India stocks lower at close of trade; Nifty 50 down 0.53%
2022.04.05 14:01
India stocks lower at close of trade; Nifty 50 down 0.53%
Investing.com – India stocks were lower after the close on Tuesday, as losses in the Banking, Carbon and Real Estate sectors led shares lower.
At the close in NSE, the Nifty 50 lost 0.53%, while the BSE Sensex 30 index lost 0.72%.
The best performers of the session on the Nifty 50 were Adani Ports and Special Economic Zone Ltd (NS:APSE), which rose 3.60% or 29.50 points to trade at 848.05 at the close. Meanwhile, NTPC Ltd (NS:NTPC) added 3.33% or 4.80 points to end at 149.10 and Tata Motors Ltd (NS:TAMO) was up 2.53% or 11.30 points to 458.05 in late trade.
The worst performers of the session were HDFC Bank Ltd (NS:HDBK), which fell 2.93% or 48.55 points to trade at 1,608.25 at the close. Bajaj Finserv Ltd (NS:BJFS) declined 2.20% or 377.50 points to end at 16,818.85 and Kotak Mahindra Bank Ltd. (NS:KTKM) was down 2.13% or 39.05 points to 1,797.00.
The top performers on the BSE Sensex 30 were NTPC Ltd (BO:NTPC) which rose 3.40% to 149.15, Power Grid Corporation of India Ltd (BO:PGRD) which was up 2.48% to settle at 233.05 and ITC Ltd (BO:ITC) which gained 1.63% to close at 259.50.
The worst performers were HDFC Bank Ltd (BO:HDBK) which was down 2.98% to 1,607.15 in late trade, Bajaj Finserv Ltd (BO:BJFS) which lost 2.14% to settle at 16,818.85 and Housing Development Finance Corporation Ltd (BO:HDFC) which was down 2.12% to 2,622.00 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 1296 to 529 and 27 ended unchanged; on the Bombay Stock Exchange, 2286 rose and 1006 declined, while 96 ended unchanged.
Shares in Power Grid Corporation of India Ltd (BO:PGRD) rose to all time highs; up 2.48% or 5.65 to 233.05.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 3.24% to 18.49.
Gold Futures for June delivery was down 0.32% or 6.25 to $1,927.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 1.02% or 1.05 to hit $104.33 a barrel, while the June Brent oil contract rose 0.85% or 0.91 to trade at $108.44 a barrel.
USD/INR was down 0.20% to 75.30, while EUR/INR fell 0.24% to 82.55.
The US Dollar Index Futures was up 0.06% at 99.04.
