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India shares lower at close of trade; Nifty 50 down 0.13%

Published 10-06-2024, 04:00 pm
© Reuters.  India shares lower at close of trade; Nifty 50 down 0.13%

Investing.com – India equities were lower at the close on Monday, as losses in the Technology, Metals and Oil & Gas sectors led shares lower.

At the close in NSE, the Nifty 50 declined 0.13%, while the BSE Sensex 30 index lost 0.27%.

The biggest gainers of the session on the Nifty 50 were UltraTech Cement Ltd (NS:ULTC), which rose 3.47% or 363.10 points to trade at 10,826.25 at the close. Hero MotoCorp Ltd (NS:HROM) added 2.51% or 140.35 points to end at 5,722.20 and Cipla Ltd. (NS:CIPL) was up 2.47% or 37.00 points to 1,534.25 in late trade.

Biggest losers included Tech Mahindra Ltd (NS:TEML), which fell 2.70% or 37.25 points to trade at 1,340.35 in late trade. Infosys Ltd (NS:INFY) declined 2.21% or 33.85 points to end at 1,499.75 and Wipro Ltd (NS:WIPR) down 1.88% or 9.10 points to 475.45.

The top performers on the BSE Sensex 30 were UltraTech Cement Ltd (BO:ULTC) which rose 3.19% to 10,796.05, Power Grid Corporation of India Ltd (BO:PGRD) which was up 2.13% to settle at 315.95 and Nestle India Ltd (BO:NEST) which gained 1.81% to close at 2,548.85.

The worst performers were Tech Mahindra Ltd (BO:TEML) which was down 2.65% to 1,341.00 in late trade, Infosys Ltd (BO:INFY) which lost 2.26% to settle at 1,498.75 and Wipro Ltd (BO:WIPR) which was down 1.81% to 475.70 at the close.

Rising stocks outnumbered declining ones by 1527 to 733 and 23 ended unchanged; on the Bombay Stock Exchange, 2533 rose and 1309 declined, while 130 ended unchanged on the India National Stock Exchange.

Shares in UltraTech Cement Ltd (NS:ULTC) rose to all time highs; up 3.47% or 363.10 to 10,826.25. Shares in Hero MotoCorp Ltd (NS:HROM) rose to all time highs; gaining 2.51% or 140.35 to 5,722.20. Shares in Cipla Ltd. (NS:CIPL) rose to all time highs; gaining 2.47% or 37.00 to 1,534.25. Shares in UltraTech Cement Ltd (BO:ULTC) rose to all time highs; rising 3.19% or 333.85 to 10,796.05.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.87% to 16.40 a new 1-month low.

Gold Futures for August delivery was down 0.49% or 11.50 to $2,313.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.15% or 0.11 to hit $75.64 a barrel, while the August Brent oil contract rose 0.20% or 0.16 to trade at $79.78 a barrel.

USD/INR was unchanged 0.00% to 83.53, while EUR/INR fell 1.29% to 89.67.

The US Dollar Index Futures was up 0.12% at 104.98.

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