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India shares lower at close of trade; Nifty 50 down 0.07%

Published 08/06/2021, 08:45 pm
© Reuters India shares lower at close of trade; Nifty 50 down 0.07%
NSEI
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NIFVIX
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BRTI
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HCLT
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HALC
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HDFC
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Investing.com – India equities were lower at the close on Tuesday, as losses in the Metals, Banking and Public Sector Undertakings sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 0.07%, while the BSE Sensex 30 index declined 0.10%.

The biggest gainers of the session on the Nifty 50 were Tech Mahindra Ltd (NS:TEML), which rose 2.26% or 23.35 points to trade at 1057.75 at the close. Tata Motors Ltd (NS:TAMO) added 2.10% or 7.25 points to end at 352.75 and Bharti Airtel Ltd. (NS:BRTI) was up 1.93% or 10.35 points to 546.80 in late trade.

Biggest losers included Hindalco Industries Ltd. (NS:HALC), which lost 1.84% or 7.25 points to trade at 387.75 in late trade. Tata Steel Ltd (NS:TISC) declined 1.56% or 17.60 points to end at 1111.10 and Housing Development Finance Corporation Ltd (NS:HDFC) shed 1.21% or 31.25 points to 2554.50.

The top performers on the BSE Sensex 30 were Tech Mahindra Ltd (BO:TEML) which rose 2.53% to 1058.55, Bharti Airtel Ltd (BO:BRTI) which was up 1.91% to settle at 546.80 and HCL Technologies Ltd (BO:HCLT) which gained 1.83% to close at 967.05.

The worst performers were State Bank Of India (BO:SBI) which was down 1.21% to 427.15 in late trade, Housing Development Finance Corporation Ltd (BO:HDFC) which lost 1.18% to settle at 2554.30 and Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 1.11% to 1796.45 at the close.

Advancing stocks outnumbered falling ones by 931 to 769 and 31 ended unchanged; on the Bombay Stock Exchange, 1755 rose and 1309 declined, while 126 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.20% to 15.2250 a new 52-week low.

In commodities trading, Gold Futures for August delivery was down 0.13% or 2.50 to $1896.30 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.74% or 0.51 to hit $68.72 a barrel, while the August Brent oil contract fell 0.78% or 0.56 to trade at $70.93 a barrel.

USD/INR was up 0.13% to 72.880, while EUR/INR rose 0.00% to 88.7210.

The US Dollar Index Futures was up 0.13% at 90.065.

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