Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

India shares lower at close of trade; Nifty 50 down 0.97%

Published 12/07/2022, 08:45 pm
©  Reuters India shares lower at close of trade; Nifty 50 down 0.97%
NSEI
-
NIFVIX
-
BJFN
-
BRTI
-
EICH
-
HALC
-
INFY
-
APSE
-
NTPC
-
PGRD
-
SHCM
-
NEST
-
BSESN
-
SPBSITIP
-
BSEMET
-
BSETECK
-

Investing.com – India equities were lower at the close on Tuesday, as losses in the IT, Technology and Metals sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 0.97%, while the BSE Sensex 30 index declined 0.94%.

The biggest gainers of the session on the Nifty 50 were NTPC Ltd (NS:NTPC), which rose 1.59% or 2.30 points to trade at 147.10 at the close. Shree Cements Ltd. (NS:SHCM) added 0.54% or 107.95 points to end at 19,962.10 and Adani Ports and Special Economic Zone Ltd (NS:APSE) was up 0.37% or 2.70 points to 731.90 in late trade.

Biggest losers included Eicher Motors Ltd. (NS:EICH), which lost 3.05% or 92.80 points to trade at 2,954.05 in late trade. Hindalco Industries Ltd. (NS:HALC) declined 2.61% or 9.30 points to end at 346.90 and Infosys Ltd (NS:INFY) shed 2.35% or 34.55 points to 1,438.60.

The top performers on the BSE Sensex 30 were NTPC Ltd (BO:NTPC) which rose 1.87% to 147.05, Bharti Airtel Ltd (BO:BRTI) which was up 0.33% to settle at 662.45 and Bajaj Finance Ltd (BO:BJFN) which gained 0.21% to close at 5,873.45.

The worst performers were Infosys Ltd (BO:INFY) which was down 2.33% to 1,438.50 in late trade, Nestle India Ltd (BO:NEST) which lost 1.87% to settle at 18,132.60 and Power Grid Corporation of India Ltd (BO:PGRD) which was down 1.66% to 213.40 at the close.

Declining stocks outnumbered rising ones by 1049 to 757 and 72 ended unchanged; on the Bombay Stock Exchange, 1738 fell and 1437 advanced, while 167 ended unchanged on the India National Stock Exchange.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.98% to 18.55.

In commodities trading, Gold Futures for August delivery was down 0.05% or 0.95 to $1,730.75 a troy ounce. Meanwhile, Crude oil for delivery in August fell 2.85% or 2.97 to hit $101.12 a barrel, while the September Brent oil contract fell 2.61% or 2.79 to trade at $104.31 a barrel.

USD/INR was up 0.10% to 79.57, while EUR/INR fell 0.03% to 79.70.

The US Dollar Index Futures was up 0.38% at 108.24.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.