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India shares lower at close of trade; Nifty 50 down 0.75%

Published 18/11/2021, 09:45 pm
© Reuters India shares lower at close of trade; Nifty 50 down 0.75%
NSEI
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HCLT
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HDBK
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IOC
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MAHM
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Investing.com – India equities were lower at the close on Thursday, as losses in the Metals, Auto and Capital Goods sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 0.75%, while the BSE Sensex 30 index declined 0.62%.

The biggest gainers of the session on the Nifty 50 were State Bank Of India (NS:SBI), which rose 1.13% or 5.65 points to trade at 503.80 at the close. Indian Oil Corporation Ltd (NS:IOC) added 0.70% or 0.90 points to end at 129.35 and HDFC Bank Ltd (NS:HDBK) was up 0.56% or 8.60 points to 1539.40 in late trade.

Biggest losers included Tata Motors Ltd (NS:TAMO), which lost 3.86% or 20.45 points to trade at 509.70 in late trade. Mahindra & Mahindra Ltd. (NS:MAHM) declined 3.50% or 33.45 points to end at 921.00 and Tech Mahindra Ltd (NS:TEML) shed 3.13% or 50.70 points to 1567.75.

The top performers on the BSE Sensex 30 were State Bank Of India (BO:SBI) which rose 1.16% to 503.95, Power Grid Corporation of India Ltd (BO:PGRD) which was up 0.63% to settle at 192.35 and HDFC Bank Ltd (BO:HDBK) which gained 0.58% to close at 1539.60.

The worst performers were Mahindra & Mahindra Ltd. (BO:MAHM) which was down 3.28% to 923.80 in late trade, Tech Mahindra Ltd (BO:TEML) which lost 3.19% to settle at 1566.30 and HCL Technologies Ltd (BO:HCLT) which was down 2.88% to 1120.20 at the close.

Declining stocks outnumbered rising ones by 1361 to 400 and 42 ended unchanged; on the Bombay Stock Exchange, 2211 fell and 1020 advanced, while 129 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.82% to 14.8575 a new 1-month low.

In commodities trading, Gold Futures for December delivery was down 0.40% or 7.50 to $1862.70 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.23% or 0.18 to hit $77.37 a barrel, while the January Brent oil contract fell 0.12% or 0.10 to trade at $80.18 a barrel.

USD/INR was up 0.09% to 74.304, while EUR/INR rose 0.25% to 84.2420.

The US Dollar Index Futures was down 0.12% at 95.715.

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