contract rose 2.02% or 1.49 to trade at $75.39 a barrel.

USD/INR was up 0.04% to 83.97, while EUR/INR fell 0.04% to 92.68.

The US Dollar Index Futures was up 0.24% at 101.67.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.