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India shares lower at close of trade; Nifty 50 down 0.61%

Published 11/05/2021, 08:45 pm
© Reuters.  India shares lower at close of trade; Nifty 50 down 0.61%
NSEI
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NIFVIX
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COAL
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GAIL
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HALC
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HDFC
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JSTL
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KTKM
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NTPC
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ONGC
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PGRD
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TEML
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BSESN
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BSESITIP
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BSEMET
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BSEBANK
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Investing.com – India equities were lower at the close on Tuesday, as losses in the Metals, Banking and IT sectors propelled shares lower.

At the close in NSE, the Nifty 50 declined 0.61%, while the BSE Sensex 30 index lost 0.69%.

The biggest gainers of the session on the Nifty 50 were Coal India Ltd (NS:COAL), which rose 5.88% or 8.65 points to trade at 155.70 at the close. GAIL Ltd (NS:GAIL) added 4.76% or 7.35 points to end at 161.90 and NTPC Ltd (NS:NTPC) was up 4.64% or 5.00 points to 112.70 in late trade.

Biggest losers included JSW Steel Ltd (NS:JSTL), which lost 3.22% or 24.40 points to trade at 734.25 in late trade. Hindalco Industries Ltd. (NS:HALC) declined 3.04% or 12.95 points to end at 412.80 and Kotak Mahindra Bank Ltd. (NS:KTKM) shed 2.98% or 53.90 points to 1755.45.

The top performers on the BSE Sensex 30 were NTPC Ltd (BO:NTPC) which rose 4.60% to 112.65, Oil And Natural Gas Corporation Ltd (BO:ONGC) which was up 3.69% to settle at 118.05 and Power Grid Corporation of India Ltd (BO:PGRD) which gained 1.66% to close at 223.45.

The worst performers were Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 3.00% to 1755.85 in late trade, Housing Development Finance Corporation Ltd (BO:HDFC) which lost 2.68% to settle at 2463.05 and Tech Mahindra Ltd (BO:TEML) which was down 1.53% to 976.25 at the close.

Advancing stocks outnumbered falling ones by 1036 to 632 and 52 ended unchanged; on the Bombay Stock Exchange, 1785 rose and 1144 declined, while 170 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.95% to 19.8300.

In commodities trading, Gold Futures for June delivery was up 0.19% or 3.45 to $1841.05 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.97% or 0.63 to hit $64.29 a barrel, while the July Brent oil contract fell 0.89% or 0.61 to trade at $67.71 a barrel.

USD/INR was down 0.14% to 73.344, while EUR/INR rose 0.06% to 89.1430.

The US Dollar Index Futures was down 0.03% at 90.157.

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