India stocks lower at close of trade; Nifty 50 down 0.88%
2022.07.26 14:10
India stocks lower at close of trade; Nifty 50 down 0.88%
Investing.com – India stocks were lower after the close on Tuesday, as losses in the IT, Technology and Fast Moving Consumer Goods sectors led shares lower.
At the close in NSE, the Nifty 50 fell 0.88%, while the BSE Sensex 30 index lost 0.89%.
The best performers of the session on the Nifty 50 were Bajaj Finserv Ltd (NS:BJFS), which rose 5.50% or 693.45 points to trade at 13,313.00 at the close. Meanwhile, JSW Steel Ltd (NS:JSTL) added 2.09% or 12.25 points to end at 597.75 and Grasim Industries Ltd (NS:GRAS) was up 1.09% or 16.35 points to 1,514.85 in late trade.
The worst performers of the session were Infosys Ltd (NS:INFY), which fell 3.49% or 52.45 points to trade at 1,451.15 at the close. Hindustan Unilever Ltd. (NS:HLL) declined 2.92% or 76.50 points to end at 2,547.10 and AXIS Bank Ltd (NS:AXBK) was down 2.87% or 20.90 points to 706.45.
The top performers on the BSE Sensex 30 were Bajaj Finserv Ltd (BO:BJFS) which rose 5.58% to 13,314.75, Bharti Airtel Ltd (BO:BRTI) which was up 0.83% to settle at 683.80 and Power Grid Corporation of India Ltd (BO:PGRD) which gained 0.53% to close at 209.05.
The worst performers were Infosys Ltd (BO:INFY) which was down 3.40% to 1,451.80 in late trade, AXIS Bank Ltd. (BO:AXBK) which lost 3.00% to settle at 706.35 and Hindustan Unilever Ltd. (BO:HLL) which was down 2.84% to 2,546.85 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1349 to 482 and 45 ended unchanged; on the Bombay Stock Exchange, 2083 fell and 1119 advanced, while 134 ended unchanged.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.77% to 18.17.
Gold Futures for August delivery was down 0.15% or 2.60 to $1,716.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.71% or 1.65 to hit $98.35 a barrel, while the October Brent oil contract rose 1.66% or 1.66 to trade at $101.85 a barrel.
USD/INR was up 0.07% to 79.77, while EUR/INR fell 0.63% to 80.93.
The US Dollar Index Futures was up 0.52% at 106.91.
