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India shares lower at close of trade; Nifty 50 down 0.56%

Published 17/11/2021, 09:45 pm
© Reuters India shares lower at close of trade; Nifty 50 down 0.56%
NSEI
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NIFVIX
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ASPN
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AXBK
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CIPL
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KTKM
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MRTI
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PGRD
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RELI
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UPLL
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BSEOIL
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Investing.com – India equities were lower at the close on Wednesday, as losses in the Real Estate, Oil & Gas and Banking sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 0.56%, while the BSE Sensex 30 index fell 0.52%.

The biggest gainers of the session on the Nifty 50 were Maruti Suzuki India Ltd. (NS:MRTI), which rose 2.79% or 224.40 points to trade at 8274.75 at the close. Asian Paints Ltd. (NS:ASPN) added 2.49% or 78.55 points to end at 3230.25 and SBI Life Insurance Company Ltd (NS:SBIL) was up 2.35% or 27.05 points to 1180.05 in late trade.

Biggest losers included UPL Ltd (NS:UPLL), which lost 3.13% or 24.45 points to trade at 755.60 in late trade. Reliance Industries Ltd (NS:RELI) declined 2.14% or 53.90 points to end at 2464.00 and Cipla Ltd. (NS:CIPL) shed 2.09% or 19.25 points to 902.50.

The top performers on the BSE Sensex 30 were Maruti Suzuki India Ltd. (BO:MRTI) which rose 2.77% to 8273.00, Asian Paints Ltd. (BO:ASPN) which was up 2.47% to settle at 3229.80 and Power Grid Corporation of India Ltd (BO:PGRD) which gained 2.08% to close at 191.15.

The worst performers were AXIS Bank Ltd. (BO:AXBK) which was down 1.95% to 712.15 in late trade, Reliance Industries Ltd (BO:RELI) which lost 1.91% to settle at 2464.05 and Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 1.51% to 2051.50 at the close.

Declining stocks outnumbered rising ones by 1065 to 687 and 47 ended unchanged; on the Bombay Stock Exchange, 1791 fell and 1461 advanced, while 107 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.41% to 14.9800 a new 1-month low.

In commodities trading, Gold Futures for December delivery was up 0.46% or 8.55 to $1862.65 a troy ounce. Meanwhile, Crude oil for delivery in January fell 1.00% or 0.80 to hit $78.94 a barrel, while the January Brent oil contract fell 0.89% or 0.73 to trade at $81.70 a barrel.

USD/INR was down 0.25% to 74.265, while EUR/INR fell 0.32% to 84.0010.

The US Dollar Index Futures was up 0.03% at 95.942.

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