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India shares lower at close of trade; Nifty 50 down 0.57%

Published 13/07/2022, 08:45 pm
© Reuters India shares lower at close of trade; Nifty 50 down 0.57%
NSEI
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Investing.com – India equities were lower at the close on Wednesday, as losses in the Power, Oil & Gas and Technology sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 0.57%, while the BSE Sensex 30 index fell 0.69%.

The biggest gainers of the session on the Nifty 50 were Divi's Laboratories Ltd. (NS:DIVI), which rose 2.48% or 91.35 points to trade at 3,778.80 at the close. JSW Steel Ltd (NS:JSTL) added 2.46% or 14.15 points to end at 588.60 and Hindustan Unilever Ltd. (NS:HLL) was up 1.97% or 48.20 points to 2,497.75 in late trade.

Biggest losers included IndusInd Bank Ltd. (NS:INBK), which lost 3.31% or 28.00 points to trade at 819.05 in late trade. Bharti Airtel Ltd. (NS:BRTI) declined 2.94% or 19.50 points to end at 643.50 and Housing Development Finance Corporation Ltd (NS:HDFC) shed 2.78% or 61.85 points to 2,165.05.

The top performers on the BSE Sensex 30 were Hindustan Unilever Ltd. (BO:HLL) which rose 1.97% to 2,497.55, Asian Paints Ltd. (BO:ASPN) which was up 1.70% to settle at 2,941.40 and Kotak Mahindra Bank Ltd. (BO:KTKM) which gained 1.40% to close at 1,742.85.

The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 3.42% to 817.75 in late trade, Bharti Airtel Ltd (BO:BRTI) which lost 2.87% to settle at 643.45 and Housing Development Finance Corporation Ltd (BO:HDFC) which was down 2.53% to 2,170.00 at the close.

Declining stocks outnumbered rising ones by 938 to 874 and 63 ended unchanged; on the Bombay Stock Exchange, 1624 rose and 1571 declined, while 140 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.15% to 18.52.

In commodities trading, Gold Futures for August delivery was up 0.16% or 2.70 to $1,727.50 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.80% or 0.77 to hit $96.61 a barrel, while the September Brent oil contract rose 0.68% or 0.68 to trade at $100.17 a barrel.

USD/INR was down 0.20% to 79.60, while EUR/INR rose 0.44% to 80.10.

The US Dollar Index Futures was down 0.11% at 107.79.

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