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India shares lower at close of trade; Nifty 50 down 1.17%

Published 06-09-2024, 04:00 pm
© Reuters India shares lower at close of trade; Nifty 50 down 1.17%
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Investing.com – India equities were lower at the close on Friday, as losses in the Public Sector Undertakings, Oil & Gas and Banking sectors led shares lower.

At the close in NSE, the Nifty 50 declined 1.17%, while the BSE Sensex 30 index declined 1.24%.

The biggest gainers of the session on the Nifty 50 were Bajaj Finance Ltd (NS:BJFN), which rose 0.97% or 70.10 points to trade at 7,315.00 at the close. Asian Paints Ltd. (NS:ASPN) added 0.87% or 28.25 points to end at 3,266.50 and JSW Steel Ltd (NS:JSTL) was up 0.60% or 5.55 points to 931.00 in late trade.

Biggest losers included State Bank Of India (NS:SBI), which fell 4.26% or 34.85 points to trade at 783.90 in late trade. Bharat Petroleum Corp. Ltd. (NS:BPCL) declined 2.34% or 8.45 points to end at 352.25 and ICICI Bank Ltd (NS:ICBK) down 2.14% or 26.50 points to 1,209.45.

The top performers on the BSE Sensex 30 were Bajaj Finance Ltd (BO:BJFN) which rose 1.22% to 7,331.50, Asian Paints Ltd. (BO:ASPN) which was up 0.80% to settle at 3,263.60 and JSW Steel Ltd (BO:JSTL) which gained 0.79% to close at 932.35.

The worst performers were State Bank Of India (BO:SBI) which was down 4.23% to 783.95 in late trade, NTPC Ltd (BO:NTPC) which lost 2.12% to settle at 395.00 and ICICI Bank Ltd (BO:ICBK) which was down 2.09% to 1,210.05 at the close.

Falling stocks outnumbered advancing ones by 1795 to 653 and 22 ended unchanged; on the Bombay Stock Exchange, 2399 fell and 1381 advanced, while 89 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 6.49% to 15.13.

Gold Futures for December delivery was up 0.24% or 6.20 to $2,549.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.38% or 0.26 to hit $69.41 a barrel, while the November Brent oil contract rose 0.37% or 0.27 to trade at $72.96 a barrel.

USD/INR was down 0.04% to 83.96, while EUR/INR fell 0.06% to 93.27.

The US Dollar Index Futures was down 0.11% at 100.97.

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