🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

India shares lower at close of trade; Nifty 50 down 1.41%

Published 20/12/2023, 09:30 pm
India shares lower at close of trade; Nifty 50 down 1.41%

Investing.com – India equities were lower at the close on Wednesday, as losses in the Power, Public Sector Undertakings and Metals sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 1.41%, while the BSE Sensex 30 index lost 1.30%.

The biggest gainers of the session on the Nifty 50 were Oil And Natural Gas Corporation Ltd (NS:ONGC), which rose 1.45% or 2.90 points to trade at 203.20 at the close. Tata Consumer Products Ltd (NS:TACN) added 1.05% or 10.15 points to end at 976.30 and Britannia Industries Ltd (NS:BRIT) was up 0.89% or 43.70 points to 4,954.95 in late trade.

Biggest losers included Adani Ports and Special Economic Zone Ltd (NS:APSE), which lost 5.76% or 61.85 points to trade at 1,012.15 in late trade. Adani Enterprises Ltd (NS:ADEL) declined 5.35% or 157.40 points to end at 2,783.85 and UPL Ltd (NS:UPLL) shed 4.44% or 26.60 points to 572.15.

The top performers on the BSE Sensex 30 were HDFC Bank Ltd (BO:HDBK) which rose 0.19% to 1,656.20, Hindustan Unilever Ltd. (BO:HLL) which was down 0.18% to settle at 2,556.80 and Axis Bank Ltd. (BO:AXBK) which lost 0.80% to close at 1,110.30.

The worst performers were Tata Steel Ltd (BO:TISC) which was down 4.21% to 129.70 in late trade, NTPC Ltd (BO:NTPC) which lost 3.79% to settle at 298.05 and HCL Technologies Ltd (BO:HCLT) which was down 3.24% to 1,439.90 at the close.

Declining stocks outnumbered rising ones by 1926 to 194 and 29 ended unchanged; on the Bombay Stock Exchange, 3059 fell and 642 advanced, while 81 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 4.20% to 14.45 a new 6-month high.

In commodities trading, Gold Futures for February delivery was down 0.12% or 2.45 to $2,049.65 a troy ounce. Meanwhile, Crude oil for delivery in February rose 1.39% or 1.03 to hit $74.97 a barrel, while the February Brent oil contract rose 1.25% or 0.99 to trade at $80.22 a barrel.

USD/INR was up 0.04% to 83.18, while EUR/INR fell 0.16% to 91.10.

The US Dollar Index Futures was up 0.13% at 101.93.

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.