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India shares lower at close of trade; Nifty 50 down 0.67%

Published 09/06/2021, 08:45 pm
© Reuters India shares lower at close of trade; Nifty 50 down 0.67%
NSEI
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BJFS
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GAIL
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LART
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APSE
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NTPC
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Investing.com – India equities were lower at the close on Wednesday, as losses in the Oil & Gas, Real Estate and Capital Goods sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 0.67%, while the BSE Sensex 30 index declined 0.64%.

The biggest gainers of the session on the Nifty 50 were Power Grid Corporation of India Ltd (NS:PGRD), which rose 3.44% or 8.05 points to trade at 242.10 at the close. SBI Life Insurance Company Ltd (NS:SBIL) added 1.91% or 18.75 points to end at 998.60 and NTPC Ltd (NS:NTPC) was up 1.64% or 1.90 points to 118.10 in late trade.

Biggest losers included GAIL Ltd (NS:GAIL), which lost 3.22% or 5.40 points to trade at 162.40 in late trade. Tata Motors Ltd (NS:TAMO) declined 2.66% or 9.40 points to end at 343.35 and Adani Port and Special Economic Zone Ltd (NS:APSE) shed 2.47% or 21.60 points to 852.60.

The top performers on the BSE Sensex 30 were Power Grid Corporation of India Ltd (BO:PGRD) which rose 3.42% to 242.00, NTPC Ltd (BO:NTPC) which was up 1.72% to settle at 118.15 and Titan Company Ltd (BO:TITN) which gained 0.98% to close at 1729.60.

The worst performers were Reliance Industries Ltd (BO:RELI) which was down 1.80% to 2174.75 in late trade, Larsen & Toubro Ltd (BO:LART) which lost 1.80% to settle at 1518.70 and Bajaj Finserv Ltd (BO:BJFS) which was down 1.46% to 11560.00 at the close.

Declining stocks outnumbered rising ones by 1091 to 616 and 27 ended unchanged; on the Bombay Stock Exchange, 1670 fell and 1385 advanced, while 136 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.10% to 14.7525 a new 52-week low.

In commodities trading, Gold Futures for August delivery was down 0.12% or 2.25 to $1892.15 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.33% or 0.23 to hit $70.28 a barrel, while the August Brent oil contract rose 0.33% or 0.24 to trade at $72.46 a barrel.

USD/INR was up 0.03% to 72.975, while EUR/INR rose 0.22% to 88.9845.

The US Dollar Index Futures was down 0.11% at 89.977.

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