India stocks lower at close of trade; Nifty 50 down 0.25%

This post was originally published on this site

At the close in NSE, the Nifty 50 lost 0.25%, while the BSE Sensex 30 index declined 0.29%.

The best performers of the session on the Nifty 50 were Power Grid Corporation of India Ltd (NS:PGRD), which rose 3.84% or 7.85 points to trade at 212.25 at the close. Meanwhile, Divi’s Laboratories Ltd. (NS:DIVI) added 2.74% or 124.00 points to end at 4654.40 and Nestle India Ltd (NS:NEST) was up 1.35% or 256.80 points to 19238.80 in late trade.

The worst performers of the session were ITC Ltd (NS:ITC), which fell 2.56% or 6.00 points to trade at 228.60 at the close. Bajaj Finance Ltd (NS:BJFN) declined 2.12% or 152.85 points to end at 7065.90 and Tata Consumer Products Ltd (NS:TACN) was down 1.94% or 14.60 points to 739.50.

The top performers on the BSE Sensex 30 were Power Grid Corporation of India Ltd (BO:PGRD) which rose 3.84% to 212.30, Dr. Reddy’s Laboratories Ltd (BO:REDY) which was up 1.05% to settle at 4646.75 and Nestle India Ltd (BO:NEST) which gained 1.03% to close at 19197.90.

The worst performers were ITC Ltd (BO:ITC) which was down 2.73% to 228.30 in late trade, Bajaj Finance Ltd (BO:BJFN) which lost 2.10% to settle at 7068.65 and Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 1.75% to 1840.45 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 911 to 889 and 19 ended unchanged; on the Bombay Stock Exchange, 1765 rose and 1451 declined, while 113 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.31% to 16.9525.

Gold Futures for February delivery was down 0.23% or 4.15 to $1784.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.06% or 0.04 to hit $71.33 a barrel, while the February Brent oil contract rose 0.04% or 0.03 to trade at $74.42 a barrel.

USD/INR was up 0.16% to 75.884, while EUR/INR rose 0.46% to 85.8750.

The US Dollar Index Futures was down 0.14% at 96.140.