India shares lower at close of trade; Nifty 50 down 0.60%

  • Investing.com
  • Stock Market News
India shares lower at close of trade; Nifty 50 down 0.60%

Investing.com – India equities were lower at the close on Wednesday, as losses in the Real Estate , Technology and IT sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 0.60%, while the BSE Sensex 30 index lost 0.57%.

The biggest gainers of the session on the Nifty 50 were Sun Pharmaceutical Industries Ltd. (NS: SUN ), which rose 2.52% or 19.05 points to trade at 775.10 at the close. Kotak Mahindra Bank Ltd. (NS: KTKM ) added 1.45% or 26.60 points to end at 1867.00 and Mahindra & Mahindra Ltd. (NS: MAHM ) was up 1.12% or 9.35 points to 846.20 in late trade.

Biggest losers included Bajaj Finance Ltd (NS: BJFN ), which lost 3.09% or 218.65 points to trade at 6847.25 in late trade. Bajaj Finserv Ltd (NS: BJFS ) declined 2.70% or 462.80 points to end at 16660.70 and Adani Ports and Special Economic Zone Ltd (NS: APSE ) shed 2.38% or 18.20 points to 745.50.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO: SUN ) which rose 2.59% to 775.55, Kotak Mahindra Bank Ltd. (BO: KTKM ) which was up 1.48% to settle at 1867.75 and Mahindra & Mahindra Ltd. (BO: MAHM ) which gained 1.06% to close at 843.65.

The worst performers were Bajaj Finance Ltd (BO: BJFN ) which was down 3.10% to 6849.80 in late trade, Bajaj Finserv Ltd (BO: BJFS ) which lost 2.55% to settle at 16693.00 and ITC Ltd (BO: ITC ) which was down 1.88% to 224.00 at the close.

Declining stocks outnumbered rising ones by 1034 to 746 and 34 ended unchanged; on the Bombay Stock Exchange, 1677 rose and 1560 declined, while 116 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was up 1.56% to 17.2175.

In commodities trading, Gold Futures for February delivery was down 0.19% or 3.35 to $1768.95 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.95% or 0.67 to hit $70.06 a barrel, while the February Brent oil contract fell 0.75% or 0.55 to trade at $73.15 a barrel.

USD/INR was up 0.33% to 76.290, while EUR/INR rose 0.40% to 85.9410.

The US Dollar Index Futures was down 0.07% at 96.475.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100

Related Articles