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India shares lower at close of trade; Nifty 50 down 0.22%

Published 29/12/2023, 09:30 pm
India shares lower at close of trade; Nifty 50 down 0.22%

Investing.com – India equities were lower at the close on Friday, as losses in the Oil & Gas, Public Sector Undertakings and Banking sectors propelled shares lower.

At the close in NSE, the Nifty 50 declined 0.22%, while the BSE Sensex 30 index declined 0.23%.

The biggest gainers of the session on the Nifty 50 were Tata Consumer Products Ltd (NS:TACN), which rose 4.40% or 45.80 points to trade at 1,086.80 at the close. Tata Motors Ltd (NS:TAMO) added 3.46% or 26.05 points to end at 779.95 and Bajaj Auto Ltd (NS:BAJA) was up 1.40% or 93.95 points to 6,797.25 in late trade.

Biggest losers included Bharat Petroleum Corp. Ltd. (NS:BPCL), which lost 3.25% or 15.15 points to trade at 450.65 in late trade. State Bank Of India (NS:SBI) declined 1.44% or 9.35 points to end at 642.05 and Oil And Natural Gas Corporation Ltd (NS:ONGC) shed 1.34% or 2.80 points to 205.50.

The top performers on the BSE Sensex 30 were Nestle India Ltd (BO:NEST) which rose 1.60% to 26,661.00, Hindustan Unilever Ltd. (BO:HLL) which was up 1.12% to settle at 2,663.35 and Tata Steel Ltd (BO:TISC) which gained 0.98% to close at 139.50.

The worst performers were State Bank Of India (BO:SBI) which was down 1.41% to 641.95 in late trade, Infosys Ltd (BO:INFY) which lost 1.29% to settle at 1,542.85 and Titan Company Ltd (BO:TITN) which was down 1.09% to 3,675.95 at the close.

Advancing stocks outnumbered falling ones by 1129 to 973 and 54 ended unchanged; on the Bombay Stock Exchange, 1961 rose and 1673 declined, while 121 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.21% to 14.50.

In commodities trading, Gold Futures for February delivery was down 0.58% or 12.00 to $2,071.50 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.11% or 0.08 to hit $71.85 a barrel, while the March Brent oil contract rose 0.32% or 0.25 to trade at $77.40 a barrel.

USD/INR was down 0.01% to 83.19, while EUR/INR unchanged 0.00% to 91.97.

The US Dollar Index Futures was up 0.15% at 101.07.

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