India stocks lower at close of trade; Nifty 50 down 0.38%
2022.05.10 14:01
India stocks lower at close of trade; Nifty 50 down 0.38%
Investing.com – India stocks were lower after the close on Tuesday, as losses in the Metals, Power and Real Estate sectors led shares lower.
At the close in NSE, the Nifty 50 lost 0.38% to hit a new 1-month low, while the BSE Sensex 30 index declined 0.19%.
The best performers of the session on the Nifty 50 were Hindustan Unilever Ltd. (NS:HLL), which rose 3.01% or 63.75 points to trade at 2,180.40 at the close. Meanwhile, Asian Paints Ltd. (NS:ASPN) added 2.70% or 81.10 points to end at 3,086.35 and IndusInd Bank Ltd. (NS:INBK) was up 2.38% or 21.20 points to 910.90 in late trade.
The worst performers of the session were Coal India Ltd (NS:COAL), which fell 7.10% or 13.00 points to trade at 170.05 at the close. Tata Steel Ltd (NS:TISC) declined 6.98% or 87.35 points to end at 1,164.90 and Oil And Natural Gas Corporation Ltd (NS:ONGC) was down 6.25% or 10.30 points to 154.45.
The top performers on the BSE Sensex 30 were Hindustan Unilever Ltd. (BO:HLL) which rose 3.24% to 2,184.10, Asian Paints Ltd. (BO:ASPN) which was up 2.46% to settle at 3,083.70 and IndusInd Bank Ltd. (BO:INBK) which gained 2.40% to close at 910.75.
The worst performers were Tata Steel Ltd (BO:TISC) which was down 6.95% to 1,165.40 in late trade, Sun Pharmaceutical Industries Ltd. (BO:SUN) which lost 2.74% to settle at 861.10 and NTPC Ltd (BO:NTPC) which was down 2.33% to 155.30 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1504 to 345 and 26 ended unchanged; on the Bombay Stock Exchange, 2403 fell and 843 advanced, while 127 ended unchanged.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.23% to 22.30 a new 1-month high.
Gold Futures for June delivery was down 0.02% or 0.40 to $1,858.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 1.59% or 1.64 to hit $101.45 a barrel, while the July Brent oil contract fell 1.73% or 1.83 to trade at $104.11 a barrel.
USD/INR was down 0.07% to 77.32, while EUR/INR fell 0.12% to 81.54.
The US Dollar Index Futures was up 0.07% at 103.76.
