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India shares lower at close of trade; Nifty 50 down 0.09%

Published 22/09/2021, 08:45 pm
© Reuters.  India shares lower at close of trade; Nifty 50 down 0.09%
NSEI
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NIFVIX
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COAL
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HCLT
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HALC
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HDFC
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KTKM
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MAHM
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TEML
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NEST
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BSESN
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BSESCGIP
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BSEPOWER
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BSEBANK
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Investing.com – India equities were lower at the close on Wednesday, as losses in the Banking, Fast Moving Consumer Goods and Power sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 0.09%, while the BSE Sensex 30 index declined 0.13%.

The biggest gainers of the session on the Nifty 50 were Coal India Ltd (NS:COAL), which rose 3.64% or 5.70 points to trade at 162.10 at the close. Tech Mahindra Ltd (NS:TEML) added 3.55% or 51.90 points to end at 1513.60 and Hindalco Industries Ltd. (NS:HALC) was up 2.73% or 12.30 points to 463.30 in late trade.

Biggest losers included Nestle India Ltd (NS:NEST), which lost 1.47% or 295.95 points to trade at 19893.60 in late trade. Housing Development Finance Corporation Ltd (NS:HDFC) declined 1.43% or 39.65 points to end at 2734.70 and Kotak Mahindra Bank Ltd. (NS:KTKM) shed 1.26% or 25.40 points to 1985.55.

The top performers on the BSE Sensex 30 were Tech Mahindra Ltd (BO:TEML) which rose 3.70% to 1514.05, Mahindra & Mahindra Ltd. (BO:MAHM) which was up 1.92% to settle at 752.55 and HCL Technologies Ltd (BO:HCLT) which gained 1.29% to close at 1315.80.

The worst performers were Housing Development Finance Corporation Ltd (BO:HDFC) which was down 1.46% to 2733.05 in late trade, Nestle India Ltd (BO:NEST) which lost 1.22% to settle at 19905.80 and Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 1.19% to 1986.75 at the close.

Advancing stocks outnumbered falling ones by 1178 to 525 and 57 ended unchanged; on the Bombay Stock Exchange, 1989 rose and 1089 declined, while 153 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.17% to 16.4925.

In commodities trading, Gold Futures for December delivery was down 0.22% or 3.85 to $1774.35 a troy ounce. Meanwhile, Crude oil for delivery in November rose 1.63% or 1.15 to hit $71.64 a barrel, while the November Brent oil contract rose 1.41% or 1.05 to trade at $75.41 a barrel.

USD/INR was up 0.20% to 73.885, while EUR/INR rose 0.26% to 86.6660.

The US Dollar Index Futures was down 0.01% at 93.188.

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