🐂 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 2.04%

Published 22/02/2021, 09:45 pm
© Reuters.  India shares lower at close of trade; Nifty 50 down 2.04%
NSEI
-
NIFVIX
-
REDY
-
EICH
-
HDBK
-
HALC
-
JSTL
-
KTKM
-
MAHM
-
APSE
-
ONGC
-
TEML
-
BSESN
-
BSESITIP
-
BSEREAL
-
BSETECK
-

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

At the close in NSE, the Nifty 50 lost 2.04%, while the BSE Sensex 30 index fell 2.25%.

The biggest gainers of the session on the Nifty 50 were JSW Steel Ltd (NS:JSTL), which rose 2.87% or 11.35 points to trade at 407.00 at the close. Adani Port and Special Economic Zone Ltd (NS:APSE) added 2.83% or 18.50 points to end at 672.00 and Hindalco Industries Ltd. (NS:HALC) was up 2.14% or 6.60 points to 314.60 in late trade.

Biggest losers included Eicher Motors Ltd. (NS:EICH), which lost 5.18% or 133.90 points to trade at 2450.75 in late trade. Tech Mahindra Ltd (NS:TEML) declined 4.68% or 46.55 points to end at 947.40 and Mahindra & Mahindra Ltd. (NS:MAHM) shed 4.67% or 41.05 points to 838.20.

The top performers on the BSE Sensex 30 were Oil And Natural Gas Corporation Ltd (BO:ONGC) which rose 1.14% to 106.30, Kotak Mahindra Bank Ltd. (BO:KTKM) which was up 0.23% to settle at 1941.75 and HDFC Bank Ltd (BO:HDBK) which gained 0.19% to close at 1541.80.

The worst performers were Tech Mahindra Ltd (BO:TEML) which was down 4.85% to 946.00 in late trade, Mahindra & Mahindra Ltd. (BO:MAHM) which lost 4.28% to settle at 838.90 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 4.21% to 4487.85 at the close.

Declining stocks outnumbered rising ones by 1216 to 465 and 41 ended unchanged; on the Bombay Stock Exchange, 1899 fell and 1011 advanced, while 147 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 14.47% to 25.4700 a new 6-month high.

In commodities trading, Gold Futures for April delivery was up 1.04% or 18.45 to $1795.85 a troy ounce. Meanwhile, Crude oil for delivery in April rose 0.69% or 0.41 to hit $59.67 a barrel, while the May Brent oil contract rose 0.76% or 0.47 to trade at $62.61 a barrel.

USD/INR was down 0.12% to 72.461, while EUR/INR rose 0.01% to 87.9165.

The US Dollar Index Futures was down 0.08% at 90.293.

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.