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India shares lower at close of trade; Nifty 50 down 0.65%

Published 03/03/2022, 09:45 pm
India shares lower at close of trade; Nifty 50 down 0.65%
NSEI
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NIFVIX
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ASPN
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REDY
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ONGC
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PGRD
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TEML
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ULTC
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UPLL
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WIPR
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BSESN
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BSEAUTO
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BSECG
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BSEBANK
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HDFL
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Investing.com – India equities were lower at the close on Thursday, as losses in the Auto, Banking and Capital Goods sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 0.65%, while the BSE Sensex 30 index fell 0.66%.

The biggest gainers of the session on the Nifty 50 were Oil And Natural Gas Corporation Ltd (NS:ONGC), which rose 4.51% or 7.35 points to trade at 170.30 at the close. UPL Ltd (NS:UPLL) added 3.51% or 24.20 points to end at 713.75 and Power Grid Corporation of India Ltd (NS:PGRD) was up 3.30% or 6.95 points to 217.85 in late trade.

Biggest losers included UltraTech Cement Ltd (NS:ULTC), which lost 6.54% or 418.65 points to trade at 5,980.70 in late trade. Asian Paints Ltd. (NS:ASPN) declined 5.18% or 157.05 points to end at 2,871.90 and HDFC Life Insurance Company Ltd (NS:HDFL) shed 5.18% or 29.05 points to 531.75.

The top performers on the BSE Sensex 30 were Power Grid Corporation of India Ltd (BO:PGRD) which rose 3.34% to 217.90, Wipro Ltd (BO:WIPR) which was up 2.58% to settle at 569.60 and Tech Mahindra Ltd (BO:TEML) which gained 2.43% to close at 1,427.30.

The worst performers were UltraTech Cement Ltd (BO:ULTC) which was down 6.47% to 5,981.85 in late trade, Asian Paints Ltd. (BO:ASPN) which lost 5.20% to settle at 2,871.45 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 3.49% to 3,719.65 at the close.

Advancing stocks outnumbered falling ones by 1047 to 747 and 36 ended unchanged; on the Bombay Stock Exchange, 1994 rose and 1224 declined, while 116 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.69% to 28.16.

In commodities trading, Gold Futures for April delivery was up 0.66% or 12.75 to $1,935.05 a troy ounce. Meanwhile, Crude oil for delivery in April rose 2.78% or 3.07 to hit $113.67 a barrel, while the May Brent oil contract rose 2.51% or 2.84 to trade at $115.77 a barrel.

USD/INR was up 0.51% to 75.97, while EUR/INR rose 0.22% to 84.27.

The US Dollar Index Futures was up 0.14% at 97.56.

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